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Penske finalises IndyCar, Indianapolis Motor Speedway purchase

Share this article on Facebook Twitter LinkedIn Email The Penske Corporation has completed its purchase of the Indianapolis Motor Speedway, IndyCar and IMS Productions. It was revealed last November that Penske - which competes in IndyCar and at the Indianapolis 500 with its own team - had agreed to buy the three businesses, and the deal has now been completed. Penske Corporation becomes just the fourth owner in IMS history, after Carl Fisher, who built the track in 1909, Eddie Rickenbacker, who purchased IMS in 1927, and Tony Hulman and Hulman & Company, which had owned and managed the Speedway from 1945 until now. IndyCar believes that Penske's investment will encourage new investor interest in the series and IMS, while plans are already afoot for different events to take place at the circuit and the possibility of Formula 1 returning has not been ruled out. IndyCar and Indianapolis Motor Speedway sold to PenskePenske plays down conflic..

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Palou IndyCar move was a “dream and a goal to fulfil” for two years

Share this article on Facebook Twitter LinkedIn Email New Dale Coyne Racing driver Alex Palou says securing an IndyCar seat was "a dream and a goal to fulfil" for two years. Palou impressed the outfit during a test at Mid-Ohio in July, but team owner Dale Coyne admitted earlier this month he was worried Honda would decide to keep the Spaniard in Super Formula, in which he finished third this year in his rookie season. But Palou was announced as Sebastien Bourdais' successor for 2020, as part of a deal including the Team Goh outfit Palou has raced for in Super GT's GT300 class this year. Speaking to Autosport about his deal, Palou said: "Everything comes obviously after the test, which was super good. "Everyone was super happy - the team, I, Honda and from there we went to work to see if there was a possibility of doing IndyCar in 2020. "At first it seemed that yes [there was], then no; we kept working but it seemed we were running ou..

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Alex Palou to drive for Dale Coyne in IndyCar with Team Goh link-up

Share this article on Facebook Twitter LinkedIn Email Super Formula race winner Alex Palou will compete in the 2020 IndyCar Series, driving for Dale Coyne Racing in a link-up with Le Mans 24 Hours-winning squad Team Goh. As previously reported by Autosport, Palou was on a DCR shortlist that included ex-Schmidt Peterson Motorsports driver James Hinchcliffe, left without a seat at the new McLaren team opted for an all-new line-up, and Formula 2 driver Sergio Sette Camara. Palou will compete in the full IndyCar season after placing as the top rookie in Super Formula in third place, running with Nakajima Racing and scoring a victory and three pole positions in 2019 as he ran in title contention. "I'm very excited about coming to America to race Indy cars," said Palou. "I'm grateful for all that have helped me get to this point of my career and especially Dale Coyne and Mr Kazumichi Goh for giving me this opportunity." The Palou entry wil..

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Ex-Bourdais engineer Hampson joins McLaren Indy team

Share this article on Facebook Twitter LinkedIn Email After a long-term tie-up with Sebastien Bourdais at both Newman/Haas Racing and Dale Coyne Racing, Craig Hampson will join Arrow McLaren SP as race and R&D engineer for 2020. Hampson, who has fulfilled a similar role in the past at Andretti Autosport, has accumulated more than 30 wins, four Indy car (Champ Car) titles and played a significant role in two Indy 500 wins with Andretti. When it was confirmed Bourdais would leave Coyne for 2020, Hampson received several offers from rival teams, and has now joined the rebranded Arrow McLaren SP squad. Hampson joins the Arrow McLaren SP team which will run Indy Lights champion Oliver Askew and ex-Red Bull driver Patricio O'Ward full time in 2020. "I am very excited to be joining the highly capable group of talented team members that Arrow McLaren SP has already assembled," said Hampson of the move. "There are people there who I have worked w..

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Former Indycar driver and safety pioneer Bill Simpson dies aged 79

Share this article on Facebook Twitter LinkedIn Email Former Indycar driver and motorsport safety innovator Bill Simpson has died following a stroke. Between 1968 and 1977, Simpson made a total of 52 Indycar starts, with a best finish of sixth place at Milwaukee in 1970. His earlier drag racing exploits first triggered his interest in safety after a severe crash in 1958 left him with two broken arms. That led to his idea of a safety parachute to slow down the Top Fuel cars of the era - a system that was adopted by drag-racing legend 'Big Daddy' Don Garlits. After that development, Simpson worked on increasingly effective driver protection devices - helmets, firesuits, gloves and shoes - making big breakthrough with Nomex when working for NASA. In the 1967 Indianapolis 500, 30 of the 33 starters used Nomex firesuits. Simpson became famous for setting himself on fire to prove his products' effectiveness, but he was also a st..

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