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NASCAR Names First CEO From Outside Founding Family
Steve O'Donnell will become the first non-France family CEO as NASCAR keeps Jim France as chairman after a contentious revenue-sharing dispute.
On Friday, April 24, 2026, NASCAR majority owner Jim France announced he is stepping down as CEO, with president Steve O'Donnell succeeding him in the role.
This transition ends a 78-year history of France family members leading the organization's day-to-day operations, dating back to founder Bill France Sr.
NASCAR will promote Ben Kennedy to chief operating officer, while the company's ownership structure remains unchanged at 54% for Jim France and 46% for Lesa France Kennedy.
Talladega Superspeedway in Alabama will host the formal announcement this weekend, coinciding with races for the Cup Series and O'Reilly Auto Parts Series.
O'Donnell assumes leadership following instability that includes NASCAR Commissioner Steve Phelps's resignation earlier this year and an anti-trust lawsuit from Michael Jordan's 23XI Racing.