Skip to main content
See every side of every news story
Published loading...Updated

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.
Insights by Ground AI

69 Articles

Bulletin-ReviewBulletin-Review
+27 Reposted by 27 other sources
Center

NASCAR names first CEO from outside founding family

Steve O'Donnell will succeed Jim France to become the first NASCAR head from outside the France family in its 78 years. France will remain as NASCAR chairman.

Rutland HeraldRutland Herald
+11 Reposted by 11 other sources
Center

New CEO Steve O'Donnell vows to unite NASCAR and return the fun

Steve O’Donnell wants to bring some fun back to NASCAR. O’Donnell was introduced as the sanctioning body’s chief executive officer at Talladega Superspeedway on Saturday and vowed to “make some moves” that will return the storied racing series to its…

Associated Press NewsAssociated Press News
+11 Reposted by 11 other sources
Lean Left

Reports: Jim France to step down as NASCAR's chief executive officer, Steve O'Donnell promoted

NASCAR majority owner Jim France is stepping down as chief executive and will be replaced by president Steve O’Donnell, according to multiple reports.

·United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 72% of the sources are Center
72% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

On3 broke the news on Friday, April 24, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal