IndyCar Introduces 2025 Charter System

The NTT IndyCar Series has announced the introduction of a new charter system for the 2025 season, modeled after NASCAR's system. This system guarantees entry into all races except the Indianapolis 500 for teams holding one of the 25 charters distributed among 10 teams, with a maximum of three charters per team. The charter arrangement provides economic stability and increased value for team owners, allowing them to sell their charters. The charter system agreement will last until 2031 and makes teams eligible for the Leaders Circle program, which awards $1 million to the top 22 finishers. Notably, this move aligns with Roger Penske's vision for the future of the series and follows a collaborative effort among team owners. Chip Ganassi calls it a monumental moment for IndyCar, enhancing the sport's long-term stability and growth.