UPDATE: NASCAR today announced that Steve Phelps has been named NASCAR President, effective October 1, 2018. Brent Dewar has elected to step down and will remain with the company through the end of the 2018 racing season, transitioning to a senior consulting and advisory role in 2019.
Phelps will assume the duties held by Dewar and will report to Jim France, NASCAR Chairman and Chief Executive Officer. As President, Phelps will have responsibility over all competition and business operations for the sanctioning body.
“We couldn’t be more thrilled to have Steve Phelps as our leader,” France said. “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.”
Joining NASCAR in 2005, Phelps has played a key role in significant initiatives, such as negotiating key partnership agreements with Coca-Cola, Monster Energy, Comcast and Camping World, the acquisition of NASCAR’s digital and social rights and leading industry collaborative efforts such as the Industry Action Plan and industry-wide marketing platforms. Phelps brings more than three decades of experience to the role, including senior leadership roles at the National Football League and Wasserman.
“As a life-long fan of NASCAR, the opportunity to provide league-wide leadership is something I am looking forward to,” Phelps said. “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 in 2013, serving as Chief Operating Officer and later as NASCAR President. “It has been a privilege to serve this sport these past five years,” said Dewar. “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.”
— NASCAR —
Original post: NASCAR’s Brent Dewar is expected to announce he is stepping down from his current position as president of the sport to take a different role in the organization, multiple sources have confirmed.
Steve Phelps, who currently serves as NASCAR’s Chief Operating Officer, will be Dewar’s successor, Kickin’ the Tires was told. The announcement should come within hours.
The move is said to have been in the works for the past year as Dewar looks to spend more time with his family, which includes raising his 12-year-old daughter; seen often at the track sporting Ryan Blaney swag.
Dewar joined NASCAR as the chief operating officer in 2013 after a long career in the automotive industry. He founded Whitby Advisors, a motorsports and automotive consulting firm that worked with NASCAR prior to his being named to his original role in the sport as Chief Operating Officer. Before that he worked for 30-years at General Motors, where his final title was Senior Vice President Global Chevrolet and he led the GM brand in 130 markets around the globe.
According to the sources, who spoke strictly on the condition their identities were protected, Dewar will likely support the international duties and serve more of a role alongside the France family, which owns NASCAR and controls a majority interest in International Speedway Corp. This would allow Dewar to work with previous connections in other parts of the world, where NASCAR is looking to expand, specifically in the Asian market.
Dewar politely declined comment on the impending announcement when asked about it at Las Vegas Motor Speedway. However, he did say good things were ahead for NASCAR.
As for Phelps, he’s already seen a major promotion in 2018 as he was moved to Dewar’s former role of Chief Operating Officer in April.