IndyCar »

Frye named as Derrick Walker successor

Jay Frye will take up the reins left by erstwhile IndyCar president of competition and operations Derrick Walker, having been appointed to the role with immediate effect.

Hulman & Company CEO Mark Miles has announced that widely-respected motorsports industry veteran Jay Frye has been named as the new president of competition and operations for IndyCar.

Frye previously served as chief revenue officer for Hulman Motorsports after decades of experience leading successful NASCAR racing teams and securing industry first sponsorships.

"Jay Frye's resume is perfectly aligned with our organisation's strategic vision," Miles said, "He has both series and team experience, having successfully transformed and led Red Bull Racing and MB2 Motorsports before joining Hulman Motorsports. As our new president of competition and operations, he is ready to ensure the Verizon IndyCar Series continues to present great racing."

Frye first arrived at Hulman Motorsports after revamping Red Bull Racing into a competitive team that earned a berth in the 2009 NASCAR Chase. He also built MB2 Motorsports from the ground up, beginning with just ten employees before ultimately reaching 200. He also won four NASCAR Cup races as a team manager.

Frye will be responsible for all operations, competition and technical matters for IndyCar. He will report to Miles who, as CEO of the parent of IndyCar and Indianapolis Motor Speedway, will set strategy and oversee all aspects of the series.

Two long-time Verizon IndyCar Series and NASCAR team owners know all too well how difficult it is to compete against Frye and heaped praise upon today's announcement.

"Jay Frye's vast understanding of our industry's entire field of play, developed most especially through his strong work in NASCAR, makes him uniquely prepared for this new opportunity," said team owner Roger Penske, "He understands our technical and competition issues and he will develop solutions that work for fans, teams and the series. As the new president of competition and operations, he is prepared to ensure IndyCar's positive momentum keeps moving forward."

"Jay brings an exceptional resume, tireless work ethic and proven ability to produce results to his new role with IndyCar," agreed rival Chip Ganassi, "During our years competing against each other in NASCAR, I witnessed firsthand Jay's ability to successfully run a top-notch organisation. He's a proven leader and, as a team owner, I am excited to work with him as we embark upon a truly monumental season."

Taking over Frye's vacated position will be Rod Davis, formerly serving in senior executive roles with the Indiana Sports Corporation, USA Gymnastics, RCA Championships and USA Swimming. Throughout his career, Davis has secured nearly $100m in revenue through sponsorships, broadcast revenue and event fees while working with top global brands such as Panasonic, Coca-Cola, John Hancock, VISA and adidas. After founding Davis Sports Marketing a decade ago, he has represented leading organizations such as the NCAA, University of Notre Dame, Dale Earnhardt Inc. and USA Track & Field.

"As our new chief revenue officer, Rod Davis will successfully execute sponsorship deals already in the pipeline and find new partnerships to increase revenue and market share," Miles added, "His proven ability to build mutually beneficial relationships with leading Fortune 500 companies will pay dividends for both IMS and the Verizon IndyCar Series."

Related Pictures

Click on relevant pic to enlarge
Helio Castroneves leads the field down the frontstretch to start the Honda Indy Grand Prix of Alabama at Barber Motorsports Park on Sunday April 26 2015. (Photo by: Chris Jones for IndyCar Media)
Helio Castroneves 2017 Indy 500 practice
IMS Pagoda Indy 500
IndyCar 2018 aerokit render superspeedway
Jack Harvey feature
Jack Harvey
Jack Harvey feature image
Jack Harvey feature image
Jack Harvey feature image
Sebastien Bourdais
Max Chilton Indy 500 2017
Max Chilton Indy 500 2017
Scott Dixon [credit: IndyCar Series]
Scott Dixon Indy 500 qualifying
Fernando Alonso Indy 500 qualifying
James Davison
Sebastien Bourdais headshot
Ed Carpenter Indy 500 qualifying

Start the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.

© 1999 - 2017 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.