Despite IndyCar’s modest progress in recent years, it still faces significant obstacles, including the need for more corporate sponsorships, a broader fan base and higher TV ratings.
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A deal that will make Penske Corp. the owner of Indianapolis Motor Speedway and the IndyCar Series received overwhelmingly positive reactions from motorsports insiders on Monday morning.
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The England-based company plans to return to full-time IndyCar competition next season for the first time since 1979 in a partnership with existing team Arrow Schmidt Peterson Motorsports.
Read MoreRoger Penske, 82, is a fixture in the Detroit automotive scene and is one of America’s most successful businessmen. He celebrated his record 18th Indianapolis 500 victory as a car owner in May with driver Simon Pagenaud.
Read MorePopular auto racer James Hinchcliffe, who was abruptly ousted from his IndyCar team in October, has secured a corporate sponsorship that will allow him to drive in two races in May, including the Indy 500.
The NASCAR Xfinity Series—the second tier in professional stock-car racing—will run the race Saturday, July 4, on a road course that uses part of the historic speedway oval.
The abrupt sackings of four-time series champion Sebastien Bourdais and popular veteran James Hinchcliffe has made for an offseason of distasteful business decisions that has contributed to a rapidly changing landscape in a series trying to make a comeback.
Bill Simpson, a pioneer in motorsports safety credited with creating equipment that saved too many drivers to count from death or serious injury, died Monday. He was 79.
Mark Miles, who has led Hulman & Co. since 2012, said: “We have the opportunity now to try to take it to a whole other level. I’ve had no thought of doing anything else.”
The 110-year-old speedway is one of the most famous venues in sports and home of the Indianapolis 500, a showcase event with a long history.
Roger Penske—whose Penske Corp. is buying Hulman & Co. and its racing operations—said he’d also like to bring a third car manufacturer to IndyCar and maintain IMS’s relationship with NASCAR.
Arrow McLaren SP officially named Indy Lights champions Pato O’Ward and Oliver Askew as its drivers for 2020 on Wednesday, leaving popular IndyCar veteran James Hinchcliffe without a ride.
The late timing of the McLaren decision puts popular IndyCar driver James Hinchcliffe in a difficult position for finding a consistently competitive ride.
The vision for the series is very simple right now: Revisit what made racing Indy cars so very popular and get back to that model.
In recent years, the Brickyard 400 has seen dismal attendance, but track officials say better weather and more events should boost crowds at this year’s race.
John Force tied Ed “Ace” McCulloch for the most Funny Car wins in Indy history, powering his Camaro to a run of 3.919 seconds at 324.44 mph to beat Jack Beckman.
Pocono’s track has been questioned over its compatibility with IndyCar. A five-car crash occurred on the opening lap at the track last month. Justin Wilson was killed there in 2015 and Robert Wickens suffered a spinal cord injury last year when his car sailed into the fence.
Matt Breeden was chosen to oversee the SVRA’s day-to-day operations, including finances, event management and member relations.
Simon Pagenaud has been living in the United States long enough to know that in a time of revved-up partisanship, an invitation to the White House might come with some speed bumps. But the native of France didn’t hesitate to accept President Donald Trump's invitation.
The governor previously did not have authority to appoint anyone to the quasi-government agency, but that changed earlier this year in legislation that’s expected to keep the Indiana Pacers in town and fund the CIB for the next 25 years.
Alexander Rossi pocketed $759,159 for his second straight runner-up finish.
John Menard finally reached victory lane Sunday with owner Roger Penske and driver Simon Pagenaud, their car sponsored by Menard’s Midwest-based home improvement chain. Menard has been sponsoring cars at Indy since 1979.
NBC’s first broadcast of the Indy 500 earned a household rating of 3.43, the best for the race since the 100th running of the race earned a 4.1 rating in 2016.
Simon Pagenaud’s win gave team owner Roger Penske his 18th victory in his 50th year at the track.
