Penske Reshuffles Leadership in IndyCar
Team Penske announced a significant change in leadership on Tuesday by appointing Doug Boles, the current President of the Indianapolis Motor Speedway (IMS), to the role of President of IndyCar. This transition sees Boles replacing Jay Frye, who has departed after a decade in the position.
Boles has been at the helm of IMS since 2013, during which time he oversaw notable events including the record sellout of the 100th Indianapolis 500, marking it as the first time in history that the event hosted a full-capacity crowd.
In his statement, Boles expressed his optimism about the future of the sport and IMS, saying, “I truly believe the future is bigger and brighter than ever for our sport and the Indianapolis Motor Speedway.”
This leadership adjustment follows a week after Tim Cindric, who has been the leader of Team Penske and a key figure in competition for Roger Penske, announced his decision to step back from overall leadership, although he will continue to serve as the president of the IndyCar program.
Team Penske is fresh off a highly successful 2024 season, during which it achieved prominent victories including the Rolex 24 at Daytona and a second consecutive win at the Indianapolis 500, alongside securing the NASCAR Cup Series championship for the third consecutive year and clinching titles in the IMSA and WEC series.
Despite the current success, Penske remains focused on enhancing the organization, as underscored in Tuesday’s announcement, which highlighted Boles’ strengths in promotion and strategic marketing.
Mark Miles, President and CEO of Penske Entertainment, remarked, “Doug is the ideal choice to lead both IndyCar and IMS as we enter a new era of opportunity and visibility. He’s an exceptional leader and motivator who is appreciated by our fans and respected by our owners, drivers, partners, and additional key stakeholders.”
Boles will now report directly to Miles. The organization also implemented a few additional changes, promoting Mark Sibla to Senior Vice President of IndyCar competition and operations, appointing Kyle Novak as Vice President of officiating and race control for IndyCar, and elevating Louis Kissinger to General Manager of operations at the Indianapolis Motor Speedway.
