Jim France to step down as NASCAR CEO in historic change for racing series
Jim France is stepping down as NASCAR CEO and will be replaced by current NASCAR president Steve O'Donnell, marking the first time a non-France family member will lead the organization. France will remain chairman and maintain his 54% ownership stake in NASCAR.
NASCAR is undergoing a significant leadership change with Jim France stepping down as CEO. Steve O'Donnell, the current NASCAR president, will take over as CEO, marking the first time a non-France family member will lead the organization. O'Donnell will oversee day-to-day operations and assume a broad array of responsibilities. Jim France, 81, will remain NASCAR's chairman and maintain his 54% ownership stake. Ben Kennedy, France's great-nephew, will be promoted to chief operating officer. The changes come about four months after NASCAR settled an antitrust lawsuit filed by 23IX Racing and Front Row Motorsports.
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