Megan Foster will lead the Shell V-Power Racing Team into a new era by assuming the CEO role from former AFL coach David Noble.
Bringing experience from large brands including Viva Energy, MYER, Unilever and Bapcor, Foster will work closely with new team principal Mark Fenning.
The opportunity to join one of Australia’s oldest and most successful race team was too good to refuse for Foster.
“I am thrilled to be joining the Shell V-Power Racing Team and to soon be contributing to the amazing legacy this team has delivered within Australian motorsport since 1980 when Dick Johnson Racing was founded,” Foster said.
“To be working again with Dick, Brett and Shaun (Ralph) and Ryan, along with the entire Shell V-Power Racing Team is a real honour.
“I’ve had the privilege of working with some great organisations in my career, including Viva Energy, with the Shell brand being such a big part of the history at Dick Johnson Racing. The opportunity to re-join the DJR family, help drive the organisation forward and fight for Championships is one I am really excited for.
“I cannot wait to get to the Stapylton workshop in 2026, get to know our talented staff further and meet our loyal fans and broader partner network.”
Executive chairman Dr Ryan Story AM is excited to welcome Foster following an extensive search for Noble’s replacement.
Many of us have been lucky enough to know Megan for some time, particularly given her previous role with our naming rights partner, Viva Energy. We know exactly what she can bring to this role and we’re absolutely rapt to be confirming this appointment,” Dr Story said.
“As we worked through an extensive and thorough process to find the next CEO, Megan was the clear standout candidate given her wide ranging experience and understanding of the Shell V-Power Racing Team brand.
“Following the recently confirmed changes to our driver line up and our team management, we know we now have the structure in place to do something special in 2026 and beyond. We’ve made no secret about our ambitions moving forward. We’re here to win Championships and appointments like this show how hard we’re pushing to ensure we recruit the best talent to deliver big wins on and off track.”
Racing great and team co-owner Dick Johnson has welcomed Foster to his eponymous squad.
“I’ve known Megan for many years now and I am over the moon to have her coming on board as our next CEO,” Johnson said.
“My mate Wayne Cattach was one of those who also made the move from the Viva Energy family to DJR, and he ended up in the Supercars Hall of Fame. We all know the calibre of people Viva recruits, so we know that Megan will get things done and will lead our organisation to new heights and strong performances across all our departments.”
Previous CEO Noble was in the job for three years, with the Shell V-Power Racing Team going through significant changes in terms of ownership and regulations.
Co-owner Brett Ralph believes Foster is the perfect fit for the squad at this time.
“It’s been an honour getting to spend time with Megan recently and hear about her ambitions for this proud organisation,” Ralph said.
“Her experience and strategic expertise will benefit the Shell V-Power Racing Team significantly and allow us to grow, prosper and deliver exciting new initiatives to the Repco Supercars Championship.”