By Kimie Bunyasaranand
May 14, 2013

Zak Brown has turned down an offer to become the IndyCar CEO and chosen to stay with the motorsports marketing company he founded, reports Jenna Fryer of the Associated Press.

Brown is the founder of Just Marketing International (JMI) and plans to relocate to England to continue growing the company.

From the AP report:

"I'm a huge fan of IndyCar, it's a great product and it certainly would have been a great opportunity and challenge," Brown said. "I have no doubt Mark Miles and the team he forms will lead the series down a path of success — and we at JMI will continue to do our part to support IndyCar.

"I'm committed to JMI, excited about our future and therefore unable to pursue any other opportunities. Mark is fully aware of my passion for IndyCar and my desire to contribute to the series' success in any way I can, but at this time that cannot be in the CEO role."

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