Hulman & Co. president Belskus plans to retire

Hulman & Co. President and Chief Financial Officer Jeff Belskus will retire from the company early next year, according to a statement released by the company.

Belskus began his 27-year career with Hulman's affiliate, the Indianapolis Motor Speedway, in 1987. Belskus has served in various roles with Hulman, IMS and other affiliates during his career.

He is perhaps best known for his four years as president and chief executive officer of the Indianapolis Motor Speedway. He succeeded Tony George in that position.

George was removed from the Speedway’s top job after the Hulman board—which consisted of his three sisters and mother—became upset over continued financial losses at the track and IndyCar Series, which George started in 1996 to compete with the Champ Car series.

In late 2012, when Mark Miles was named CEO of Hulman & Co.—a position which included overseeing the Speedway and IndyCar Series—Belskus was reassigned to a less public role within the company.

In addition to heading up the Speedway, Belskus in late 2012 was also interim chief of the IndyCar Series after the board fired Randy Bernard from that post. Miles took over those responsibilities as well.

"I'm extremely appreciative to the Hulman-George family and the entire Hulman Board for all of the opportunities they have provided me over these many years. I'm proud of our multiple accomplishments over my 27 years with IMS and Hulman & Company," said Belskus in a statement. "I'm looking forward to the next chapter in my life and career."

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