P1racenews AI automatic summary:
Credit Roger Penske and the Penske Entertainment organization for the size and stability that underpins the vast IndyCar grid. After weathering the financial ravages of COVID, the series owned by P…
Roger Penske and the Penske Entertainment organization deserve credit for the growth and stability of the vast IndyCar grid. The series, owned by Penske, has shown resilience post-COVID, boasting 27 full-time entries for the current season—setting a modern consecutive seasons record. The trajectory suggests a potential increase to 29 or more entries by 2025, bringing both opportunities and challenges for the series to manage its expansion efficiently. The relatively lower budget requirement for fielding an IndyCar entry has attracted more interest from teams compared to other top-tier racing series. Despite a rise in average operating budgets, interest in IndyCar remains strong as new teams like Abel Motorsports Indy NXT, Pratt & Miller Motorsports, and PREMA Racing eye full-time entry into the series. Chevy and Honda’s engine contributions to support the growing field indicate Chevy might play a significant role in backing new teams. These developments point towards an exciting period of growth and competition for IndyCar in the coming years.
