Team Penske continued its reshuffling of leadership positions, naming Indianapolis Motor Speedway President Doug Boles in the same position at IndyCar, replacing Jay Frye.

In a massive leadership shakeup just weeks until the start of the 2025 season, Doug Boles has been named the president of IndyCar while also maintaining his IMS president role.

Alex Damron has been named Chief Marketing Officer, IndyCar, while also continuing as Vice President of Corporate Communications for Penske Entertainment. Penske Entertainment has promoted Indianapolis Motor Speedway President Doug Boles to the top spot at IndyCar.

In a Zoom meeting that lasted approximately 40 minutes, Penske Entertainment CEO Mark Miles and new IndyCar president Doug Boles met with select members of the media on Tuesday to field questions

Doug Boles will serve as President of both INDYCAR and Indianapolis Motor Speedway, succeeding Jay Frye. Mark Sibla will be promoted to Senior Vice President, INDYCAR Competition & Operations. Kyle Novak will become INDYCAR’s Vice President of Officiating and Race Control.

Roger Penske continued his reshuffling of leadership positions on Tuesday, naming Indianapolis Motor Speedway President Doug Boles in the same position at IndyCar, replacing Jay Frye.

Indianapolis Motor Speedway president Doug Boles is the new president at IndyCar, replacing Jay Frye, who is out after 10 years.