Steve Phelps has been named NASCAR President, replacing Brent Dewar, NASCAR announced Thursday.
Phelps will assume his new role on Oct. 1 and will report to Jim France, NASCAR’s acting CEO and Chairman. He currently serves as Chief Operating Officer. As president, Phelps will have responsibility over all competition and business operations for the sanctioning body.
Dewar, who joined NASCAR in 2013, will step down from the position and remain with the company through the end of the 2018 season. He will transition to a senior consulting and advisory role next year.
“We couldn’t be more thrilled to have Steve Phelps as our leader,” France said in a press release. “His passion for NASCAR and proven ability to work with our partners has been unparalleled over the years. We thank Brent for his service and leadership to our sport. His energy and vision have been of tremendous benefit to our employees and our industry.”
Phelps has been with NASCAR since 2005 and has played a part in forging agreements with Coca-Cola, Monster Energy, Comcast and Camping World and the acquisition of NASCAR’s digital and social rights.
“As a life-long fan of NASCAR, the opportunity to provide league-wide leadership is something I am looking forward to,” Phelps said in the press release. “I am confident that the strong team of leaders here at NASCAR and across the industry will accelerate the necessary changes to grow the sport and engage our passionate fans.”
Dewar joined NASCAR as Chief Operating Officer before becoming president.
“It has been a privilege to serve this sport these past five years,” said Dewar in the press release. “NASCAR is a close-knit family and I have been blessed to be part of a great team and industry, working collaboratively to deliver great racing for our fans. I look forward to continuing to work with the industry and the France family.”