In a significant leadership change, IndyCar announced the departure of Jay Frye and appointed Doug Boles as the new series president. This transition comes as IndyCar seeks to accelerate growth beyond its recent single-digit increases, particularly with the new FOX partnership.

Mark Miles, Penske Entertainment CEO, emphasized that while Frye's 11-year tenure focused primarily on competition and operations, Boles brings a broader skill set combining racing experience and promotional expertise. As former president of Indianapolis Motor Speedway, Boles will now oversee both IMS and IndyCar operations, aiming to strengthen the synergy between the two entities.

Key aspects of the transition include:

• Mark Sibla taking over competition and operations responsibilities
• Louis Kissinger assuming increased operational duties at IMS
• Continued focus on developing new chassis concepts and engine formulas
• Ongoing negotiations with manufacturers for post-2026 contracts

Boles stressed that success will come from collective effort: "The sport's amazing, the racing's amazing, the venues are fantastic. Let's figure out how together we can continue to move it forward."

While specific reasons for Frye's departure weren't disclosed, Miles indicated the change creates an opportunity to better integrate competition, operations, and commercial aspects of the sport. The timing, though close to the season start, is not expected to impact operations as the existing team remains largely intact.

The leadership change comes at a crucial time as IndyCar works to capitalize on its FOX partnership and address key technical and commercial challenges for the sport's future.

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