Team Penske continued its reshuffling of leadership positions on Tuesday, naming Indianapolis Motor Speedway President Doug Boles in the same position at IndyCar, replacing Jay Frye. Frye is out of the organization after 10 years as IndyCar president.

Alex Damron has been named Chief Marketing Officer, IndyCar, while also continuing as Vice President of Corporate Communications for Penske Entertainment. Penske Entertainment has promoted Indianapolis Motor Speedway President Doug Boles to the top spot at IndyCar.

Doug Boles has led IMS and the Indy 500 to levels of success it hasn't seen since the 1990s, he'll not get a chance to do the same for IndyCar