To thrive as a VP Racing, you need expertise in motorsports management, strategic planning, and business development, typically supported by substantial industry experience and often a relevant degree. Familiarity with racing regulations, motorsport analytics software, and budget management tools is essential in this role. Exceptional leadership, negotiation abilities, and communication skills are valuable for guiding teams and managing sponsor relationships. These competencies enable the VP Racing to drive competitive performance, secure sponsorships, and ensure the overall success of the racing organization's goals.