P1racenews AI automatic summary:
IndyCar Series team owners will have a new opportunity to review and possibly agree to move forward with a new charter system that series’ owner Penske Entertainment has been developing for the las…
IndyCar Series team owners will have the opportunity to review a new charter system developed by series owner Penske Entertainment over the past six months. Despite an unsuccessful attempt in 2023, improvements have been made to increase the chances of approval from the 10 full-time teams. The 25 charter entries will have guaranteed starting positions at every race except for the Indianapolis 500, based on results of the entrants’ championship. Each team is limited to three charters, with no guarantees for extra cars in the system. Penske Entertainment will retain ownership of the charters, with teams allowed to sell the rights under approval and certain conditions. This setup provides better control and structure for the IndyCar Series but maintains oversight by Penske Entertainment.
