Former Indy Motor Speedway CEO Tony George Spends $600 Million, Gets Fired By Sisters

Controversial Indianapolis Motor Speedway board member Tony George has been ousted from the track's board, largely composed of his sisters, after spending $600 million over 13 years. That's so much his sisters were worried they'd run out of money.

Last July George lost his job as the track's CEO.

What'd he spend all that dough on? Remaking the track to accommodate Formula One, dropping serious dime on PR efforts and starting his own IRL team among many other things.

George is the grandson of Tony Hulman, who's credited with saving the Speedway in 1945 and popularizing the Indy 500.

[via Canada.com]