Former IndyCar boss Tony George has put his IndyCar Series team on ice for lack of sponsorship.
George was CEO of the Indianapolis Motor Speedway and founder of the Indy Racing League until he was asked to resign from his role last year. He resigned his remaining seat on the IMS board earlier this month.
The Vision team was formed in 2005 from the remains of Kelley Racing, and ran George's stepson Ed Carpenter from 2005-'09, alongside several teammates including Tomas Scheckter, A.J. Foyt IV, Paul Tracy and Ryan Hunter-Reay. The team's best result in its five years was Carpenter's second place to Ryan Briscoe at Kentucky last season.
The Indianapolis Star quotes Carpenter as saying of Vision: "We're suspending operations, but I don't know fully what that means. We're still pursuing opportunities to resume operations."
Sponsorship woes are also hitting longtime Indy car racing stalwart Newman/Haas/Lanigan Racing, which reportedly is set to field only one full-time entry this year – for Hideki Mutoh – unless additional financial backing is secured.