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Team Penske is working on a contract extension that would keep Josef Newgarden in the No. 2 Chevy after his current contract expires at the end of this year. “I think we are making good progress,” …
Team Penske is negotiating a contract extension to keep Josef Newgarden in the No. 2 Chevy beyond the current year. Tim Cindric, the president of Team Penske, has expressed optimism regarding the progress of the negotiations. Since joining Penske in 2017, Newgarden has achieved great success in IndyCar, winning championships in 2017 and 2019, as well as the Indianapolis 500 in 2023. Despite exploring free agency for better compensation, Newgarden is likely to remain with Team Penske in 2025. Whether the extension with the Cindric-led team will be for one or multiple years is still unclear. A recent disqualification has affected Newgarden’s standing in the championship, dropping him from first place to 11th ahead of the upcoming race at Barber Motorsports Park.
