Steve Newmark joined Roush Fenway Racing in early 2010 as senior vice president of business operations, and was appointed president in December 2010.
Prior to joining Roush Fenway, Newmark was a shareholder with Charlotte’s leading corporate law firm, Robinson Bradshaw & Hinson (RBH). During his tenure at RBH, Newmark was significantly involved in the motorsports industry. His practice included the representation of a broad spectrum of teams, drivers and sponsors at various levels of NASCAR. On the driver side, he has handled contractual matters on behalf of Dale Earnhardt Jr., Elliot Sadler, Jeff Gordon, and Dale Jarrett, among others. On the team front, Newmark worked with Richard Petty Motorsports, JR Motorsports, and Yates Racing and Evernham Motorsports.
Newmark also worked extensively with Roush Fenway before signing on to his new position. Most notably, he represented the championship team in the creation of a joint venture with New England Sports Ventures (the parent company of the Boston Red Sox, Fenway Park and New England Sports Network). This transaction solidified NASCAR’s largest team as a leader in the garage. Newmark’s representation was also instrumental in the sale of Team Caliber, a Roush Fenway subsidiary, to a joint venture between International Speedway Corporation and
Speedway Motorsports Corporation.
Newmark was named to the Charlotte Business Journal’s “40 under 40” in 2008 and was named
to Business North Carolina’s “Legal Elite” in the category of intellectual property in 2009.