The new Fishers-based Cadillac F1 team officially announced its arrival over the weekend at a glitzy South Beach extravaganza packed with industry executives and influencers.
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The $64 million overhaul includes adding 40,000 feet to the museum’s footprint.
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The 23-year-old has spent the last four years in NASCAR competing in both the Truck Series and the Xfinity Series. She’s never won at NASCAR’s national level.
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Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization while Andretti will stay on as a strategic adviser of the team he has led since 2002.
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Larson has been waiting for a second chance at “the Double”—driving in the Indianapolis 500 and the Coca-Cola 600 in Charlotte, North Carolina—after last year’s weather put a damper on his plans.
In addition, the museum announced this week that it has acquired 14 race cars from Chip Ganassi Racing, including five Indianapolis 500 winners.
After a delay of nearly three hours at Indianapolis Motor Speedway, four newcomers passed the rookie-orientation program, while each veteran who needed the refresher course was cleared.
The former NFL tight end will serve as the grand marshal for the “Snake Pit,” the infield party that takes place during “The Greatest Spectacle in Racing.”
The track was owned by Andy O’Gara and his wife, Indy 500 driver Sarah (Fisher) O’Gara, who bought the raceway in 2018.
The company, which has two Indianapolis 500 wins under its belt, plans to invest $2.1 million in upgrading the new facility.
The new Cadillac Formula One team that will be headquartered in Fishers could bring with it more opportunities for high-tech companies to take root in the city that has made the business of technology a focus for more than a decade.
Cadillac F1, owned by General Motors and Indianapolis-based TWG Motorsports, anticipates being distinctively American, with the possibility of IndyCar driver Colton Herta in the two-car lineup.
The team expects the 240,000-square-foot building at 8278 Georgetown Road will be operational for Andretti Global this summer.
IndyCar is set to enter a new era with broadcast partner Fox Sports, which takes over the television rights after the series spent 16 years with NBC Sports.
The group that owns Cadillac Formula 1 officially launched TWG Motorsports on Tuesday in Indianapolis as the division responsible for its rapidly growing motorsports portfolio.
The nonprofit museum partnered with Ontario-based RM Sothebys to sell some of its most valuable cars with the goal of raising $100 million for its endowment.
Deegan will drive this year for Brownsburg-based HMD Motorsports in Indy NXT, which is IndyCar’s top development series.
McLaren Racing CEO Zak Brown clearly has put careful thought into an expansion plan and is eyeing entry into the World Endurance Championship in 2027.
Despite the uncertainty of what comes next when he returns to California, Bell is upbeat about his new role with IndyCar coverage for Fox Sports and racing again for the first time in three years.
Power now has someone to negotiate both a new IndyCar contract as well as potential races outside the series.
Lowdon has been advising the effort the last two years as Michael Andretti tried to get an Andretti Global entry with General Motors accepted into F1.
Two longtime NASCAR executives were introduced at Indianapolis-based Andretti Global on Wednesday as part of a company restructuring.
Arrow McLaren said it will rely on a handful of leadership additions, including former Indianapolis 500 winner Tony Kanaan and former IndyCar race director Brian Barnhart.
Two NASCAR teams—one of them owned by Michael Jordan—filed a federal antitrust lawsuit against the stock car series and chairman Jim France on Wednesday, claiming the new charter system limits competition.
