| CHASSIS COMPETITION FOR 2012: The Indianapolis | | | | NASCAR and Formula 1 to Indy. He will also forever |
| 500 Mile Race was the proving ground for early | | | | be remembered as the man who dismantled the Indy |
| automobile manufacturers and its history of | | | | car series by giving CART teams an unceremonious |
| innovation has as much to do with its iconic status as | | | | boot on the rear end, which led to a fifteen year |
| its size, distance, and age. The invitation to brilliant | | | | rivalry that threatened the future of both factions. |
| automobile engineers to bring their best ideas to Indy | | | | Shortly before his double resignation was announced, |
| has been kept in the box for years, as the historic | | | | rumors circulated that other Hulman family members |
| venue has evolved into a spec race. The teams | | | | serving on the IMS board were in a state of revolt |
| competing at Indy are currently all driving the same | | | | after years of what they considered imprudent |
| chassis and the same engine. The chassis are supplied | | | | spending by Tony George. Enormous sums of capital |
| by the Italian automobile company Dallara and the | | | | were invested into the speedway to accommodate |
| engines are leased to the teams by Honda. | | | | Formula 1, including the construction of completely |
| The Indy Racing League, in an effort to boost | | | | new high tech garages, the construction of an infield |
| competitive design options, has solicited entries from | | | | road coarse, and resurfacing of the oval segments of |
| other chassis manufacturers for 2012, including Lola, | | | | the track to accommodate the Formula 1 series. The |
| Swift, Delta Wing. The IndyCar racing series set forth | | | | total price tag for these accommodations is said to |
| the specs and the manufacturers are looking for | | | | be in excess of sixty million dollars. After negotiations |
| ways to develop a compliant product. Among the | | | | between IMS and Formula 1 failed to produce an |
| specs the manufacturers are expected to comply | | | | ongoing working agreement, IMS abandoned its |
| with is a requirement that the cars be manufactured | | | | desire to host the F1 event in the future. The short |
| within the united states and preferably in Indiana. | | | | 8 year run of Formula 1 at Indy is generally regarded |
| Safety and cost specs are also specified. | | | | as a failed experiment, having cost millions more to |
| CHANGE OF LEADERSHIP AT IMS: Announced in | | | | run than it generated.. This, coupled with the |
| June of 2009, Tony George resigned his position as | | | | staggering expense of operating the Indy Racing |
| President of the Indy Racing League and resigned | | | | League, brought pressure for a dramatic change of |
| from the board of directors for the Indianapolis | | | | course in the operational map of the two racing |
| Motor Speedway as well. Revered as a hero to some | | | | organizations. Tony George, who was apparently not |
| and assailed as a villain to others, Tony George, will | | | | willing to compromise, elected to resign his post at |
| forever be remembered as the man who brought | | | | both organizations. |