de Ferran Dragon Racing have announced that eventually the team will not be able to participate in the 2011 IZOD IndyCar Series after failing to find the required sponsorship to compete. As an immediate effect, team closed its racing operations, spreading huge disappointment not only among the personnel and everyone involved within the team but also among Kanaan's and team's supporters.
When the 2011 IZOD Indycars schedule was announced there was one last thing to arrange.
That was the location of last round race and that question remained a puzzle until INDYCAR CEO Randy Bernard announced that the race will finally take place at Las Vegas Motor Speedway.
Almost after two long years, Tony George has been returned into the board of his , the Hulman & Company that funds and administers IMS, the IndyCar Series and Clabber Girl Baking Powder.
It’s believed that it was his mother, Mari Hulman George, board chairwoman for Hulman & Company who made the call to bring her son back into the family bushiness, but her decision won't bring Tony back into the daily management of INDYCAR, while he tried unsuccessfully to purchase his family racing businness recently.
In a period that sponsorship is so valuable in the IZOD Indycars, Penske Racing announced the expansion of its title sponsors after a mutl-year deal of partnership with PPG Industries and Guidepoint Systems.
