INDIANAPOLIS, INDIANA - AUGUST 12: Graham Rahal driver of the #15 Code 3​ Rahal Letterman Lanigan Racing Honda drives during the NTT IndyCar Series Gallagher Grand Prix at Indianapolis Motor Speedway on August 12, 2023 in Indianapolis, Indiana. (Photo by Meg Oliphant/Getty Images) | Getty Images
INDIANAPOLIS, INDIANA - AUGUST 12: Graham Rahal driver of the #15 Code 3​ Rahal Letterman Lanigan Racing Honda drives during the NTT IndyCar Series Gallagher Grand Prix at Indianapolis Motor Speedway on August 12, 2023 in Indianapolis, Indiana. (Photo by Meg Oliphant/Getty Images) | Getty Images

IndyCar implements charter system

INDYCAR confirmed today the establishment of a charter system across the NTT INDYCAR SERIES. In total, owners of 10 teams have accepted charters for 25 entries competing in North America’s premier open-wheel racing series, beginning immediately.

“This is an important development that demonstrates an aligned and optimistic vision for the future of our sport,” Penske Entertainment Corp. President and CEO Mark Miles said. “I want to extend my sincere appreciation to our team owners for their collaboration and ideation throughout this process. Ultimately, we’re pleased to have a system in place that provides greater value for our ownership and the entries they field.”

This is the first charter system to be introduced in the history of the NTT INDYCAR SERIES. A chartered entry is guaranteed a starting position on the grid at all NTT INDYCAR SERIES races, excluding the Indianapolis 500 presented by Gainbridge. An entry also must be chartered to qualify for the annual NTT INDYCAR SERIES Leaders Circle program – an annual award program that compensates the 22 top finishers in the prior year’s NTT INDYCAR SERIES championship. The terms of the initial, long-term charter agreements are committed through the end of 2031.

Chartered 2025 INDYCAR Teams

NTT INDYCAR SERIES Team Entries
A.J. Foyt Enterprises 2
Andretti Global 3
Arrow McLaren 3
Chip Ganassi Racing 3
Dale Coyne Racing 2
Ed Carpenter Racing 2
Juncos Hollinger Racing 2
Meyer Shank Racing 2
Rahal Letterman Lanigan Racing 3
Team Penske 3

Charters were extended to team owners based on full-time entries over the previous two seasons, with a maximum of three awarded per team.

— IndyCar —