Gelov Grows Empire: Entrepreneur Invests in Ed Carpenter Racing

Gelov Grows Empire: Entrepreneur Invests in Ed Carpenter Racing

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Ed Carpenter has taken a significant step in strengthening his team’s financial future with the addition of Ted Gelov, the owner of Heartland Food Products Group, as co-owner of the Ed Carpenter Ra…

Ed Carpenter Racing has enhanced its financial stability by making Ted Gelov, owner of Heartland Food Products Group, a co-owner of the team, further solidifying its future in the NTT IndyCar Series. The team struggled with budget constraints in recent years, notably running without primary sponsorship for the majority of the 2024 season in the No. 21 Chevy formerly driven by Rinus VeeKay. Gelov’s Splenda and Java House brands will be prominently featured on the team’s cars in the 2025 season. Ed Carpenter expressed enthusiasm for the partnership, citing Gelov as a strong business ally and a like-minded supporter of ECR’s pursuit of excellence both on and off the track. Gelov, sharing ECR’s Indiana roots and commitment to the community, is eager to contribute to the team’s success and help them achieve their goal of podium finishes and race wins. The team is set to announce its driver lineup soon, with anticipation building for another competitive season ahead.

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