Indycar is a privately owned entity headquartered in the US. Founded in 1994, it employs approximately 170 individuals and reported $48.3M in revenue as of 2023. Functioning as a tier 1 media tech buyer, the company operates as the governing body for North America's premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its final preparatory series, Indy NXT.
IndyCar recently achieved its largest U.S. television audience for a race other than the Indianapolis 500 in 15 years, with the FIFA World Cup contributing to viewership gains. On June 26, 2026, the Road America race recorded four times more young male viewers compared to last year's Nashville event, and officials anticipate the upcoming Nashville race, scheduled directly after the World Cup final, will surpass Road America's figures. Previously, on June 24, Raj Nair, chairman of the newly formed IndyCar Officiating Inc., stated that leading the independent officiating body has proven "a little bit more work than I thought," noting the high stakes and paddock scrutiny involved. In Indy NXT news, race winner Alessandro de Tullio and his A.J. Foyt Racing Enterprises teammate Nicholas Monteiro, who finished 15th, were disqualified from the Road America race on June 21 due to a tire violation. INDYCAR Officiating also issued a six-position starting grid penalty on June 20 to the No. 14 entry of A.J. Foyt Enterprises and the No. 20 of Ed Carpenter Racing for unapproved engine changes following practice at Road America on June 19. Earlier, on June 9, INDYCAR Officiating announced a six-position starting grid penalty in INDY NXT by Firestone for the No. 17 HMD Motorsports entry due to driver Salvador de Alba's avoidable contact during the June 7 race at World Wide Technology Raceway.
Indycar offers 3 products in the media and telecoms services and sports industries. Indycar's product portfolio comprises of motorsports and cycling and media and TV services.
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Indycar's revenues were less than $100M in 2024. Caretta Research has split Indycar's revenue into 2 different product categories, the largest of which is motorsports. For full access to Indycar's revenue breakdown subscribe to Caretta Portal.
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Indycar sells broadcasting rights of its 2 motorsports competitions to 26 companies globally, covering 8 countries. Indycar's rights holders include Telefonica.
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