The Indianapolis Motor Speedway announced Friday that Casey Irsay Foyt, the daughter of the late Indianapolis Colts owner Jim Irsay, will serve as the honorary starter and wave the green flag for Sunday's 109th Indianapolis 500.

Jim Irsay, the owner and CEO of the Indianapolis Colts, died Wednesday at the age of 65, the team said in a statement.

Atlanta Falcons owner Arthur Blank reacted to the passing of Indianapolis Colts owner Jim Irsay, who died in his sleep Wednesday at 65 years old.