The post New Indy Car And Independent Officiating Update From IndyCar President appeared on BitcoinEthereumNews.com. IndyCar President and Indianapolis Motor Speedway President Doug Boles IndyCar Photo One of the major initiatives in IndyCar is the development of a new car to replace the current model that dates all the way back to 2012. During an IndyCar test session at the Indianapolis Motor Speedway on Tuesday, October 21, IndyCar President Doug Boles gave a brief update on the progress of the car that is expected to be ready for the 2028 NTT IndyCar Series season. “We gave the team owners sort of that initial look at the car in October of last year and then had another opportunity to have team owners and actually team managers take a look at it here over the last couple weeks,” Boles said. “I think we’ll get it finalized in a sense, where we can really be public with it, hopefully, before Q1 (first quarter) of next year. Hopefully sometime in Q1 next year we’ll actually get a chance to physically have a car for people to see, touch and feel. “Then hopefully start testing this sometime next summer.” Pato O’Ward in the current Indy car at the Indianapolis Motor Speedway on October 21, 2025. IndyCar Photo Fans, media and the teams believe IndyCar needs to have a new car on track to replace the current model that just completed its 14th season of competition in 2025. The current car has had several different iterations of bodywork, but the tub and other components have remained the same since 2012. Update On Independent IndyCar Officiating Body Another major project for IndyCar is a new, independent officiating body to take over the duties currently held by IndyCar staff. It became a major point of contention after two Team Penske cars failed pre-qualifying inspection for the 109th Indianapolis 500 which prevented two of… The post New Indy Car And Independent Officiating Update From IndyCar President appeared on BitcoinEthereumNews.com. IndyCar President and Indianapolis Motor Speedway President Doug Boles IndyCar Photo One of the major initiatives in IndyCar is the development of a new car to replace the current model that dates all the way back to 2012. During an IndyCar test session at the Indianapolis Motor Speedway on Tuesday, October 21, IndyCar President Doug Boles gave a brief update on the progress of the car that is expected to be ready for the 2028 NTT IndyCar Series season. “We gave the team owners sort of that initial look at the car in October of last year and then had another opportunity to have team owners and actually team managers take a look at it here over the last couple weeks,” Boles said. “I think we’ll get it finalized in a sense, where we can really be public with it, hopefully, before Q1 (first quarter) of next year. Hopefully sometime in Q1 next year we’ll actually get a chance to physically have a car for people to see, touch and feel. “Then hopefully start testing this sometime next summer.” Pato O’Ward in the current Indy car at the Indianapolis Motor Speedway on October 21, 2025. IndyCar Photo Fans, media and the teams believe IndyCar needs to have a new car on track to replace the current model that just completed its 14th season of competition in 2025. The current car has had several different iterations of bodywork, but the tub and other components have remained the same since 2012. Update On Independent IndyCar Officiating Body Another major project for IndyCar is a new, independent officiating body to take over the duties currently held by IndyCar staff. It became a major point of contention after two Team Penske cars failed pre-qualifying inspection for the 109th Indianapolis 500 which prevented two of…

New Indy Car And Independent Officiating Update From IndyCar President

IndyCar President and Indianapolis Motor Speedway President Doug Boles

IndyCar Photo

One of the major initiatives in IndyCar is the development of a new car to replace the current model that dates all the way back to 2012. During an IndyCar test session at the Indianapolis Motor Speedway on Tuesday, October 21, IndyCar President Doug Boles gave a brief update on the progress of the car that is expected to be ready for the 2028 NTT IndyCar Series season.

“We gave the team owners sort of that initial look at the car in October of last year and then had another opportunity to have team owners and actually team managers take a look at it here over the last couple weeks,” Boles said. “I think we’ll get it finalized in a sense, where we can really be public with it, hopefully, before Q1 (first quarter) of next year. Hopefully sometime in Q1 next year we’ll actually get a chance to physically have a car for people to see, touch and feel.

“Then hopefully start testing this sometime next summer.”

Pato O’Ward in the current Indy car at the Indianapolis Motor Speedway on October 21, 2025.

IndyCar Photo

Fans, media and the teams believe IndyCar needs to have a new car on track to replace the current model that just completed its 14th season of competition in 2025. The current car has had several different iterations of bodywork, but the tub and other components have remained the same since 2012.

Update On Independent IndyCar Officiating Body

Another major project for IndyCar is a new, independent officiating body to take over the duties currently held by IndyCar staff. It became a major point of contention after two Team Penske cars failed pre-qualifying inspection for the 109th Indianapolis 500 which prevented two of the three entries from making a final qualification attempt in the Fast 12.

IndyCar, the Indianapolis Motor Speedway and Team Penske are all owned by Roger Penske. Although Penske is not involved in any officiating calls and strong denies exerting influence over those decisions, Penske and Boles believe transparency is important. That is why IndyCar is moving to an independent officiating group.

“One of the things we talked about in May is that we definitely got to get to a point where we have some sort of level of independent officiating to remove some of that, the optics challenges that I think we’ve all had,” Boles explained. “We’ve got three or four options.

“We’ve talked to the teams, about three of them. We’ve added another option since then. I think we’ll have to make that decision here in the next few weeks, because we have to be able to put that in place, to be able to have it ready to go on March 1, when we start racing to St Petersburg.

“We’ve come a long way. A lot of great options, a lot of great input from the teams, a lot of great input, frankly, from other series.

“We’ve talked to the FIA, we’ve talked to the ACCUS folks (The Automobile Competition Committee for the United States), we’ve talked to other series on what works and what doesn’t work.

“The challenge for us is, let’s just put something together that we all feel comfortable with, and even if it’s independent and at some level, we can refine it as we go forward. That may be where we go, but I feel pretty good about.”

An IndyCar on the tech pad during IndyCar technical inspection.

IndyCar Photo by Karl Zemlin

A new Indy car and a new independent officiating crew are two major developments for IndyCar moving forward to create more interest and greater integrity.

Source: https://www.forbes.com/sites/brucemartin/2025/10/22/new-indy-car-and-independent-officiating-update-from-indycar-president/

Market Opportunity
Indigo Protocol Logo
Indigo Protocol Price(INDY)
$0.2691
$0.2691$0.2691
-2.18%
USD
Indigo Protocol (INDY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Robert W. Baird & Co. Discloses Core AI Design Parameters and Launches Public Testing of Baird NEUROFORGE™ Equity AI

Robert W. Baird & Co. Discloses Core AI Design Parameters and Launches Public Testing of Baird NEUROFORGE™ Equity AI

New York, United States (PinionNewswire) — Robert W. Baird & Co. (“Baird”) today announced the public disclosure of selected core system design parameters of its
Share
AI Journal2025/12/23 02:16
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44