New Era: Charter System Established for Team Owners
Owners of 10 teams have accepted charters for 25 entries, beginning immediately.
www.indycar.com
Read here…OK, someone explain this charter system for one who is not into racing. They are not turning Indy car into F1, are they?
Think of a charter like a franchise in other sports. It creates artificial scarcity that creates a value.OK, someone explain this charter system for one who is not into racing. They are not turning Indy car into F1, are they?
Remember when IRL was established to go against CART and open the sport for the "grass roots" teams?
Some animals are more equal than others...And so the notorious "25/8" allocation of starting positions for the Indianapolis 500, which so offended Penske, Patrick, Gurney, Haas, et al, has been resurrected--by a Penske entity??
??And so the notorious "25/8" allocation of starting positions for the Indianapolis 500, which so offended Penske, Patrick, Gurney, Haas, et al, has been resurrected--by a Penske entity??
The article in the OP says that the 25 guaranteed spots DO NOT apply to the Indianapolis 500.And so the notorious "25/8" allocation of starting positions for the Indianapolis 500, which so offended Penske, Patrick, Gurney, Haas, et al, has been resurrected--by a Penske entity??
We shall see what happens when next May rolls around.The article in the OP says that the 25 guaranteed spots DO NOT apply to the Indianapolis 500.
Oh yeah, we want to keep the foreigners out of indycar. kakakaakakRemember when IRL was established to go against CART and open the sport for the "grass roots" teams?
YepExisting teams fear upstarts taking money from their pockets.
So, a small unchartered team finishes 15th in the series, no extra compensation. Seems fair...An entry also must be chartered to qualify for the annual NTT INDYCAR SERIES Leaders Circle program – an annual award program that compensates the 22 top finishers in the prior year’s NTT INDYCAR SERIES championship.