P1racenews AI automatic summary:
IndyCar president Jay Frye has left the organisation, with Indianapolis Motor Speedway head Doug Boles taking over the role amid a large personnel shake-up ahead of the 2025 season
IndyCar president Jay Frye has stepped down, with Doug Boles, head of Indianapolis Motor Speedway, assuming his role amidst a major personnel restructuring in preparation for the 2025 season. Boles now oversees both IndyCar and the Speedway, consolidating previously separate positions. Frye, who has a background at Red Bull’s NASCAR team and Hendrick Motorsports, took on leadership roles within IndyCar since 2015, overseeing notable changes like the introduction of the aeroscreen and hybrid device.
Frye expressed gratitude for his time at IndyCar, recognizing the collective efforts that propelled the series forward. Boles, a respected figure within the IndyCar community and an instrumental force in IMS’s development, is optimistic about the future, backed by more than $150 million in investments under his presidency. As the new head of both IndyCar and IMS, Boles aims to steer the sport to greater heights and enhance the Speedway’s iconic status.
Mark Miles, Penske Entertainment President & CEO, endorsed Boles’s appointment, citing his exceptional leadership qualities and deep-rooted passion for racing. With Mark Sibla taking on an elevated role to manage day-to-day operations within the organizations, IndyCar anticipates a seamless transition under Boles’s guidance, setting the stage for an exciting 2025 season.
