INDYCAR announces Derrick Walker has resigned from series

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LEXINGTON, Ohio – A major bit of news has just occurred from INDYCAR’s competition side, as series president of competition and operations Derrick Walker has resigned from his post. INDYCAR announced the news on Thursday.

Walker will finish out this month for the remaining three races of the Verizon IndyCar Series season, with this weekend’s race at Mid-Ohio Sports Car Course, then the final two races at Pocono Raceway and Sonoma Raceway.

Hulman & Co. CEO Mark Miles, head of INDYCAR’s parent company, said Walker has decided to leave the company effective Aug. 31, 2015, in order to pursue other professional opportunities. A search for his replacement is already underway.

“We have benefited from Derrick’s extensive racing experience, his tireless effort and his passion for INDYCAR, and he will be missed,” Miles said in a release. “We appreciate the thoughtful way Derrick has planned his transition and wish him well in his future endeavors.”

Walker added, “I have appreciated the opportunity to work closely with the team owners, drivers and the team at INDYCAR. After two and a half racing seasons, I believe the timing is right to move on to other opportunities.”

Noteworthy here is the fact that Walker Racing has also run and operated the Team Falken Tire sports car team in the TUDOR United SportsCar Championship, and Falken has announced its withdrawal both from a tire and sponsor standpoint at the end of the season.

It would stand to reason that Walker would pursue sports car options for his team for 2016 and beyond, and put his full focus behind whatever program might materialize.