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Tuesday, October 23, 2012
George resigns amid takeover bid
Tony George has resigned from his position on the board of directors of Hulman & Company, owner of IndyCar, to avoid a conflict of interest as he progresses with an attempt to regain control of the series. George created what was then called the Indy Racing League as a rival to the CART Indycar series in 1996, triggering the destructive US single-seater split that lasted until 2008
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