The NTT IndyCar Series has announced that it has started a charter system effective immediately.
Ten team owners have accepted charters for 25 entries in IndyCar.
Each team has a maximum of three entries.
“This is an important development that demonstrates an aligned and optimistic vision for the future of our sport,” Penske Entertainment Corp. President and CEO Mark Miles said. “I want to extend my sincere appreciation to our team owners for their collaboration and ideation throughout this process. Ultimately, we’re pleased to have a system in place that provides greater value for our ownership and the entries they field.”
The 10 chartered teams are AJ Four Enterprises (2), Andretti Global (3), Arrow McLaren (3), Chip Ganassi Racing (3), Dale Coyne Racing (2), Ed Carpenter Racing (2), Juncos Hollinger Racing (2), Meyer Shank Racing (2), Rahal Letterman Lanigan Racing (3) and Team Penske (3).
The chartered teams are guaranteed a starting spot on the grid in all races except the Indianapolis 500.
The agreement is set to last through the end of 2031.
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