INDYCAR names Jay Frye, Rod Davis to new leadership roles

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INDYCAR has announced two leadership role changes on Thursday.

Jay Frye, who had served as chief revenue officer of Hulman Motorsports, will take over Derrick Walker’s old role as president of competition and operations.

Rod Davis will take over Frye’s position; Davis has served in several senior executive roles with various sports organizations.

The full release from INDYCAR is below, with a teleconference to follow at the top of the hour.

Hulman & Company CEO Mark Miles announced today that widely respected motorsports industry veteran Jay Frye has been named 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 organization’s strategic vision,” said Miles. “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 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. 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 10 employees and ultimately reaching 200. He won four NASCAR Cup races as a team manager.

Two longtime 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 Roger Penske, owner of Penske Racing. “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 Frye brings an exceptional resume, tireless work ethic and proven ability to produce results to his new role with INDYCAR,” said Chip Ganassi, owner of Chip Ganassi Racing. “During our years competing against each other in NASCAR, I witnessed firsthand Jay’s ability to successfully run a top-notch organization. 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 $100 million 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,” said Miles. “His proven
ability to build mutually beneficial relationships with leading Fortune 500 companies will pay dividends
for both IMS and the Verizon IndyCar Series.”

“Hulman Motorsports has hired one of the most creative minds and effective fundraisers and marketers in the sports industry,” said University of Notre Dame Athletic Director Jack Swarbrick. “Rod’s track record with a host of major sports properties over many years suggests that he will have an overwhelmingly positive impact on the future of both IMS and INDYCAR.”

“Rod Davis is a proven leader in sales and sponsor relations who understands the sports business and knows how to effectively build partnerships between sports properties and private sector companies,” added USA Swimming Executive Director Chuck Wielgus.

Max Verstappen is PointsBet favorite to score sixth staight in 2022 Singapore Grand Prix

PointsBet 2022 Singapore odds
Mark Thompson / Getty Images
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Max Verstappen is the PointsBet Sportsbook odds favorite to win the 2022 Singapore Grand Prix on the Marina Bay Street course to stretch his current win streak to six consecutive. He shows odds of -200 this week.

Formula 1 did not compete in Singapore in 2020 or 2021 due to the COVID-19 pandemic, but Verstappen has podium finishes in his last two attempts on this track. he was second in 2018 and third in 2019. In the first 15 races of this season, he has failed to stand on the podium only twice and has an average finish of 2.73.

With minus odds, the way to determine a payout is by subtraction. In order for a bettor to earn $100, he must wager $200 this week; with that wager, he will get back his initial stake and winnings of $100.

For bettors more comfortable with fractional odds, a bet of +300 is the same as 3/1.

Charles Leclerc is ranked second this week with +400 odds. He has two previous Singapore GP starts to his credit with a best of second in 2019. He is coming off back-to-back podium finishes with a third in the Dutch GP and a second at Monza.

Ranked third is Carlos Sainz, Jr. with a line of +1100. He has top-five finishes in four of his last five starts, but only one of these, a third in the Belgian GP, was on the podium. Sainz is one of four winners other than Verstappen this season. His victory came in the British GP.

Lewis Hamilton shows a line of +1200. His last win came last fall in the Saudi Arabian GP and the Mercedes team has struggled to contend for victory in 2022. They are improving, however, with eight top-fives in the last nine races. Hamilton has two wins in his last three Singapore starts, which came in 2017 and 2018.

Rounding out the top five is Hamilton’s teammate George Russell at +1800. He has not won, but has shown remarkable consistency with top-fives in all but one race. Notably, his only bad finish came in his home GP in England. Russell has one previous start at Marina Bay; he finished last in the 2019 race. He finished fourth in 2019 as part of a four-race streak of top-fives.

The most recent Singapore GP winner from 2019, Sebastian Vettel is a longshot at +50000.

PointsBet is our Official Sports Betting Partner, and we may receive compensation if you place a bet on PointsBet for the first time after clicking our links.

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