NASCAR CEO Steve O’Donnell talks growth opportunities, possible international expansion

by | Sep 21, 2026 | Business

NASCAR CEO Steve O’Donnell talks growth opportunities, possible international expansion

NASCAR leadership has identified multiple growth avenues as the racing organization seeks to expand its audience and global footprint. Chief Executive Officer Steve O’Donnell outlined the company’s recent progress in reaching younger demographics through digital and streaming platforms, citing the breadth of distribution partners as beneficial for audience accessibility. The sport’s content is accessible across Fox, NBC, USA Network, TNT Sports, and Amazon Prime Video under seven-year media rights agreements valued at approximately $7.7 billion.

Entertainment partnerships represent another expansion strategy for the organization. The upcoming “Days of Thunder 2” film, set for release in summer 2028, will reunite actor Tom Cruise in his role as a NASCAR driver, with Anne Hathaway joining the cast. O’Donnell described Cruise’s recent visit to NASCAR headquarters in Daytona Beach, Florida, as enthusiastic and noted the actor’s commitment to introducing the sport to new audiences through the Paramount production. The strategy mirrors recent successes in the racing entertainment space, including Netflix’s “Drive to Survive” documentary series and Apple’s “F1” film, which became the latter company’s highest-grossing film.

O’Donnell also confirmed the organization is actively exploring international expansion opportunities. While NASCAR currently operates racing events only in the U.S. and Mexico, leadership is evaluating potential locations for future international races. However, O’Donnell emphasized that brand development must precede any geographic expansion, stating the organization aims to establish cultural presence rather than simply relocating events to new markets. The CEO, who assumed the position in April, became the first leader to head the organization from outside its founding family.

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