The deal includes a pay raise, a McLaren for O’Ward’s personal use and potential opportunities for the 23-year-old with McLaren’s Formula One team.
IndyCar drivers are among the growing number of athletes getting deep in the crypto game. The shift to cryptocurrency sponsorship might still be a curious concept to the almost 300,000 fans at Sunday’s Indianapolis 500. But new forms of digital money help pay the bills and salaries for teams and athletes.
Shell, which recently signed a five-year extension to be the fuel sponsor for the open-wheel series, announced plans Friday to switch to a low-carbon fuel in 2023.
High inflation appears to be forcing consumers, on average, to save less. The savings rate fell to 4.4% last month, the lowest level since 2008.
To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country.
The American labor shortage that has hit restaurants, factories and other industries also is becoming a concern in Gasoline Alley, where crew members and engineers are in short supply.
The U.S. Justice Department said Thursday it will not pursue criminal charges against former FBI agents who failed to quickly open an investigation of sports doctor Larry Nassar despite learning in 2015 that he was accused of sexually assaulting female gymnasts.
Indianapolis-based USA Gymnastics is turning to two of its most-decorated athletes to help guide its women’s elite program.
Roger Penske signed the extension with Shell-Pennzoil on Thursday that covers Team Penske, IndyCar, Indianapolis Motor Speedway and most of Penske’s portfolio.
Despite a nationwide surge in COVID-19 cases, deaths from the virus have remained largely stable over the past eight weeks.
Last year’s leap for median pay of S&P 500 CEOs was the biggest since a 23.9% surge for 2010 compensation packages, according to the data analyzed by Equilar.
With the perceived value of tech companies on the decline, at least for now, more buyouts could be on the way with targeted companies appearing relatively cheap.
Locals don’t need studies to reinforce what they already know—this month is revving up to be the best fiscal May since the 100th running of the race in 2016.
Roger Penske will at last be able to open the Indianapolis Motor Speedway to a capacity crowd this Sunday for his first true Indianapolis 500 since buying the property in 2020.
Indiana Gov. Eric Holcomb said Wednesday he was preparing a plan to potentially tap into the growing state budget surplus to help residents with the national inflation jump.
The nonpartisan agency expects the consumer price index to rise 6.1% this year and 3.1% in 2023, above a long-term baseline of 2.3%.
Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high.
The FDA and President Joe Biden face mounting political pressure to explain why they didn’t intervene sooner to head off the supply crisis.
The Indianapolis 500 will be presented by Gainbridge for the next several years under a contract extension announced Wednesday with the online investment platform.
Marianne Stanley brought a Hall of Fame resume to the Fever bench, but her teams won just 14 games in a little more than two seasons.