Steve Phelps will assume the role of NASCAR president effective Oct. 1, the sanctioning body announced Thursday morning.
Phelps will replace Brent Dewar, who is stepping down. Dewar, who succeeded Mike Helton as NASCAR president in the summer of 2017, will transition to a senior consulting and advisory role next year. Dewar joined NASCAR in 2013 as the chief operating officer.
“It has been a privilege to serve this sport these past five years,” Dewar said in a statement. “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.”
Phelps will report to interim NASCAR chairman and CEO Jim France.
“We couldn’t be more thrilled to have Steve Phelps as our leader,” said France. “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.”
Promoted to the role of chief operating officer earlier this year, Phelps joined NASCAR in 2005. He is credited with playing a vital role in some of the sport’s most significant initiatives such as partnership agreements with Coca-Cola, Monster Energy, Comcast and Camping World. Phelps was also involved in the acquisition of NASCAR’s digital and social rights.
Prior to joining NASCAR, Phelps held senior leadership roles with the National Football League (NFL) and Wasserman Media Group.
“As a lifelong fan of NASCAR, the opportunity to provide league-wide leaderships is something I am looking forward to,” said Phelps. “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.”