What is Tony Hulman George’s net worth?
The latest net worth of Tony Hulman George is projected to reach $200 Million as of November 2022.
62 years old
December 30, 1959
1.80 m (5 ft 11 in)
Country of Origin:
United States of America
Source of Wealth:
Professional Racing Driver
Who is Tony Hulman George? What is his Profession and Nationality?
Tony Hulman George is a former president, CEO, and chairman of the Indianapolis Motor Speedway Corporation. He is a former car racing executive.
Although he gained notoriety not just through the Indianapolis Motor Speedway Corporation, but also by organizing the Indy Racing League and rising to the position of President of Hulman and Company.
Although he was given control of his father’s enterprises, the majority of his riches has come from his great work in the racing industry.
Tony Hulman George’s net worth is projected to reach $200 Million as of November 2022.
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Tony Hulman George Facts
- Tony served as the CEO, President, and Chairman of the Indianapolis Motor Speedway and Hulman and Company from 1989 up until 2009.
- As a racing driver, Tony competed in the 1989 Indy Lights Championship.
- He made the famous speech “Ladies and Gentlemen, Start Your Engine” before the Indianapolis 500, which was run from 1997 to 2015.
- His grandfather used the line “Ladies and Gentlemen Start Your Engine” which Tony started using at the Brickyard 400 in 1997.
- Tony also used the “pilot, start your engine” speech at the 2017 and 2018 Indy 500s.
Early Life, Birthday, Siblings and Parents
In Terre Haute, Indiana, on December 30, 1959, Anton Hulman “Tony” George was born.
Herman Hulman, who acquired the Indianapolis Motor Speedway at the close of World War II, is the grandfather of Tony.
It was practically a given that he would end up following his grandfather’s career route because his family was interested in motor racing.
Josie, Kathi, and Nancy, his three sisters, all rose to the position of director at Speedways, although they do not directly oversee the day-to-day operations of the business.
He graduated from Indiana State University in 1983 with a bachelor’s degree in business administration after attending Terre Haute Schulte High School.
Tony attended a racing school before beginning his career in racing and made his racing debut at the USAC Pro-Ford championship.
He had previously made his maiden effort in the Indy Lights Championship when he was 20 years old. His racing career didn’t last long because he only finished in the top 10 five times before moving on to other chances.
Professional Career of Tony Hulman George
He abandoned his racing career and was appointed CEO, Chairman, and President of the Indianapolis Motor Speedway Corporation shortly after.
He started managing new initiatives that would help the speedway get better while also looking for methods to boost revenue.
Up until he made the decision to disrupt everything by announcing that NASCAR will be added to the Speedway program, the Indianapolis 500 had only one race.
Tony hosted the United States Grand Prix in 2000, bringing Formula One back to the country.
Unfortunately, Tony and Bernie Ecclestone, the father of Tamara Ecclestone, chose not to continue with the United States Grand Prix following an unsatisfactory event during the 2005 race.
The Speedway was able to host its inaugural MotoGP race in 2008, however it was sadly a resounding failure.
In 2009, Tony made the decision to step down from his positions as Chairman, CEO, and President of the Indianapolis Motor Speedway and Hulman & Company due to the firms’ lack of profitability.
He left the board of directors in 2010, too, but returned to it in 2011, this time as a director of Hulman and Company.
He has remained a director of Hulman and Company ever since, and it is anticipated that he will do so until retirement.
Tony has every reason to be pleased that some of the best racing drivers have competed in the Indy 500, including Carl Edwards, Cale Yarborough, Dale Earnhardt Jr., and Danica Patrick, one of the best female racers in recent memory.
Tony Hulman George’s Career Earnings
Tony’s involvement in management of motorsports has brought in a sizable sum of money.
However, when his father’s ownership was given to him, his financial situation significantly improved.
An approximate breakdown of Tony Hulman George’s yearly revenue is provided below:
- Tony Hulman George’s Salary In 2013 – $10 million
- Tony Hulman George’s Salary In 2014 – $11 million
- Tony Hulman George’s Salary In 2015 – $10 million
- Tony Hulman George’s Salary In 2016 – $12 million
- Tony Hulman George’s Salary In 2017 – $11 million
- Tony Hulman George’s Salary In 2018 – $12 million
- Tony Hulman George’s Salary In 2019 – $14 million
- Tony Hulman George’s Salary In 2020 – $16 million
- Tony Hulman George’s Salary In 2021 – $17 million
- Tony Hulman George’s Salary In 2022 – $18 million
Tony has succeeded in generating a great deal of interest in motorsport through his spectacular schemes, but they don’t always pan out as planned.
Despite this, he has continued to grow rich despite sometimes difficult business decisions.
Tony Hulman George’s Net Worth Annually
It was almost a given that Tony would make his money on the track given his history in motorsport and speedway.
His father’s fortune gave his personal finances a significant boost, but the majority of his wealth is invested in Speedway and Hulman stock.
The following table breaks out Tony Hulman’s yearly net worth:
- Tony Hulman George’s Net Worth In 2013 – $190 million
- Tony Hulman George’s Net Worth In 2014 – $190 million
- Tony Hulman George’s Net Worth In 2015 – $190 million
- Tony Hulman George’s Net Worth In 2016 – $190 million
- Tony Hulman George’s Net Worth In 2017 – $190 million
- Tony Hulman George’s Net Worth In 2018 – $190 million
- Tony Hulman George’s Net Worth In 2019 – $190 million
- Tony Hulman George’s Net Worth In 2020 – $190 million
- Tony Hulman George’s Net Worth In 2021 – $190 million
- Tony Hulman George’s Net Worth In 2022 – $200 million
The businesses in which he presently has investments are performing well, and it appears that Tony’s luck has altered in terms of profitability.
With a strong management team at his side, Tony will undoubtedly see a significant growth in wealth in the years to come.
Personal Life, Wife and Drug Case
After getting married to Lisa Dawn in 1983, Tony and Lisa had a son named Anton Hulman George Jr. who will no longer benefit from the Speedway’s ownership now that it has been sold.
Unfortunately, after Tony’s usage of cocaine and marijuana was discovered, the couple filed for divorce; nonetheless, he quickly moved on and began a new relationship.
After the divorce was finally finalized in 1989, Tony proposed to Laura, his second wife. Later in 1989, Laura Livvix and Tony got married, and Lauren was their daughter.
Tony wants to nurture Edward, a kid from a previous marriage of his second wife Laura, as his own child and has mentioned building Edward an ice skating rink to assist him enhance his hockey career.
Awards & Achievements of Tony Hulman George
Tony and his family are acknowledged for their contributions to American motor racing because Tony’s family has been active in the industry for such a long time.
While Tony’s accomplishments are less remarkable, he has nevertheless made significant strides with his entrepreneurial skills.
Here are some of Tony Hulman George’s most enduring memories from his career:
- Tony’s family was awarded the media award for its impressive work with the Indianapolis Motor Speedway in 2005.
- The Hulman-George family was also honored with the Bob Russo Founder award for their dedication to auto racing in 2013.
- Tony George created the Indy Racing League in 1996.
- In 2008, Tony added the MotoGP series oval circuit to the Speedway’s schedule.
- He was instrumental in building the infield road circuit at the Speedway.
Tony hasn’t always had it easy at the Speedway because of the shifting preferences of racegoers, who shifted away from the relatively inappropriate road surface and toward NASCAR.
This affected the Speedway’s profitability and led Tony to leave from his operational positions.
How Does Tony Hulman George Spend His Money?
Tony has a sizable investment in real estate, and his mansion-style home is currently worth over $40 million.
Although he lives in San Francisco, he has numerous additional residences spread across the country.
He obviously enjoys driving fast cars, and his garage is home to some of the most costly automobiles in existence.
Top-end Given the prevalence of Indy 500 pace cars in previous years, Chevrolets rank highly among his personal vehicles.
Tony Hulman George’s Career Highlights
Despite his issues, Tony added fresh talent to the Speedway schedule, which did increase attendance.
Even if the Speedway’s heyday may be over, Tony is still optimistic that the track will continue to draw crowds.
Here are some of Tony Hulman George’s greatest achievements:
- Tony announced his founding of the Indy Racing League in 1994.
- One of Tony’s biggest debuts into the racing industry was during the early 1990s.
- In 2005, he added road courses to the original all-oval circuit.
- After Tony changed the Indianapolis 500 when the International Race of Champions made its debut in 1992.
- Tony became the Chairman, CEO, and President of the Indianapolis Motor Speedway Corporation in 1989.
Due to claims of a conflict of interest resulting from his numerous investments and improvements at the Speedway, Tony resigned from his position as CEO. After his mother passed away, Tony was reinstituted as CEO and Chairman.
The board soon understood that the Hulman family had developed the Speedway to its full potential and required a fresh approach. At this time, they made the decision to sell Roger Penske an undisclosed sum in exchange for the Indianapolis Motor Speedway and the NTT IndyCar Series.
Favorite Tony Hulman George Quotes
Tony George has spent his entire life managing motorsports events. He either took part in them as a driver or helped plan them as the corporation’s executive.
He took his responsibility as the track’s steward extremely seriously, and he made every effort to bring the track up to the level needed to compete with the top tracks in the world.
But in the end, he was unable to turn the business into the profitable success he had envisioned, and the family realized that a new manager would be more suitable.
The following are some of our favorites from Tony Hulman George:
- ” Gentlemen, start your engines!” – Tony Hulman George
- ” We think he can take our team to the next level.” – Tony Hulman George
- “There’s always the temptation to start charging ahead (with a merger). But I’m trying to keep focused on what we both must consider. We must put our best foot forward…to meet everyone’s expectations.” – Tony Hulman George
- “I don’t know at this point what happened or who was at fault. It’s just a real shame. I don’t know that it was inexperience. Don’t want to say anything about that.” – Tony Hulman George
I don’t believe we will be able to resolve all the major problems in a timely manner, certainly not by 2007. (Tony Hulman) George
3 Amazing Lessons From Tony Hulman George
A. Hulman George, a traditionalist, is adamant about pursuing his grandfather’s wish.
In order to achieve this, he acts in the best interests of the business, even resigning after realizing he wasn’t the right candidate.
Now that you are fully aware of Tony Hulman George’s net worth, take note of some of the following success advice from him:
1. Act in the company’s best interests.
No of the criticism he faced for these decisions, Tony put the firm first.
2. In a race, slow and steady prevails
He never made a choice hastily, instead taking his time to make sure that it would benefit the business in as many ways as possible.
3. Act in your own best interests.
Tony knew that stepping back from day-to-day operations was the best course of action because he had a lot on his plate with both businesses. Not only was this in his best interests, but also those of the corporation,
Some people would contrast Tony with his extraordinarily prosperous grandfather, but it doesn’t change the fact that Tony had a respectably lucrative career of his own.
His business acumen propelled him forward and frequently came to his rescue. With his new role as a director of Hulman and Company, he is now leading a life that is more comfortable for him.
While secretly formulating preparations for the company’s future, Tony is currently taking advantage of his newfound freedom with his family.
Tony Hulman George’s net worth is projected to reach $200 Million as of November 2022.