Look what slipped through the cracks in all the frothing excitement of the opening weekend. Motorsport says Brian Barnhart has a new best friend, and his name is Terry Angstadt.
Brian Barnhart will serve as president of the Indy Racing League competition and operations division, and Terry Angstadt will serve as president of the Indy Racing League commercial division, effective immediately, IRL Founder and CEO Tony George announced March 23.Sure these guys are in the business of speed, but excuse me while I raise an eyebrow at an exceptionally fast process that resulted in an internal hire. Perhaps the promotion of an IMS guy was for the best, but if that is the case then it’s a bit curious why the hiring process was even news.
As president of the commercial division, Angstadt, currently the vice president of marketing for the Indianapolis Motor Speedway, will have responsibility for sales, marketing, public relations, broadcast relationships, business planning and development, and organizational operation of the IndyCar Series. Angstadt joined IMS in 2001.
Angstadt, a graduate of Indiana University, has a distinguished marketing and general management career. Immediately before joining IMS, Angstadt was executive vice president of Cyrk, an industry leader in brand building and marketing solutions working with major clients that included McDonald's, Philip Morris, Coca Cola and Caterpillar. Before that, he was president, CEO and a member of the board of directors of Fila Sports Inc, a leading international brand of active sportswear and athletic footwear.
Anyhow, good luck Terry and let us know if you need anything. We will always help carry the proverbial water, which in this case is more likely ethanol.