Craig stands down in CART reshuffle.

The hottest story in Belle Isle today is that CART CEO Andrew Craig has quit his role at the head of America's premier single-seater series.

Although details are still sketchy, a handful of news outlets report that Craig, along with financial director Randy Dzierzawski, opted to resign his post rather than be forced out of office at a specially-arranged meeting of board members. The reasons for Craig's decision have yet to be made clear, but an official statement is expected before the day is out.

Team boss Bobby Rahal stepped into the CEO's shoes to ensure the rest of the meeting ran smoothly, and is understood to have been touted as a full-time replacement for the departed head man.