Revving Up Innovation: IndyCar Accelerates Towards Charter System Milestone Ahead of Iconic Indy 500

Revving Up Innovation: IndyCar Accelerates Towards Charter System Milestone Ahead of Iconic Indy 500

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IndyCar pushing to have charter system in place before Indy 500

Penske Entertainment President and CEO Mark Miles discussed introducing an IndyCar version of the NASCAR-like charter system with a group of reporters. NASCAR’s charter system, implemented in 2016, guarantees owners with a charter a spot in each race and more prize money. Miles revealed that recent meetings with IndyCar team owners aimed at developing this concept further. The goal is to finalize and implement the charter system before the upcoming Indy 500. While the timing isn’t solely focused on the Indy 500, ensuring charter members’ automatic starting positions is a crucial discussion point for team owners. Miles expressed a desire to reach a consensus on a charter system that benefits both teams and the IndyCar series as a whole.

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