Tony George reinstated to Hulman & Co. board
IndyCar founder Tony George has been reinstated to the Hulman & Co. board of directors, five months after resigning following a failed attempt to reacquire the series.
The decision to bring George back onto the board was made after the family members met in St. Petersburg for their annual shareholder meeting.
George resigned in October after submitting a proposal to purchase IndyCar, the series he founded in 1996. He cited a conflict of interest as his reason for stepping down, and he was allowed to return to the board Friday because he's no longer trying to regain control of the series.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)