Showing posts with label Roger Penske. Show all posts
Showing posts with label Roger Penske. Show all posts

Saturday, 24 May 2025

NEWGARDEN PENSKE CREW WINS INDY 500 PIT STOP CHALLENGE

Doug Mathews/IMS Photo


Josef Newgarden and his No. 2 Team Penske-Chevrolet crew have earned Roger Penske his 20th victory in Carb Day’s traditional Pit Stop Challenge.

Newgarden and teammate Will Power will be starting the 109th Indianapolis 500 from the back row of the grid, but they can expect exemplary service from their pit crews, having created an all-Penske final for this year’s Pit Stop Challenge, with Newgarden’s No. 2 squad – consisting of Luke Mason, Chad Gordon, Clint Cummings, Keenan Watson, Sean O'Hara, Tom Jones, Caitlyn Brown and Shaun Rinaman – emerging ahead after a best-of-three finale.

In the first run of the finale, Power and his team got a drive-in, stop, and drive-out completed in 10.699s on the left-hand lane to beat the previous record for the competition, yet they were edged by Newgarden and crew who produced a 10.45. The drivers swapped lanes for Run 2, and Newgarden made the better getaway, but the No. 12 crew and Power produced a 10.5, edging their teammates by 0.2s.

However, Newgarden’s fastest time from Run 1 gave him lane choice for the third, and he elected to switch back to the right side. Power’s standing start put him slightly ahead, but Newgarden departed his pitbox in time to capture Penske’s 20th Pit Stop Challenge victory with a remarkable 10.263s stop, Power and his crew having produced 10.503s.

The competition started with Conor Daly getting a solo run, due to the absence of Graham Rahal following the RLL car’s engine failure in this morning’s Carb Day practice. Daly overshot his marks but his Juncos Hollinger Racing No. 76 crew got him going and together they sharpened up their act.

Next to roll were Andretti Global’s Colton Herta versus Nolan Siegel of Arrow McLaren, and Siegel got the jump but he skidded long into his box, allowing Herta to win by 3.5s with an 11.87.

Newgarden’s No. 2 Penske crew went up against Christian Rasmussen of Ed Carpenter Racing, and won with an 11.7s victory. The David vs Goliath theme continued with Alex Palou of Chip Ganassi Racing facing Rinus Veekay of Dale Coyne Racing. Both had issues, but Palou’s team predictably prevailed.

A second ECR entry was up next as Alexander Rossi faced up to RLL’s rookie Louis Foster. The arrival and stops were similar, but Rossi’s departure was swifter, to ensure Ed Carpenter’s team at least had one car through to Round 2. The final first round tussle saw Power’s No. 12 line up alongside Christian Lundgaard of McLaren. They were dead even departing but Power was more precise on his marks while Lundgaard slid slightly long, giving his right-rear tire changer an issue that knocked the No. 7 out of the competition.

His teammate Pato O’Ward had had a bye into Round 2, however, and so faced Daly who came up only two-tenths short of toppling the McLaren ace. To O’Ward’s ultimately misplaced pleasure, that ensured he’d take on Newgarden in Round 3, as the team/driver who edged him to Indy 500 victory last year set the fastest time yet, under 11.1s, to easily knock out Herta and crew.

The next pairing was an all-Ganassi affair, as Palou faced up to Scott Dixon’s No. 9 crew, who had gotten a bye. Palou made the better departure so arrived in the box sooner, but his car was dropped off the jacks before the left-rear changer had completed his task, causing a delay that allowed Dixon to win. The fourth semi-final went Penske’s way when Power departed slightly ahead of Rossi, whose issues were then compounded when his front-left rolled in front of his car, delaying his departure.

Penske’s No. 2 crew and Newgarden excelled themselves to deliver a 10.7 to defeat O’Ward’s still impressive 11.1 to reach the final, and Power made it an all-Penske affair by edging long-time rival Dixon by approximately quarter of a second.

- David Malsher-Lopez

Monday, 30 September 2024

MICHAEL ANDRETTI CEDES CONTROL OF ANDRETTI GLOBAL RACE TEAM


Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization while Andretti will stay on as a strategic adviser of the team he has led since 2002.

Andretti in early 2023 confirmed he had sold part of the company to Towriss, owner of Gainbridge and holding company Group 1001. Gainbridge is one of the largest sponsors in IndyCar and also sponsors Andretti driver Colton Herta's car.

The team has rapidly expanded with Towriss' influx of cash, and Towriss has been part of Andretti's push to join Formula 1. Andretti is still listed as CEO and chairman of Andretti Global, which is the name the team changed to when Towriss became part of the ownership group.

"Michael's goal has been to transition to a more strategic role with Andretti Global and focus less on the operational side of the race team," the team said in a Friday statement. "Michael and Dan Towriss have been working closely on developing this new structure, one which Michael is excited to see take shape under Dan's guidance.

"Michael remains engaged and will continue to serve as a strategic advisor and key ambassador."

The transition was first reported by Sportico, a publication owned by Roger Penske's son. Andretti and Penske have been at odds the entire season with Andretti complaining Penske was not spending enough to properly market the team and if he wasn't willing to pump in the needed cash, he said Penske should sell IndyCar and Indianapolis Motor Speedway.

The comments infuriated Penske, and his leadership group slowly began dealing more directly with Towriss. The amplification of the resentment between Andretti and Penske grew as the season went on and in late August, Andretti leadership noted there was a clear conflict of interest when Penske driver Josef Newgarden was not penalized for various maneuvers while winning at Gateway outside St. Louis.

Andretti Global said it would share more details of the changes "after Michael and Dan have had an opportunity to speak to the team."

Andretti Global fielded three IndyCar teams this season and won the season finale with Herta at Nashville Superspeedway. Andretti drivers have won the Indianapolis 500 five times.

It was not immediately clear what happens next with Andretti's ongoing effort to enter F1, which has been heavily blocked by both the owners of F1 and the majority of the 10 existing teams on the F1 grid. Liberty Media, which owns F1, has admitted it is under investigation by the Justice Department for possible anti-trust violations in not allowing Andretti into F1.

Andretti and his father, Mario, in 2021 formed a special purpose acquisition company (SPAC) that was separate from Andretti Global and called Andretti Acquisition. The SPAC was designed raise cash in an IPO to buy and take public another business.

Andretti in March closed a merger with Zapata Computing Holdings, a generative AI company. Andretti Global is Zapata's largest customer, while Zapata is a sponsor of the motorsports team.

Zapata, per filings, is paying Andretti Global $9 million under the agreements while Andretti Global is paying Zapata $6 million. The agreements expire at the end of 2024, per Sportico.

Michael Andretti holds nearly 13% of the diluted equity of Zapata.

- Associated Press