Indy Racing League Fact Sheet
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General: Founded in 1994, the Indy Racing League serves as the sanctioning body for the IZOD IndyCar® Series, the premier open-wheel racing series in the United States, and Firestone Indy Lights™, which serves as an essential stepping-stone for drivers striving to reach the IZOD IndyCar Series. The league is based in Indianapolis and has approximately 60 employees.

Founded: Indy Racing League founder Tony George announced plans March 11,1994 for an oval-based, open-wheel racing series that would include the Indianapolis 500, the world's most famous race, as its centerpiece. The Indy Racing League, which took its name on July 8, 1994, was formed to preserve the traditions and excitement of America's open-wheel oval racing. George represents the third generation of Indianapolis Motor Speedway ownership for the Hulman family of Terre Haute, Ind. Anton "Tony" Hulman, the grandfather for whom George is named, purchased the speedway in 1945.

First Event: Indy 200, Jan. 27, 1996, at Walt Disney World Speedway in Lake Buena Vista, Fla. (It was won by Buzz Calkins).

Major Milestone Events: The February 22, 2008 announcement that the IndyCar Series and Champ Car World Series would unify under the IndyCar Series banner set the stage for the first season of unified open-wheel racing in North America in more than a decade. The Gainsco Indy 300 at Homestead-Miami Speedway on March 29, 2008, marked the first race under unification. The 2008 season proved to be an historic year for the series, creating tremendous momentum and enthusiasm for the future of North American open-wheel racing.

On November 5, 2009, the IndyCar Series announced a multi-year agreement naming IZOD, a member of the Phillips-Van Heusen family of apparel, furnishings and footwear and the official apparel partner of the IndyCar Series since 2008, the title sponsor of the new IZOD IndyCar Series.

Principles: Since its founding, the Indy Racing League has preserved its founding principles:

  • Establish and maintain a governing structure that represents all constituencies in the sport fairly and equitably.
  • Control costs associated with racing with a concern for safety and competitive parity.
  • Preserve and nurture the heritage of oval track racing.
  • Provide opportunities for new sponsors, teams and drivers to enter the sport at its highest level.
  • Bring Indy-style racing to new markets for both sponsors and fans.

Key Executives: Jeff Belskus serves as chief executive officer and Brian Barnhart, who has been with the league since its founding, serves as president of competition and racing operations. Terry Angstadt joined the league in 2007 and serves as president of the league's commercial division.

Schedule: The IZOD IndyCar Series reaches 19 of America's top markets and three of North America's top DMAs, racing at a combination of superspeedways, short ovals, scenic road courses and temporary street circuits, the most diverse schedules in racing. The 2010 schedule features 17 races, 13 in the United States as well as two races in Canada and one each in Japan and Brazil. The Firestone Indy Lights schedule features 11 domestic races, including the Freedom 100, held on Carburetion Day prior to the Indianapolis 500. The Firestone Indy Lights schedule also includes two races in Canada. All races run in conjunction with the IZOD IndyCar Series.

Type of Racing:

IZOD IndyCar Series: Open-wheel, single-seat, open-cockpit cars featuring a 3.5-liter, 32-valve dual over-head cam, normally aspirated V-8 engine optimized to run at 10,300 RPM with an estimated 650 horsepower.

Firestone Indy Lights: Open-wheel, single-seat, open-cockpit cars featuring a normally aspirated 3.5-liter V-8 engine optimized to run at 8,200 RPM with an estimated 420 horsepower.

Chassis Supplier: Dallara (both series)

Engine: Honda HI9R Indy V-8 (IZOD IndyCar Series); Firestone Indy Lights spec-V8 engines.

Tire Manufacturer: Firestone Firehawk-branded racing tires.

Fuel: 100 percent fuel-grade ethanol (IZOD IndyCar Series); Unleaded (Firestone Indy Lights)

Participants: The Indy Racing League features a diverse field of drivers with participants from the United States, Japan, Brazil, England, France, Venezuela, Scotland, Canada, Spain, South Africa, Australia and New Zealand. The stars of the IZOD IndyCar Series include Marco Andretti, Ryan Briscoe, Helio Castroneves, Scott Dixon, Dario Franchitti, Tony Kanaan, Danica Patrick, Graham Rahal and Dan Wheldon.

Championship: IZOD IndyCar Series drivers and teams compete for the IZOD IndyCar Series championship, which includes a $1 million championship bonus. Firestone Indy Lights drivers compete for nearly $4 million in prize money during the season and the Firestone Firehawk Cup. Championship points are earned by all participating drivers, with the driver with the highest number of points at the end of the season declared the champion.

Media Reach: ABC and VERSUS provide comprehensive high-definition television coverage of the IndyCar Series, including a motorsports-first 360 degree HD in-car camera. 2010 will mark the second year of a new ten-year agreement between the IZOD IndyCar Series and VERSUS. The move to VERSUS has provided the series with a significant increase in coverage, including extensive pre- and post-race coverage, preview shows and race re-airs. The Indy Racing League's relationship with ABC dates back to the league's inaugural event in 1996. ABC's relationship with the Indianapolis 500 dates back to 1965 and the network has offered live coverage of "The Greatest Spectacle in Racing" since 1986.

ESPN International retains worldwide rights to televise IZOD IndyCar Series race coverage to 294 million homes across 212 countries and territories worldwide, including Canada, China, Germany, Japan, India, New Zealand, Russia and the United Kingdom. TV BANDEIRANTES and BAND SPORTS continue as the exclusive IZOD IndyCar Series free and pay TV broadcasters in Brazil, reaching 55.5 million households and approximately 180 million people.

The Indianapolis Motor Speedway Radio Network, the official radio home of the IZOD IndyCar Series, enters its 57th year of broadcasting, featuring nearly 400 affiliates nationwide, live web-casting and short-wave outlets, plus the American Forces Radio Network. The IMS Radio Network broadcast is also available on Sirius XM Satellite Radio. In addition to the race broadcast and pre-race show, the IMS Radio Network features "Indy Racing Weekly," a 60-minute show airing on Mondays at www.indycar.com and available on many local affiliates on Wednesday afternoons.

IndyCar.com, the official Web site of the IZOD IndyCar Series, offers complete and current information about the IZOD IndyCar Series and Firestone Indy Lights, including live timing-and-scoring from every practice session, qualifying session and race, live video streaming, video highlights, mobile content, news, feature stories, event information, point standings, statistics, driver biographies, technical specifications, team, track and sponsor information, photo, logo and sound files and other multi-media, interactive features, including the IMS Radio Network's live coverage of qualifying sessions.

Fan Base: The more than 40 million men and women who support the IZOD IndyCar Series are not your typical motorsports fan. Compared to the national average and most other motorsports series, IZOD IndyCar Series fans are younger, more educated and earn greater household incomes. The average IZOD IndyCar Series fan is 39 years old, college-educated with an annual household income of $81,000-plus.

Fan Loyalty: The IZOD IndyCar Series has some of the most brand-loyal fans in the industry. Compared to the average American consumer, they are twice as likely to remain loyal to sponsors in the sport and three times more likely to try a new brand based on IZOD IndyCar Series participation.

Brand Assets: The IZOD IndyCar Series is focused on communicating its brand by focusing on assets that are uniquely its own:

  • Speed – The IZOD IndyCar Series races faster and closer than any other form of motorsports.
  • Innovation – Pioneering inventions from the rear-view mirror to the SAFER Barrier.
  • Technology – With partners at Firestone, Honda and APEX Brasil, the IZOD IndyCar Series is constantly pursuing the advancement of motorsports by expanding the technology barrier.
  • Diversity – Both the venues and drivers are the most diverse mix in all of motorsports.
  • Green – The IZOD IndyCar Series is the first and only form of motorsport to race on 100 percent fuel-grade ethanol.