MOORESVILLE, N.C. Tim Cindric is taking a step back from his leadership of all Team Penske racing programs.

Cindric will relinquish day-to-day management of the operation, while remaining as Team President of Team Penskes NTT IndyCar Series operation. Cindric will also have oversight to the teams racing archives and historical assets.

I have lived my dream job for the past 25 years as the overall leader of the Penske Racing organization, Cindric said in a statement. Ive had the opportunity to work with some of the best people in the business while achieving many milestones together. Ive decided I need to make a change that provides me with the flexibility I need at this stage of my career.

I appreciate the understanding Roger has provided throughout our conversations and Im confident this team will continue to succeed as we have a proven leadership team in all areas.

Ron Ruzewski will continue as Managing Director for the IndyCar team.

Michael Nelson will remain as the President of Team Penskes NASCAR Program and Vice President of Operations while Jonathan Diuguid will continue in the role of Managing Director of Porsche Penske Motorsport. Both Nelson and Diuguid will report directly to Roger Penske.