Doug Boles Announced as New President of IndyCar

Doug Boles has been promoted to president of both the IndyCar Series and Indianapolis Motor Speedway, succeeding Jay Frye, Penske Entertainment announced ahead of the race circuit’s 2025 season, which begins next month.

Boles has been president of Indianapolis Motor Speedway since 2013, including the sellout of the 100th Indianapolis 500, the first full-capacity crowd in the event’s history. Boles was previously a founding partner and chief operating officer at Panther Racing, where he helped lead the team to 15 series race wins and two series championships.

“Doug is the ideal choice to lead both IndyCar and IMS as we enter a new era of opportunity and visibility,” said Mark Miles, Penske Entertainment president and chief executive officer. “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 report to Miles in both his role at IndyCar and as IMS president. The 2025 season launches March 2 with the Firestone Grand Prix of St. Petersburg.

“Racing is in my DNA and no form of racing resonates more personally and strongly with me than the NTT IndyCar Series,” Boles said. “I’m honored to lead the amazing team at IndyCar and I truly believe the future is bigger and brighter than ever for our sport and the Indianapolis Motor Speedway.”

Frye departs the organization following 10 years in the role. His tenure secured series sponsorships with Verizon and NTT, the development of the AK18 universal aero kit and development and implementation of the total driver cockpit safety solution aeroscreen.

“It has been an absolute honor and privilege to be the president of IndyCar and work alongside the dedicated and talented men and women at IndyCar and in the IndyCar paddock,” Frye said. “The growth and success the series has had over the last 10 years would not be possible without the commitment and collaboration of the owners, drivers and teams.”

Penske also promoted Mark Sibla to senior vice president of IndyCar competition and operations. Kyle Novak will become IndyCar’s vice president of officiating and race control, Alex Damron has been named IndyCar chief marketing officer and Louis Kissinger was promoted to general manager of Indianapolis Motor Speedway operations.