Chelsey Stewart Named CEO of Resolute Racing
*FOR IMMEDIATE RELEASE**
Resolute Racing Announces Leadership Transition
MIDWAY, KY, November 03, 2025 -- John Stewart, Owner and CEO of Resolute Racing, is
pleased to announce that Chelsey Stone Stewart, currently the Chief Operating Officer of
Resolute Racing, will assume the role of CEO effective immediately. Chelsey Stone
Stewart is the wife of John Stewart.
“I am honored to share that Chelsey will be taking over the role of CEO of Resolute
Racing,” said John. “From the outset, she has been deeply involved and instrumental in the
success of our operations, originally as Director of Breeding and Bloodstock and more
recently as COO. Chelsey is one of the rising stars in the horse racing industry. Chelsey has
proven to be both an exceptional horsewoman and a strong organizational leader.”
John Stewart, who launched the private equity firm MiddleGround Capital in 2018, where
he serves as the Managing Partner and Chief Investment Officer, has over $4 billion of
assets under management. John noted, “my primary focus has always been on managing
MiddleGround Capital (“MGC”) and the investments managed by its various fund(s). I
remain very focused on the day to day operations of MGC and do not see myself stepping
back from my responsibilities in the near future. This change in roles at Resolute is meant
to clarify the role Chelsey has served since inception. My role is limited to supporting and
advising her and the team on strategic direction and decisions.”
Resolute Racing is a family-owned business, with John’s children, Andrew and Sarah, also
stepping into leadership roles alongside Chelsey. John’s ongoing role will be limited to
supporting the senior team with strategic initiatives and direction.
The Resolute farm team of more than 50 employees consists of a skilled group of industry
veterans who oversee Resolute Farm’s breeding operation. Earlier this year, Chelsey began
collaborating with Bradley Weisbord and Liz Crow’s BSW/Crow team, which also includes
Jake Memolo and Katelyn Jackson, to manage Resolute’s racing operations.
The Stewart family is deeply committed to a long-term investment in the thoroughbred
horse racing industry. The family previously announced the acquisition of more than 450
acres with plans underway for an expansion of their Midway farm, which will feature astate-of-the-art French-style turf gallop training center and a dedicated area for retired and
rescue horses.
The farm expects to begin hiring a team to manage the operations and oversee the
construction of these new facilities later this year.
The thoroughbred industry plays a crucial role in the economic future of Kentucky, and
John and his family take pride in his family’s involvement and investment in the industry.
**For further information, please contact:**
Sarah Stewart
Director of Marketing
Sarah@resracing.com
**END**