David Malukas to Replace Will Power at Team Penske in 2026 Season

Will Power, a two-time IndyCar champion and long-time Team Penske driver, is leaving the team after the 2025 season due to delayed contract negotiations and the team's decision to sign the younger David Malukas. Malukas, 23, who recently finished second in the 2025 Indianapolis 500 driving for A.J. Foyt Racing, has signed a multiyear contract to drive the No. 12 Verizon Chevrolet for Team Penske starting in 2026. Team owner Roger Penske expressed confidence in Malukas's ability to continue the legacy of the No. 12 car, while Power acknowledged understanding Penske's vision to bring in younger talent for the future. Power will move to Andretti Global, replacing Colton Herta, while Malukas will make his debut with Penske at the 2026 season opener. Malukas has shown promise with several podiums and top-ten finishes despite not yet having an IndyCar win, making him a rising star expected to handle the pressure of his new role. The transition marks a significant shift for Team Penske as it looks to the future with a fresh driver lineup.