Sponsoring something (or someone) is the act of supporting an event, activity, person, or organization financially or through the provision of products or services. The individual or group that provides the support, similar to a benefactor , is known as the sponsor .
89-621: The IndyCar Series , currently known as the NTT IndyCar Series under sponsorship , is the highest class of American open-wheel car racing in the United States, which has been conducted under the auspices of various sanctioning bodies since 1920 after two initial attempts in 1905 and 1916. The series is self-sanctioned by its parent company, IndyCar, LLC ., which began in 1996 as the Indy Racing League (IRL) and
178-437: A cognitive link between a brand (sponsor) and an event (sponsoree), leading to the formation of event-linked associations in memory. Consequently, thinking of the brand can evoke these associations, influencing consumer perceptions and behaviors. Cornwell, Weeks and Roy (2005) have published an extensive review of the theories so far used to explain commercial sponsorship effects. One of the most pervasive findings in sponsorship
267-408: A company's business objectives, finding the right contacts at a company, getting buy-in from multiple constituencies and finally negotiating benefits/price. Some sales can take up to a year and sellers report spending anywhere between 1–5 hours researching each company that is viewed as a potential prospect for sponsorship. These are the terms used by many sponsorship professionals, which refer to how
356-414: A consortium of ethanol producers that advocate the increased use of ethanol . EPIC was anxious to address public concerns of that era that ethanol use led to engine damage and poor performance when used in road cars. As a marketing effort, it was believed that sponsoring an IndyCar could be used as a tool to promote education and awareness of ethanol use and to curb the spread of erroneous information. Dana
445-406: A first-ever Dallara DW12 facelift. The kits, while increasing speeds and offering a clear distinction between the two manufacturers, did lead to significant cost increases. Further, Chevrolet's aero kit was the more dominant with Honda only able to mount a competitive charge on ovals due to having slightly better engine power. While Honda was able to make gains in 2016, after two years of development
534-628: A foot protection bulkhead, and cockpit padding. From the 2020 season onwards, the IndyCar Series implemented a cockpit protection system. This consists of a combination of the Halo mandated in Formula One and a reinforced windscreen dubbed the "aeroscreen", provided by Red Bull Advanced Technologies, to lessen the probability of traumatic head injuries from flying debris. All IndyCar Series cars carry an Electronic Control Unit. Live telemetry
623-524: A four-wide finish. In June 2013, it was announced that the series would be promoted by Andersen Promotions beginning in 2014 . with IndyCar sanctioning remaining. In August it was announced that Cooper Tire would replace Firestone as the official tire of the series in 2014. This resulted in all three levels of the Road to Indy leading up to the IndyCar Series being promoted by Andersen and feature Cooper tires, beginning in 2014. The Andersen team implemented
712-598: A modified 85B Formula 3000 chassis, renamed to Wildcat) from 1986 to 1992. In 1992 Lola became the primary chassis constructor to the series, using a modified F3000 chassis. In 1997, a newly updated and modern-looking chassis was introduced based on an F3000 design. It would remain through 2001. Buick V6 engines were used for its entire existence. The ARS/Indy Lights series' championship winners included two CART champions, two IndyCar Series champions, seven Champ Car World Series race-winners and two Formula One drivers. The Indy Lights schedule closely followed that of
801-536: A number of cost-reducing updates to the chassis and engine package in 2014 and introduced a new chassis and engine combination in 2015. On October 31, 2013, the series announced that Dallara would be the manufacturer of the fourth-generation Indy Lights chassis and it would be named the Dallara IL-15. On November 1, 2013 a new logo was unveiled for the Indy Lights series On November 26 it was announced that
890-428: A pneumatic clutch with semi-automatic activation, supplied by Xtrac Limited since the 2008 season. All current IndyCar transmissions use pneumatic actuation for the shifting and clutch, so the clutch is therefore only needed for launching the car from a standstill, and the clutch isn't required for gear shifting. From 1996 to 2007, all IndyCar Series cars used a hand-shifted 6-speed sequential manual transmission with
979-592: A practice crash. Riley & Scott produced IndyCar chassis from 1997 to 2000. Their initial effort, the Mark V, was introduced late in the 1997 season, severely limiting its potential market. It also proved to be uncompetitive. After Riley & Scott was purchased by Reynard, an all-new model, the Mark VII, was introduced for the 2000 season. It won in Phoenix, the second race of the season (driven by Buddy Lazier), but
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#17327805878071068-610: A series of safety concerns during practice for the 2015 Indianapolis 500 with the Chevrolet aero kit package, this did not come about. The 2017 season was the third and final year contested with the Chevrolet and Honda aero kits outfitted to the Dallara DW12 chassis. Beginning in 2018, all DW12 Safety Cell chassis have been fitted with a universal bodywork kit. Digital renderings for the common bodywork kit, referred to as
1157-501: A shift stick lever, supplied also by Xtrac since 2000 season until 2007. The clutches of all IndyCar Series cars are carbon with steel housing 3-plate clutch operated by foot-pedal in 1996–2011 later hand-paddle steering wheel clutch in 2012–present and provided by AP Racing . Mechanical limited-slip differentials are also allowed and constant velocity joint tripod driveshafts are also used. All IndyCar Series car drivetrains are currently rear mid-engine with rear-wheel-drive layout . Since
1246-538: A single set of specifications is used, based upon the configuration and speed of the track, as well as having the right rear tire diameter constructed to be slightly larger than the left rear, (also known as stagger) to aid in high speed cornering. The suspension of all IndyCar Series cars is double A-arm, pushrod, with third spring and anti-roll bar configuration multilink. All NTT IndyCar Series cars use carbon-fiber shell driver's seats with 6-point safety restraints. The cars' steering wheels are designed by Cosworth with
1335-420: A sponsor uses the benefits they are allocated under the terms of a sponsorship agreement. Leveraging has been defined by Weeks, Cornwell and Drennan (2008) as "the act of using collateral marketing communications to exploit the commercial potential of the association between a sponsor and sponsee" while activation has been defined as those "communications that promote the engagement, involvement, or participation of
1424-580: A support race to a series other than CART. In 2001 Indy Lights ran at Road Atlanta the weekend of the Petit Le Mans , and ran at Kansas with the IRL . By the late 1990s and early 2000s, CART was suffering from financial problems. Meanwhile, in 1996, the rival Indy Racing League was formed. CART canceled the minor league outright after the 2001 season. By this time, the Toyota Atlantic series
1513-556: A system of buttons that allow the drivers to make adjustments to their cars mid-race. All IndyCar Series cars were equipped with Pi Research Sigma Wheel to Display data display units from 2001–2017 until they were replaced by Cosworth's Configurable Display Unit 4.3 display from 2018 onwards (although in 2018 some smaller low-budget IndyCar Series teams still utilized old Pi Research Sigma Wheel instead of new Cosworth Configurable Display Unit 4.3 due to cost reasons). The cockpits of all IndyCar Series cars are still open but protected by zylon,
1602-463: A well-funded team, was brought on to develop the engine with team owner Eddie Cheever expanding the team to two cars and bringing on his brother Ross Cheever as a test driver. By 2000, the engine had improved markedly and Cheever captured the marque's first win at Pikes Peak International Raceway . However, despite the improved success, few teams made the switch to the Infiniti and the company left
1691-680: Is an American developmental automobile racing series sanctioned by IndyCar , currently known as INDY NXT by Firestone for sponsorship reasons. Indy NXT is the highest step on the Road to Indy , a program of racing series leading up to the IndyCar Series . A similar series named Indy Lights filled the developmental role for the CART series, and ran from 1986 to 1993 as the American Racing Series and Dayton Indy Lights from 1991 to 2001. The current IndyCar sanctioned series
1780-405: Is done with the expectation of a commercial return. While sponsorship can deliver increased awareness, brand building and propensity to purchase, it is different from advertising. Unlike advertising, sponsorship can not communicate specific product attributes. Nor can it stand alone, as sponsorship requires support elements. Proponents of sponsorship would, however, point to its unique position in
1869-525: Is projected to be the fastest-growing source of sponsorship dollars outside North America, with a forecast growth rate of 5.6 percent for 2011. Relaxed television industry legislation surrounding product placement has led to a small but increasing rise in TV programming sponsorship in the UK. However, commercial sponsorship of British sports teams and players is a multibillion-pound industry. For example, Adidas became
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#17327805878071958-455: Is that the best effects are achieved where there is a logical match between the sponsor and sponsoree, such as a sports brand sponsoring a sports event. Work by Cornwell and colleagues however, has shown that brands that don't have a logical match can still benefit, at least in terms of memory effects, if the sponsor articulates some rationale for the sponsorship to the audience. All sponsorship should be based on contractual obligations between
2047-775: Is used only for television broadcasts, but the data can be recorded from the ECU to the computer if the car is in the garage tents and not on the track. Since 2007 McLaren supplied its Engine Control Unit (ECU) system for few IndyCar Series teams and later promoted to standard Engine Control Unit (ECU) systems from 2010 season onwards. Previously Motorola supplied IndyCar Series ECU in 2003–2009 for Honda -powered cars, also Denso supplied IndyCar Series ECU in 2003–2005 for Toyota -powered cars and also Zytek supplied IndyCar Series ECU in 2002–2005 for Chevrolet -powered cars. Rearview mirrors for all IndyCar Series cars are fully mandated to easily enable viewing opponents behind. At its inception,
2136-576: The CART chassis and turbocharged engines that had been the mainstay of the Indianapolis 500 since the late 1970s. Starting with the 2003 season, the series rules were changed to require chassis manufacturers to be approved by the league before they could build cars. Prior to that, any interested party could build a car, provided it met the rules and was made available to customers at the league-mandated price. In total, four manufacturers have built IndyCar chassis. Dallara began producing Indycars for
2225-497: The Firestone Indy Lights machines. After the withdrawal of factory support from Panoz Auto Development , they are the only supplier of new chassis. The G Force chassis was introduced in 1997 and won the 1997 and 2000 Indy 500 races. In 2002, Élan Motorsport Technologies bought G Force, and the chassis was renamed "Panoz G Force", and then shortened to "Panoz" in 2005. In 2003 a new model was introduced, and it won
2314-589: The Oldsmobile Aurora label) and Nissan (badged as Infiniti). Per IRL rules, the engines sold for no more than $ 80,000 (with an exception of full-works IndyCar Series teams that usually received free engines due to direct partnership with an each engine manufacturer), and were rev-limited to over 10,000 rpm and weighed up to 280 lb (127 kg ) (excl. headers, clutch, ECU, spark box or filters). They produced around 600–700 hp (450–520 kW). These engines utilized 90° crankshafts , and while
2403-483: The 'IR18' car, were released in early May 2017 as a second facelift of Dallara DW12 . The car was officially unveiled in late July, and the universal aero kit became known as the UAK18 bodywork. The bodywork is inspired by CART 's 1990s and 2000s designs, with a more streamlined appearance. The redesigned aero kit reduces both aerodynamic downforce and team and manufacturer design development costs. The universal Aero Kit
2492-470: The 1997 season. The Dallara and G Force chassis were relatively evenly matched over their first few seasons, but eventually, the Dallara began to win more races. This caused more teams to switch to the Dallara, further increasing their success. As of 2017, a Dallara chassis has been used by 17 Indy 500 winners, although there have not been any competing manufacturers since 2008. Dallara was also tapped to build
2581-510: The 2008 Toyota Grand Prix of Long Beach . In 2010, IndyCar announced that it would officially adopt a single-make chassis formula, beginning in 2012 among a selection of proposals from interested parties, and set up the ICONIC (Innovative, Competitive, Open-Wheel, New, Industry-Relevant, Cost-Effective) Advisory Committee to make a final recommendation. Proposals were submitted and announced by BAT Engineering, Dallara , Lola , Swift , as well as
2670-400: The 2010 full season, cost $ 935,000 U.S. per season, per car. Sponsor (commercial) Sponsorship is a cash and/or in-kind fee paid to a property (typically in sports, arts, entertainment or causes) in return for access to the exploitable commercial potential associated with that property. While the sponsoree (property being sponsored) may be nonprofit, unlike philanthropy, sponsorship
2759-511: The CART series, and typically had a gap of up to a month while the primary CART teams raced at the Indy 500 . The races were usually held the morning of the CART series races, as an undercard event. In early years, the Indy Lights series skipped superspeedway races such as Michigan , but eventually found its way to race there. In some rare occasions, the Indy Lights ran at non-CART tracks, generally as
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2848-684: The EU member states in 2014, followed by North America, the Asia Pacific region. Growth in Central and South America during 2010 did not materialize to the extent projected—3.8 percent versus a forecast of 5.7 percent—despite the FIFA World Cup and Olympic Games in Brazil in 2014 and 2016, respectively. With the 2010 World Cup concluded, sponsorship activity should begin to heat up, thus the region
2937-595: The European-based ladder series. The original Indy Lights series was an open-wheeled racing series that acted as a developmental circuit for CART from 1986 to 2001. It was founded in 1986 as the American Racing Series (ARS). CART became the sanctioning body for the series in 1988, and it was renamed as Indy Lights in 1991, with title sponsorship by Firestone . Later, Firestone's subsidiary Dayton Tires took over as tire supplier and title sponsor. A spec-series , CART Indy Lights used March chassis (essentially
3026-512: The IRL used methanol racing fuel, which had been the de facto standard in American open-wheel racing since the 1964 Indianapolis 500 Eddie Sachs – Dave MacDonald crash. Methanol had long provided a safer alternative to gasoline. It had a higher flash point, was easily extinguishable with water, and burned invisible. With the IRL's introduction of night races in 1997, the burning of methanol fuel
3115-560: The IRL, a major point of contention for CART management, to whom Ford-Cosworth was an official engine supplier. The Ilmor Mercedes V-8 engine, also a mainstay CART powerplant, was permitted, but the only time it was used as a one-off at the 1996 Indy 500 by Galles Racing . Starting in 1997, IRL cars were powered by 4.0-litre V8 , four-stroke piston, Otto cycle methanol -burning, production prototype-based, naturally-aspirated internal combustion engines and electronic indirect multi-point port fuel injection, produced by General Motors (under
3204-838: The Indianapolis 500 and the series title. However, Toyota had just one podium in the last seven races of 2004, and only Penske Racing fielded competitive Toyota-powered cars in 2005, while Honda became the dominant engine manufacturer within the series. In November 2005, Toyota company officials announced the company's withdrawal from American open-wheel racing and the immediate discontinuation of its IRL program, coinciding with its entrance into NASCAR's Craftsman Truck Series in 2004, and its discontinuation of its IMSA program. After Chevrolet and Toyota elected to shut down their IRL involvement after 2005 season ( Chevrolet temporarily hiatus from IndyCar Series for six years while Toyota USA elected to focus on NASCAR involvement), Honda became
3293-556: The Indy 500 in 2003–2004 and finished second in 2005. It fell out of favor starting in 2006, and by then, only one had finished in the top ten at Indy. Little factory support was given to IndyCar teams by Panoz after that point, as they had concentrated on their DP01 chassis for the rival Champ Car World Series. By 2008, only one Panoz saw track time, an aborted second-weekend effort at Indy, that resulted in Phil Giebler being injured in
3382-738: The Indy Lights schedule was the Freedom 100 , contested at Indianapolis Motor Speedway on the Friday prior to the Indianapolis 500 . The series also held a support race for the U.S. Grand Prix , the Liberty Challenge , from 2005 to 2007. It was the series' first event that was not a support race to an IndyCar event. On September 9, 2007, during the Chicagoland 100 , Logan Gomez beat Alex Lloyd by 0.0005 seconds (approximately 1.65 inches (42 mm) at 188 mph) which reflects what
3471-671: The IndyCar Series. In 2023, IndyCar announced that NTT had extended their title sponsorship, for an unreported length. The IndyCar Series allows manufacturers to develop different types of engines, while every team uses the same chassis. Currently, Dallara provides a specification chassis to all teams, with Honda and Chevrolet providing teams different engines. In the series' first season ( 1996 ), 1992 to 1995 model year CART chassis built by Lola and Reynard were used. The first new Indycar came into being in 1997. Tony George specified new technical rules for less expensive cars and production-based engines. The move effectively outlawed
3560-436: The U.S. government's demand that the alcohol is unfit for human consumption and add visible color in case of fire. However, 2010 São Paulo Indy 300 , held in Brazil –outside of the U.S. regulations– utilized a full E100 mixture, the first instance in the sport. To compensate for the loss of power due to the use of ethanol, the displacement was increased back to 3.5 liters. Since ethanol gets better fuel mileage than methanol,
3649-641: The USGP weekend. The series was called the Menards Infiniti Pro Series (MIPS) until 2006 when both Menards and Nissan dropped their sponsorship of the series. It was then known as the Indy Pro Series . On March 26, 2008, the series announced a changing of names, when the historical records and proprietary information of Champ Car were acquired by the IRL. The series then became known as Firestone Indy Lights . The centerpiece of
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3738-498: The cars were unique, being designed specifically for oval racing; for example, the oil and cooling systems were asymmetrical to account for the pull of liquids to the right side of the cars. Later cars were designed to accommodate the added requirements of road racing. Because of a schedule conflict, the Champ Car World Series spec Panoz DP01 , with a Cosworth engine, was run in an IndyCar Series points event in
3827-402: The end of the "Mini Indy" series, the driver pool in the early 1980s for CART and the Indy 500 was drawn in a somewhat unorganized fashion among Super Vees, Atlantics, former Can-Am drivers, sprint cars, midgets, and even stock cars and off-road racing . In addition, a number of CART series drivers during the 1980s and early 1990s were former Formula 1 competitors, most of whom had climbed
3916-496: The engine blocks were to be production-based, they were not "stock blocks" like the Buick or Menard engines of the 1980s and 1990s. They were purpose-built racing engines. The engine formula was changed with the 2000–2004 formula. The displacement was dropped down from 4.0 to 3.5 litres (244 to 214 cubic inches ), and the requirement for the block to be production-based was dropped. The engines also switched to 180° crankshafts , and
4005-611: The engine for the new package would be a 2.0L turbocharged MZR-R four cylinder engine, tuned to last a full season of competition and producing 450 horsepower, with push-to-pass offering an additional 50 horsepower. The 2020 season was canceled through a combination of low grid numbers and the COVID-19 pandemic . As of 2021, the Dallara IL-15 continues to be the chassis employed by the series, but engines are now provided by AER, Advanced Engines Research, modifying and tuning base 2.0 liter I-4 Mazda power plants turbocharged to provide
4094-442: The engines were moderately de-tuned. The engines proved themselves to be quite durable — there had been no engine failures at Indy from 2006 to 2010, which also lowered the number of crashes. Most of the engines, including those used for the Indy 500, are used for multiple races and were intended to last 1,200 miles (1,931 kilometres ) between rebuilds. The Honda engines were only available via lease arrangement from Honda, which, for
4183-472: The existing engine blocks to curb top speeds (started from the 2004 Indianapolis 500 ). Infiniti's engines, though reliable, were significantly down on power compared to the Auroras in 1997, leading many of the teams that had initially opted for the Infiniti to switch. By the end of the 1998 season, only a handful of low-budget teams were using the Infiniti. However, early in the 1999 season, Cheever Racing ,
4272-451: The first time since 2011. The fuel cell for all current IndyCar Series cars are made of rubber and are covered with a Kevlar-fitted blanket for extra protection in side impacts. Since 2012 the capacity has been 18.5 US gallons (70 litres ). Previous capacities were 22 US gallons (83 litres ) in 2007–2011, 30 US gallons (114 litres ) in 2004–2006, and 35 US gallons (132 litres ) in 1997–2003. The initial 1996 IRL season, as well as
4361-451: The first two races of the 1996–97 season, featured engines with specifications leftover from the rival CART series competition. Those chassis/engine combinations were essentially under the same rules utilized by teams that participated in the 1995 Indianapolis 500 , which was sanctioned by USAC. V-8 powerplants were allowed the typical 45 inHg (1.5 bar; 22.1 psi) of pressure boost. The Menard-Buick V6 engine used in 1996, however,
4450-425: The formation of IndyCar Series in 1996, the brake package for the IndyCar Series was slimmer carbon brake rotors with 4-pot brake calipers and carbon pads on all-oval races until 2011. The thicker steel brake rotors with 6-pot brake calipers and carbon pads were introduced in 2005 for road and street course races for stronger braking while approaching sharper turns even hairpins. From 2012 onwards, IndyCar Series ditched
4539-636: The front and 14 in × 15 in (356 mm × 381 mm) on the rear since 1996; this size will be used until at least the 2022 season. 18-inch wheel rims will be adopted if the Dallara DW12 's successor comes out for the 2023 season onward. Firestone has been a tire supplier for the series since the 1996 season and sole tire supplier since 2000 season. Previously, Goodyear also supplied tires from 1996 to 1999 for several teams before withdrawing their support. The IndyCar Series has run bespoke compounds since 1996 which were re-profiled in 2003. The front tire sizes are 305/45-R15 (10.0/25.8-R15) and
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#17327805878074628-453: The fuel tanks in the car were decreased. Compared to methanol, human contact with the current ICS fuel is much less harsh, and the fumes much less irritating. The fumes are often compared with the sweet smell of apple cider or apple cobbler. Unlike methanol, ethanol is not caustic and does not cause chemical burns when it comes in contact with the skin. It also is less polluting when spilled compared to methanol. In May 2010, Sunoco became
4717-537: The kits were frozen for 2017, and starting in 2018 all cars ran the same aero package again. To further help reduce costs, IndyCar allowed teams to shop for competitively priced non-safety-related parts such as brakes instead of mandating parts from specific suppliers. IndyCar had hoped to set a new speed record at the Indianapolis Motor Speedway by 2016 with the introduction of aero kits and the development work associated with them. However, after
4806-411: The ladder of progression began to change. The Sports Car Club of America (SCCA) Super Vee and Formula Atlantic series were among the first formula-based ladder series. However, neither had any direct tie to USAC. In 1977, USAC started the "Mini-Indy" series, using Super Vee machines. The series ended after 1980 when USAC stopped sanctioning Indy car races outside of the Indianapolis 500. Following
4895-534: The marketing mix. A sponsorship program can include all other marketing elements including advertising, promotions, merchandise, hospitality, PR and social media. This allows sponsorship to be used to address a much wider range of business objectives. For example, a sponsor buying the rights to a sports team or competition could achieve increased brand awareness through high profile signage, but might also use hospitality tickets for staff motivation programs or to host key trade customers. On-pack promotions could be linked to
4984-520: The official fuel of the series starting in mid-2010 with an immediate effect, running through 2018. For the 2012 season, the ethanol fuel blend rate was reduced to 85% blend in a reference of road car relevance. Speedway LLC took over as series official fuel supplier beginning from 2019 season onwards, but the E85 formula still retained until at 2022. From 2023 onwards Shell USA (North American division of Shell plc ) will supply 100% Ethanol-sourced fuel for
5073-475: The only standard spec-engine manufacturer in the IndyCar Series starting in 2006 and continued in that capacity through 2011 as it was announced by Indy Racing League president & chief operating officer Brian Barnhart and Honda Performance Development president Robert Clarke on December 15, 2005. The IndyCar Series carried on with only one engine manufacturer in spite of the television agreement required at least two or three engine manufacturers to participate in
5162-465: The partial enclosure around the rear wheels, which acts to prevent cars ramping up over another vehicle's back end. This chassis was intended to support multiple aerodynamic kits, but introduction of these was delayed until 2015, with teams citing costs. After the events of the 2011 IZOD IndyCar World Championships the chassis was nicknamed DW12 in honor of Dan Wheldon . In 2015, teams began running aero kits developed by their engine manufacturers as
5251-447: The post- WWII era, through the early 1960s, American open-wheel racing cars were almost exclusively front-engined "roadsters". The primary ladder series included sprints and midgets . By the end of the 1960s, the cars evolved into rear-engine formula-style machines. Likewise, the feeder series began to follow the same mold. When United States Automobile Club (USAC) became the primary sanctioning body for top-level open-wheel racing,
5340-479: The public its "Gen IV" motor, a rebadged Cosworth motor for competition. At the time, Cosworth was owned by Ford. On November 4, 2004, Chevrolet stated that it would be ending its IRL engine program effective with the end of the 2005 season, citing costs that exceeded value, according to then GM Racing Director Doug Duchardt, "The investment did not meet our objectives." Toyota won its first race in Miami, as well as
5429-483: The radical DeltaWing design that was penned by Ben Bowlby and financed by Chip Ganassi . In July 2010, IndyCar announced that Dallara had won the contract to remain as the series' single chassis supplier. In 2012 the series adopted the Dallara IR-12 chassis as a cost control method, and IndyCar negotiated a price of $ 349,000 per chassis. The new specification also improved safety, the most obvious feature being
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#17327805878075518-549: The rear tire sizes are 415/40-R15 (14.5/28.0-R15). The compounds and construction of IndyCar Series tires unique to each mounting position on the race car. For road/street events, there are unique primary and alternative specifications for dry conditions, along with specially designed full-rain tires for all rain conditions but, unlike in Formula One which has intermediate rain tires for light rain conditions only, no intermediate rain tires due to additional costs. For oval racing,
5607-420: The rev limits were adjusted from time to time. These engines made 675 hp (503 kW), ran on 109- octane methanol racing fuel, and revved to 10,300 rpm, all while weighing only 280 lb (130 kg). This formula was used through 2003. In 2004, in the wake of several crashes including the fatal crash of Tony Renna and the severe crash of Kenny Bräck , the displacement was reduced to 3.0-liters using
5696-482: The same power and push-to-pass capability of the former engines, with the added capability of longevity: the engines are designed and fabricated to run an entire season without a rebuild. A halo was added to the IL-15 for the 2021 season. Andretti Autosport's Kyle Kirkwood captured the 2021 series championship, while HMD Motorsports' David Malukas finished second and Global Racing Group w/HMD Motorsports' Linus Lundqvist
5785-479: The schedule in 2005 , many of America's top prospects like Marco Andretti and Phil Giebler were attracted to the series to run part-time schedules on road courses. In 2006 , a boost in prize money even further increased car counts to 16 or more, with an even six oval and six road course mix. The selected races being double races, and a stand-alone race (independent of the IndyCar Series) were scheduled on
5874-549: The series after the 2002 season to focus on powering the league's new Infiniti Pro Series (now Firestone Indy Lights). As part of General Motors' discontinuance of the Oldsmobile name, the Olds engine was rebadged as the Chevrolet starting with the 2002 season. However, the effort would lack in competitiveness against Toyota and Honda, which came to the IRL in 2003 from the rival CART series. In August 2003, Chevrolet announced to
5963-512: The series to ensure future continuity. The Honda Indy V8 engine was partnered and co-developed by Ilmor , which is part owned by Roger Penske for tune-up, engine maintenance, arrangement and trackside support. The engine displacement was reverted from 3.0 to 3.5 litres (183 to 214 cubic inches ) beginning from 2007 season. During that time, since the IndyCar Series had only one engine manufacturer, Honda focused on minimizing engine failure and minimizing costs instead of defeating rivals. As such,
6052-496: The series was named the Indy Racing Northern Light Series . The name IndyCar Series was officially adopted beginning in 2003, as the series was now legally entitled to use it due to the expiration of a 1996 legal settlement with Championship Auto Racing Teams (CART). The series began to progressively downplay the former IRL name, changing its name to simply IndyCar for the 2008 season. The company
6141-441: The specific rights being sold and confirmation that these are available for sponsorship from the rights holder. Sponsored parties should have the absolute right to decide on the value of the sponsorship rights that they are offering and the appropriateness of the sponsor with whom they contract. The sales cycle for selling sponsors is often a lengthy process that consists of researching prospects, creating tailored proposals based on
6230-434: The sponsor and supplier of Manchester United's kit for ten seasons, in a 2014 deal with a guaranteed minimum value of £750 million (more than US$ 1.1 billion). As it has in most years over the past two-plus decades, sponsorship's growth rate will be ahead of the pace experienced by advertising and sales promotion, according to IEG. Firestone Indy Lights Indy NXT (pronounced "Indy Next"), previously Indy Lights ,
6319-425: The sponsor and the sponsored party. Sponsors and sponsored parties should set out clear terms and conditions with all other partners involved, to define their expectations regarding all aspects of the sponsorship deal. Sponsorship should be recognisable as such. The terms and conduct of sponsorship should be based upon the principle of good faith between all parties to the sponsorship. There should be clarity regarding
6408-545: The sponsorship audience with the sponsor." Money spent on activation is over and above the rights fee paid to the sponsored property and is often far greater than the cost of the rights fee." IEG projects spending on sponsorship globally to grow 4.5 percent in 2018 to $ 65.8 billion, including $ 24.2 billion in North America alone (a 4.5% increase from $ 24.1 billion in 2017). Europe is the largest source of sponsorship spending, with €26.44 million (US$ 29 million) in just
6497-405: The sports property to create a much more compelling consumer proposition and to associate the brand directly with a sports property which has much greater image attributes than the sponsoring brand. Various psychological and communication theories have been employed to elucidate the mechanisms by which commercial sponsorship influences consumer audiences. Many theories posit that sponsorship creates
6586-737: The steel brake discs in favor of carbon brake rotors on all types of tracks but the caliper configuration remained the same as 1996–2011. PFC currently supplying brake packages for all IndyCar Series cars since 2017 season (disc only) and later increased their involvement from the 2018 season (supplying the calipers and rest of other brake packages). Previously Brembo supplied the brake packages in 2012–2016 (full brake package), 2017 (caliper only), and Alcon in 2003–2011. BBS and O.Z. Racing have been supplying forged wheels since 1996. The wheel rims for all IndyCar Series cars are made of aluminum alloy. The size of IndyCar Series wheel rims have been 10 in × 15 in (254 mm × 381 mm) on
6675-477: The track and expenses from repairs. The "aeroscreen" cockpit protection was added in time for the 2020 season, and some minor modifications were eventually conducted to reduce the intense heat caused by stagnant air on the drivers. For the transmission gearboxes, all IndyCar Series cars currently use an electronically actuated AGS ( Assisted Gearchange System ) 6-speed semi-automatic sequential gearbox with an electro-pneumatically operated paddle-shift system and
6764-667: The two series under the IndyCar banner, but enormous damage had already been done to the sport. Post-merger, IndyCar continues to run with slight viewership gains per year. For 1996–1997, the series was simply referred to as the Indy Racing League. For 1998–1999, the series garnered its first title sponsor, and was advertised as the Pep Boys Indy Racing League . In 2000, the series sold its naming rights to Internet search engine Northern Light , and
6853-614: The year after the CART-sanctioned Indy Lights series' demise. It was a spec series using a TWR (Tom Walkinshaw Racing) developed 3.5L version of the V8 engine used in the Infiniti Q45 combined with Dallara chassis producing 420 horsepower (310 kW). The series initially struggled to attract drivers and some races have had fewer than 10 entrants. However, with the introduction of a number of road-course races to
6942-560: Was an updated powerplant from the 1995 version. In addition, the V-6 stock block engines (Buick-Menard) were allowed 55 inHg (1.9 bar; 27.0 psi) of boost at all races, instead of just at Indianapolis. During the CART era, V-6 stock blocks were only allowed 45 inHg (1.5 bar; 22.1 psi) at all races outside of Indy, which was a decided disadvantage and left the engine out of favor. Ford-Cosworth reluctantly provided support to teams wishing to run their older-spec engines in
7031-509: Was created by then Indianapolis Motor Speedway owner Tony George as a competitor to Championship Auto Racing Teams (CART). In 2008, the IndyCar Series merged with CART's successor, the Champ Car World Series and the history and statistics of both series, as well as those from its predecessors, were unified. The series' premier event is the Indianapolis 500 , which was first held in 1911. Historically, open-wheel racing
7120-470: Was designed without the wheel guards of the DW12 chassis, which were deemed ineffective and proved prone to breaking. The IR-18 also lacks an air inlet above the cockpit, a first for an IndyCar Series chassis (most Champ Car chassis had been designed that way). The new Aero Kit also has fewer small aerodynamic pieces that can become broken or dislodged, with the intent to reduce the amount of debris that ends up on
7209-502: Was equally effective in providing CART with new drivers. In addition, the Atlantics served as a springboard for such drivers as Greg Ray , Sam Hornish Jr. and Richie Hearn to enter the IRL . The Atlantics effectively became CART's primary feeder system, and later became Champ Car World Series' official in-house feeder championship for a time. The Infiniti Pro Series was re-founded by the Indy Racing League and began racing in 2002,
7298-484: Was founded in 2002 as the Infiniti Pro Series as a way to introduce new talent to IndyCar, with the moniker Indy Lights returning in 2008 when CART and IndyCar unified. The Indy Lights champion was awarded a $ 1M scholarship toward the IndyCar Series, and guaranteed three races including the Indianapolis 500 during this time. For 2023, Penske Entertainment announced a rebranding to the name Indy NXT. In
7387-431: Was killed in a crash in 2006, but the IRL had already begun a transition to ethanol fuel . For the 2006 season the fuel was a 90%/10% mixture of methanol and ethanol . Starting in 2007, the league advertised " 100% Fuel Grade Ethanol ," the first competitive series to utilize renewable fuel. The mixture was actually 98% ethanol and 2% gasoline, provided by Lifeline Foods of Saint Joseph, Missouri . The additives satisfy
7476-495: Was off the pace at Indy and was quickly dropped by its teams. Falcon Cars were founded by Michael Kranefuss and Ken Anderson in 2002 as the third approved chassis supplier for the 2003 season. One rolling chassis was completed and shown, but it was never fitted with a working engine and never ran. No orders were ever filled. Superficially, IndyCar machines closely resemble those of other open-wheeled formula racing cars, with front and rear wings and prominent airboxes . Originally,
7565-431: Was similarly renamed in 2011. Izod signed a six-year deal to become the series title sponsor beginning on November 5, 2009, through 2014, but the sponsorship was terminated at the end of the 2013 season. In 2014, Verizon Communications became title sponsor of the series through 2018. In January 2019, it was announced that Japanese communications company NTT would become title sponsor and official technology partner of
7654-507: Was the closest recognized finish in the over century-long history of organized automobile racing throughout the world, until the 2018 Powershares QQQ 300 . In 2008, the margin was established by the Guinness Book of World Records as the closest finish ever in a car race. On May 24, 2013, Peter Dempsey captured his first Indy Lights win in the Freedom 100 in the closest finish in Indianapolis Motor Speedway history (0.0026 secs) in
7743-432: Was the most popular form of U.S. motorsport nationwide. However, an acrimonious schism (often referred to by many as "The Split") in 1994 between the primary series, CART, and Tony George led to the formation of the Indy Racing League, which launched the rival IndyCar Series in 1996. From that point on, the popularity of open wheel racing in the U.S. declined dramatically. The feud was settled in 2008 with an agreement to merge
7832-511: Was third. HMD Motorsports/Global Racing Group secured their first Road to Indy team championship. Firestone returned as the official tire supplier for the 2023 season. That season saw the series name changed to Indy NXT, and IndyCar assume direct operation of the series from Andersen Promotions, which continues to operate the affiliated lower-tier USF Championships under IndyCar sanctioning. Chaves and Jack Harvey ( Schmidt Peterson Motorsports were tied in points and wins (4 each). Chaves won
7921-468: Was visible for the first time, seen with a light blue haze. With this in mind, in an effort to make it more visible in case of fire during daylight hours, additional mixtures were placed in the fuel. As a safety feature, the methanol would burn with color. In 2005, the driver Paul Dana brought the sponsorship of the Ethanol Promotion and Information Council (EPIC) to his IndyCar team. EPIC is
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