Revolutionary Hybrid Technology: Paving the Way for a New Era in IndyCar Racing

Revolutionary Hybrid Technology: Paving the Way for a New Era in IndyCar Racing

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Mark Miles, President and CEO of Penske Entertainment Corp., has stated his belief that a successful implementation of IndyCar’s hybrid

lot of data, and if that hybrid system is really as good as has been promised and looks like delivering the improvements that we’ve all been talking about, then there might be a sense in having some real parity among newcomers. That’s what I would be thinking about if I were them.”Miles also mentioned that discussions with potential third manufacturers have taken place and he remains hopeful that once the hybrid system proves to be successful, it will attract the interest of other engine manufacturers.”We’ve had discussions and we have assessments of the situation with the people in the industry. And some are on the record, some are off the record. I don’t want to take names out there… but I think they’re curious. I think that they’re interested in our outcome with the hybrids. And so most, I would say, are saying let’s wait and see what happens with the hybrids, but we’re gonna be in conversations with them to make sure that they fully understand what the particular opportunities are gonna be for them.” He added, “I think we’ll be back here probably six months from now talking about what our progress does, and what it might mean for us finding a third OEM. I think it’s a great prospect.”

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