Dell spent two seasons with Racing as its first general manager.
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Louisville's general manager in Ryan Dell and head coach in Bev Yanez spoke to reporters Tuesday about the bombshell trade.
The club announced the move Friday and is now searching for a new head coach.
Racing Louisville FC lost 2-0 in its regular season finale to San Diego on Sunday at Snapdragon stadium.
Racing Louisville FC dropped a second straight match, but still advances to the NWSL Challenge Cup semifinals.
Racing Louisville FC's five-match unbeaten streak across all competitions ends on the road against the Courage.
The National Women's Soccer League has named Racing Louisville FC star Savannah DeMelo as its Player of the Month for May.
Racing Louisville FC beat the Chicago Red Stars 2-0 to make the club 2-0 in the NWSL Challenge Cup this season.