The Shell V-Power Racing Team (Dick Johnson Racing) is delighted to confirm Megan Foster as its new Chief Executive Officer.
Foster brings high-level corporate experience across some of Australia’s largest brands, including Viva Energy (Shell licensee in Australia), MYER and Unilever.
Currently Executive Manager at Bapcor, leading the Autobarn, Autopro and Midas Retail businesses, Foster joins Shell V-Power Racing Team in an exciting period of change on the back of the confirmation of a strong, new driver line up in 2026 and further adjustments to the team’s management.
Her experience across brands with a large motorsport footprint also allows her to bring that experience and industry knowledge to Shell V-Power Racing Team.
Foster’s experience across retail and high-profile brands will allow the team the opportunity to further enhance its already strong partner network and grow its commercial footprint through new revenue opportunities, while overseeing the performance of the race team alongside newly appointed Team Principal Mark Fenning.
Shell V-Power Racing Team Executive Chairman Dr Ryan Story AM welcomed Foster to the organisation following a competitive recruitment process.
“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.”
Shell V-Power Racing Team co-owner Dick Johnson AM echoed Dr Story’s sentiments.
“I’ve known Megan for many years now and 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.”
Co-owner Brett Ralph welcomed Foster to the team, highlighting her broad experience and expertise.
“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.”
For Foster, the opportunity to join the Shell V-Power Racing Team family was an opportunity too good to refuse.
“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.”
Foster has previously also held Board positions at Liberty Oil Convenience and Sass and Bide, while also having significant senior executive experience with big name brands including Bapcor, Viva Energy, Queensland Investment Corporation (QIC), Woolworths and MYER.
From a charitable perspective Megan is a long serving passionate supporter and cyclist for Tour de Cure, raising money to fund cancer research.
Foster will officially start at the Shell V-Power Racing Team on Monday, 2 February 2026.
