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

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Wes Siler
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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.

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

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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.

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

[via Canada.com]