IndyCar, a privately owned company headquartered in the US, was founded in 1994. It serves as the governing body for the NTT INDYCAR SERIES, the top-level open-wheel racing series in North America, and the Indy NXT, its developmental series. As of 2023, IndyCar employs approximately 170 people and its primary business is the organization and operation of spectator sporting events.
IndyCar teams conducted testing on the Indianapolis Motor Speedway road course on Thursday, in preparation for the race scheduled for May 10. Prema Racing experienced an incident during IndyCar's first practice session at Thermal, when Robert Shwartzman's car caught fire, causing a red flag. Following an investigation, IndyCar penalized Prema Racing with a $25,000 fine and a 10-point deduction for violating technical regulations; specifically, the team used an unapproved emergency pull cable on Shwartzman's car. Graham Rahal expressed approval of Rahal Letterman Lanigan Racing's decision to hire Jay Frye as team president.
Indycar offers 3 products in the sports and media and telecoms services industries. Indycar's product portfolio comprises of motorsports and cycling and streaming services.
Subscribe for full access to Indycar's products in full detail
Subscribe for full access to Indycar's revenue in full detail
Indycar sells broadcasting rights of its 2 motorsports competitions to 26 companies globally, covering 10 countries. Indycar's rights holders include Disney Sports / ESPN, Telefónica and Sky Group.
Subscribe for full access to Indycar's products in full detail 
