Joseph Mattioli retiring as CEO of Pocono Raceway

In a surprise announcement Friday at Pocono Raceway, Dr. Joseph Mattioli announced he was stepping down as CEO of the racetrack he and his wife, Dr. Rose Mattioli, opened in 1971.

How big a surprise was it? Not even the staff at Pocono Raceway knew why Mattioli had scheduled time in the media center, and the track had no press release prepared.

“My wife and I felt that it was time that I get the hell out of here,” said Mattioli, 86. “As of today, I’m resigning all my positions here at Pocono Raceway. As of today, my oldest grandson, Brandon (Igdalsky)—he’s already president—he’s going to become president and CEO of Pocono Raceway, and his brother Nicholas (Igdalsky) is going to be COO, and their sister Ashley (Igdalsky) will become secretary/treasurer of the corporation.

“I’m going on 87, and nobody lives forever, and I’d better get the hell out of here while the getting’s good.”

In a statement released after the announcement, NASCAR chairman and CEO Brian France recognized the Mattiolis’ important role in the growth of stock car racing.

“For over four decades, Dr. Joe and Rose Mattioli have been a big part of NASCAR’s success, and their track has created many memories for our teams, drivers and fans,” France said. “As the Mattiolis step away from the day-to-day operations at Pocono, we wish them all the best in retirement and extend our heartfelt gratitude for their many significant contributions to our sport.”