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Indy

The IndyCar Series, the premier American open-wheel racing series, has evolved since its inception in 1920 and is currently known as the NTT IndyCar Series. It was created as a competitor to CART and faced a significant decline in popularity due to a split in 1994, which was resolved with a merger in 2008. The series has since seen slight viewership gains and has had various title sponsors, with NTT currently holding the title sponsorship as of 2023.

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49 views1 page

Indy

The IndyCar Series, the premier American open-wheel racing series, has evolved since its inception in 1920 and is currently known as the NTT IndyCar Series. It was created as a competitor to CART and faced a significant decline in popularity due to a split in 1994, which was resolved with a merger in 2008. The series has since seen slight viewership gains and has had various title sponsors, with NTT currently holding the title sponsorship as of 2023.

Uploaded by

gabi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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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 was created by then Indianapolis Motor
Speedwayowner 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 one of the most popular types 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.[2] 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.[3] 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 the series was named the Indy Racing Northern
Light Series.[4]

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,[5] but the sponsorship was terminated at the end of
the 2013 season.[6] In 2014, Verizon Communications became title sponsor of the
series through 2018.[7] In January 2019, it was announced that Japanese
communications company NTT would become title sponsor and official technology
partner of the IndyCar Series.[8] In 2023, IndyCar announced that NTT had extended
their title sponsorship, for an unreported length.[9]

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