Summary
Steve Phelps, the Commissioner of NASCAR, has announced his resignation following a federal antitrust trial. His resignation comes after controversial texts he sent during revenue-sharing talks were revealed. Phelps will leave his position at the end of January after being with NASCAR for over 20 years.
Key Facts
- Steve Phelps is stepping down as NASCAR Commissioner at the end of January.
- His resignation follows a federal antitrust trial where his private texts were exposed.
- Phelps had described a Hall of Fame team owner using offensive language in these texts.
- He became the first Commissioner of NASCAR last season.
- Prior to his NASCAR role, Phelps was connected with the NFL.
- NASCAR settled a lawsuit with 23XI Racing and Front Row Motorsports shortly after the trial.
- Phelps plans to explore new opportunities in sports and other fields.
- He expressed gratitude to the France family, NASCAR's founders, for his career opportunities.
