Today marks a sad day in Indy Car Racing as Curt Cavin of the Indianapolis Star reports that Tony George's Indy-car team suspended operations today due to a lack of sponsorship, completing a downfall of his involvement with major open-wheel racing.
Tony George resigned his position as CEO of the Indianapolis Motor Speedway last summer, in part because of his commitment to Vision Racing. George subsequently resigned his leadership role with the Indy Racing League, a series he started in 1996 as an alternative to CART. The IRL is credited with providing a low cost alternative to the costs of open wheel racing that was spiraling out of control in US Open Wheel Racing.
Last season the team posted its best result out of 121 starts-a second place finish at Kentucky Speedway. Team Penske's Ryan Briscoe edged George's step son, Ed Carpenter at the finish line by 0.0162 seconds.
"We're suspending operations, but I don't know fully what that means," Carpenter said. "We're still pursuing opportunities to resume operations."
Nothing yet has been posted at Visions web site, www.visionracing.com
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