IndyCar
INDYCAR, LLC, is an American-based auto racing sanctioning body for Indy car racing and other disciplines of open wheel car racing. The organization sanctions two racing series: the premier IndyCar Series with the Indianapolis 500 as its centerpiece, and the developmental series Indy NXT. IndyCar is recognized as a member organization of the FIA through ACCUS.
Sport | Auto Racing |
---|---|
Category | Open-wheel cars |
Jurisdiction | United States Canada |
Founded | 1994 |
Affiliation | ACCUS-FIA |
Affiliation date | 1997 |
Headquarters | Indianapolis, Indiana |
President | Jay Frye |
CEO | Mark Miles |
Official website | |
indycar |
The sanctioning body was formed in 1994 under the name Indy Racing League by Hulman & Company, which also owned the Indianapolis Motor Speedway complex, and began competition in 1996. The trademark name INDYCAR was officially adopted on January 1, 2011. The sport of open-wheel car racing itself, also historically referred to as Championship Car racing or Indy racing, traces its roots to as early as 1905. It is the fifth major sanctioning body to govern the sport of Indy car racing, following AAA, USAC, CART, and Champ Car.
Today, IndyCar is owned by Roger Penske via Penske Entertainment Corp., a subsidiary of Penske Corporation. Penske purchased IndyCar and the Indianapolis Motor Speedway from Hulman & Co. in November 2019.