Particle.news
Download on the App Store
5 ARTICLES
·
2mo ago

NASCAR Restructures Leadership with Steve Phelps as First Commissioner

The historic move elevates Phelps to oversee strategic growth and global expansion while Steve O'Donnell steps into the role of President to manage daily operations.

NASCAR President Steve Phelps (L) and NASCAR Executive Vice President Steve O'Donnell speak to the media during the NASCAR annual State of the Sport address at Phoenix Raceway on November 04, 2022 in Avondale, Arizona.
Nov 5, 2021; Avondale, Arizona, USA; NASCAR president Steve Phelps speaks to the media prior to practice for the Cup Series Championship race at Phoenix Raceway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports/File Photo
Image

Overview

  • Steve Phelps has been promoted to NASCAR's newly created role of Commissioner, marking a major shift in the organization's leadership structure.
  • As Commissioner, Phelps will oversee all aspects of NASCAR, including the International Motorsports Association (IMSA) and 15 tracks owned or operated by the organization.
  • Steve O'Donnell, previously Chief Operating Officer, has been promoted to President, taking charge of NASCAR's day-to-day operations and commercial activities.
  • The leadership changes reflect NASCAR's ambition to adopt a centralized governance model similar to other major sports leagues, emphasizing long-term strategic growth and innovation.
  • Phelps' promotion follows his successful negotiation of a $7.7 billion media rights deal, a milestone that secured the confidence of NASCAR's France family leadership.