P1racenews AI automatic summary:
IndyCar’s long-awaited charter system has been officially rubber-stamped from 2025 onwards, limiting teams to three ‘guaranteed’ entries but preserving bumping for the Indianapolis 500
IndyCar’s charter system, set to take effect from 2025, will limit teams to three guaranteed entries while maintaining bumping at the Indianapolis 500. The decision follows NASCAR’s lead in instituting franchised entries, with CEO Mark Miles expressing gratitude to team owners for their input. All ten established teams have received chartered entries, with Prema joining as an 11th full-season team. Chartered entries will secure spots at 16 of IndyCar’s 17 races next year, with the Indy 500 maintaining its unique qualifying challenge. The charter system, set to run through 2031, is seen as pivotal for the future of IndyCar racing by team leaders like Mike Shank and Chip Ganassi.
