Jim France, the majority owner of NASCAR, is stepping down as CEO, a position he has held since 2019. He will be succeeded by Steve O'Donnell, marking a historic shift as O'Donnell becomes the first individual outside the France family to lead the organization. France will continue to serve as chairman, maintaining his majority ownership stake. This leadership change comes on the heels of a tumultuous period for NASCAR, including a high-profile anti-trust lawsuit related to revenue-sharing agreements. France's testimony during the trial raised concerns about his ability to handle the pressures of leadership, while NASCAR's former commissioner, Steve Phelps, resigned earlier this year amidst controversy. Ben Kennedy, the great-nephew of Jim France, will be promoted to chief operating officer, further solidifying the family's influence within the organization despite the leadership change.