Detail
| Category | Open Wheel racing |
|---|---|
| Inaugural Season | 1996 |
| Chassis | Dallara |
| Engine Supplier | Chevrolet and Honda |
| Tire Supplier | Firestone |
| Drivers Champion | Alex Palou |
| Makers Champion | Chevrolet |
Introduction
The series is self-sanctioned by its parent company, INDYCAR, LLC., which began in 1996 as the Indy Racing League (IRL) and 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 was the most popular[quantify] form of U.S. motorsport nationwide.[citation needed] However, an acrimonious split (often referred to by many as "The Split") in 1994 between the primary series, CART (later known as Champ Car), and the owner of the Indianapolis Motor Speedway (the site of the Indy 500), Tony George, led to the formation of the Indy Racing League, now known as INDYCAR, 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 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. However, as a result, the only post-Split IndyCar race that still enjoys widespread popularity among the general public is the Indianapolis 500.
Series Name
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 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 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 the IndyCar Series. In 2023, IndyCar announced that NTT had extended their title sponsorship, for an unreported length.
