Negotiations on a new revenue-sharing model have deteriorated, but The teams do not want to create a breakaway series of their own, citing the demise of CART when Tony George took the Indianapolis 500 away and formed a rival league.
This year’s Indy 500 would be Sato’s 15th appearance in the race and sixth with Zionsville-based RLL.
The junk email revelation came Friday as Indianapolis-based Andretti Global sought to clarify two points in the sharply critical document F1 released earlier this week in rejecting the Andretti Cadillac application for entry into the racing series.
If Andretti Acquisition Corp.’s shareholders approve the merger, the deal is expected to close shortly after the vote, and shares of the combined company will begin trading on the New York Stock Exchange.
F1 is only interested in allowing Indianapolis-based Andretti Global in when General Motors has an engine built for competition. Had Andretti received approval for a new team, it would have had to use another manufacturer’s engine until 2028.
The rebranding of the AlphaTauri Formula One Team to represent its new corporate sponsor has enraged race fans.
Gil de Ferran, the 2003 Indianapolis 500 winner and holder of the closed-course land speed record, died Friday while racing with his son at The Concourse Club in Florida.
Palou and Chip Ganassi Racing have agreed to a multi-year partnership with logistics company DHL to sponsor the No. 10 Honda car.
In this week’s edition of the IBJ Podcast, Lucas recounts what it was like growing up with hard-charging entrepreneurs as parents, the value of sponsoring Lucas Oil Stadium, and the decision to relocate the firm’s HQ from California to Indianapolis.
Pruett, who has 12 career Top Fuel victories, will step away from the NHRA drag racing series in 2024 to focus on starting a family with Stewart.
The admission came in Alex Palou’s response to a lawsuit filed against him by McLaren Racing in September seeking to recoup at least $23 million in losses the team calculated Palou’s reversal cost the organization.
General Motors said Tuesday it has registered with Formula One’s governing body to become an engine supplier starting in 2028 in what is seen as a huge boost to Michael Andretti’s bid to join the global motorsports series.
General Motors plans to send a small group of executives to next week’s Las Vegas Grand Prix in hopes of jump-starting conversations with F1 and series owner Liberty Media about the Andretti application.
Romain Grosjean was hired to replace Callum Ilott, who was abruptly sacked last week. Grosjean will begin his fourth season in IndyCar with a third team.
The total economic impact of $1.058 billion found by the months-long study is more than double the figure calculated in a similar study in 2013.
Indianapolis Motor Speedway reverted to its original purpose Thursday—serving as a test track for new automobile technology. The lessons learned about IndyCar’s new hybrid cars could reverberate throughout next season.
Former Formula One driver Romain Grosjean said Wednesday he is pursuing arbitration against Andretti Global because the team is not bringing him back for a third season in the IndyCar Series.
The lawsuit is the latest twist in an ugly spat involving the talented young driver and two teams: McLaren and Chip Ganassi Racing.
Indianapolis-based Andretti Global and partner Cadillac must still prove their commercial value to F1 rights holder Liberty Media and the existing teams, which vehemently oppose expanding the 20-car grid.
NASCAR raced on the Indianapolis Motor Speedway oval from 1994 through 2020, but moved to the 2.439-mile road course the last three seasons as part of a shared weekend with the IndyCar Series.
