Indy Speedway Boss To Step Down

| , RacinToday.com Monday, July 20 2009


It was announced Monday that Joie Chitwood III will step down as president and chief operating officer of Indianapolis Motor Speedway and join the International Speedway Corp. as vice president of business operations.

In addition, ISC announced W. Grant Lynch Jr. will become Chairman of Talladega Superspeedway and Vice President, ISC Strategic Projects.

Chitwood, 40, will lead strategy development and oversee business execution across the ISC’s 13 motorsports facilities and Americrown Service Corp., ISC’s catering, concessions and merchandising subsidiary.  He will report to ISC executive vice president and COO, Roger VanDerSnick.

In his new role as Chairman of Talladega and VP, ISC Strategic Initiatives, Lynch will oversee strategic management and community leadership for one of ISC’s premier facilities while continuing to provide leadership and execution for key strategic projects across the Company.

“Joie possesses a wealth of experience in the motorsports industry and we are thrilled to have someone of his caliber join our executive team,” said VanDerSnick.  “He’s a proven leader and has demonstrated his ability to execute on various major projects, including the development of Chicagoland Speedway.  I also look forward to Grant’s continued contributions to our business in his new role as Chairman of Talladega and VP, ISC Strategic Projects.  His leadership and insight continue to be valuable assets within the Company and will combine well with Joie’s talents.”

| , RacinToday.com Monday, July 20 2009
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