Carpenter to take sole ownership of IndyCar team

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Ed Carpenter will retake sole ownership of his IndyCar team this season.

He announced Thursday that the team he co-owned with former driver Sarah Fisher and oil company owner Wink Hartman will be renamed Ed Carpenter Racing. Last season, the Indianapolis-based team was known as CFH Racing.

Fisher will focus on running her new business, Speedway Indoor Karting, which is expected to open this spring near Indianapolis Motor Speedway. The longtime fixture at IndyCar races will continue to help Carpenter's team work with current sponsors and find new ones.

Hartman will continue running Hartman Oil, which is based in Wichita, Kansas.

Josef Newgarden, an emerging American star, will drive full-time for the team.

Carpenter will drive the team's second car on ovals. He's searching for another driver to compete on street and road courses.

Carpenter and Fisher merged their IndyCar teams before the 2015 season.

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