UPDATE: NASCAR settles federal antitrust case, gives all its teams the permanent charters they wanted
Teams have argued for more than two years that their charters needed to be made permanent and revenue sharing had to change.
Motorsports
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How IndyCar, Fox each win in deal that gives media giant minority ownership
Executives, team officials and industry experts told IBJ they believe the Fox investment will help IndyCar better compete for fans in an increasingly crowded sports landscape.
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Keanu Reeves to host series focused on Fishers-based F1 racing team
Actor Keanu Reeves attended this this year’s edition of the Indianapolis 500 and he raced at Indianapolis Motor Speedway last fall.
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Alex Palou wins Indy 500 for fifth victory in six IndyCar races this season
Palou got tired of staying put in second place with 16 laps remaining and charged ahead—a move 2022 winner Marcus Ericsson said “will keep me up at night.”
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IBJ Podcast: Explaining the Indy 500 tumult, Team Penske scandal and firings, and what’s important
Longtime motorsports journalist John Oreovicz joins host Mason King to explain the relevance of the latest Team Penske controversy and the firings of three top executives just days before the Indy 500.
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Articles
NASCAR chairman Jim France stands firm on charter stance, citing parents’ advice
The federal lawsuit holds the potential to drastically reshape the way NASCAR operates and could have indirect impacts on IndyCar and the motorsports industry.
NASCAR chairman refuses to budge on team charters during Michael Jordan’s antitrust suit
The federal antitrust lawsuit holds the potential to drastically reshape the way NASCAR operates and could have indirect impacts on IndyCar and the motorsports industry.
Michael Jordan’s legal team races against time in antitrust trial against NASCAR
Jordan’s involvement in the court case has put a spotlight on NASCAR that it doesn’t want.
Cadillac F1 to make its pitch as U.S. team with Super Bowl ad
Fishers-based Cadillac F1 is timing the reveal in a bid to build a fan base ahead of the team’s inaugural race in Melbourne, Australia, in March.
Rahal Letterman Lanigan adds Mick Schumacher to IndyCar lineup
The son of seven-time world champion Michael Schumacher is leaving Formula 1 for IndyCar after 43 career starts in F1.
IMS, Gainbridge ink sponsorship extension for Indy 500
Gainbridge has been the presenting sponsor of the Indianapolis 500 since its 103rd running in 2019.
McLaren vs. Palou: A $20.7M lawsuit over broken promises and disappearing messages
The 2025 Indianapolis 500 winner has maintained his contracts with McLaren were “based on lies,” and he’d never have a chance to race in F1.
Kyle Kirkwood signs multi-year extension with Andretti Global after breakout season
Kirkwood is the only driver to win titles in all three IndyCar development series in consecutive years.
Colton Herta’s move to Formula 2 with Hitech brings him closer to Formula 1 dream
Because Herta does not have the super license required to compete in F1, he will switch from IndyCar to F2 this year to prep him for F1 while pursuing the license.
Apple inks 5-year US broadcasting deal with Formula 1
The deal with Apple was praised by Dan Towriss, CEO of Indianapolis-based TWG Motorsports and the Cadillac Formula 1 team that will debut next season.
Formula One driver Mick Schumacher returns to Indianapolis for IndyCar test
Mick Schumacher, the 26-year-old son of seven-time Formula 1 champion Michael Schumacher, may be looking for a fresh start after his once-promising career got derailed in Europe.
NASCAR teams urge settlement as trial looms for Michael Jordan’s antitrust suit against series
Teams have gone on record calling for both a settlement and the protection of the charter system that is at the heart of NASCAR’s business model and the focal point of the court fight.
Arrow McLaren seeking tax breaks on $30M headquarters project
Arrow McLaren expects to make a total investment of $30 million in its new home at 7615 Zionsville Road and is seeking city and state incentives to help reduce the cost of the project.
Cadillac F1 team announces multiyear partnership with Jim Beam
The deal follows a June announcement in which Tommy Hilfiger, an American fashion brand, was named the official apparel partner for the Fishers-based team that will debut on the Formula 1 grid in 2026.
Brittany Force, ‘Queen of Speed,’ to retire after record-breaking season
Force set the new NHRA Top Fuel world speed record last weekend at the U.S. Nationals in Indianapolis. Now she’s ready to focus on starting a family.
Will Power lands at Andretti Global after parting ways with Team Penske
Power closed the door on his 17-year career with Team Penske with the announcement Wednesday that he will replace Colton Herta at Andretti Global.
Colton Herta named test driver for Cadillac Formula 1 team
Herta will not compete in IndyCar in 2026, and the racing plans for next season for the 25-year-old will be announced at a later date.
Will Power out at Penske: Team confirms Australian will not return for 18th season
Power, 44, won two IndyCar titles and the Indianapolis 500 for Roger Penske. He ranks fourth all-time in IndyCar victories.
Why Cadillac F1’s American dream doesn’t include an American driver
Fishers-based Cadillac F1 was pitched as an all-American project: American driver, American team, American car and an American engine. But its inaugural lineup includes only international drivers.