IndyCar Secures Future with Chevrolet and Honda Contract Extensions

IndyCar has officially announced contract extensions with both Chevrolet and Honda, ensuring their continued participation in North America's open-wheel racing series. The new agreements, revealed on Thursday, put to rest speculation regarding Honda's future in the series, as its previous contract was set to expire at the end of the 2026 season. Both manufacturers will begin their multi-year contracts in 2027, with provisions allowing them to own a charter starting in the 2028 season, coinciding with the introduction of a new car.

Associated Press

Chevrolet has been a prominent player in IndyCar since its return in 2012, securing nine championships out of 14 seasons. Overall, it has claimed 16 titles throughout the series' history. Honda, which entered IndyCar competition in 1994, has been a key engine supplier for over 30 years, achieving its 11th manufacturers' title last season and winning five championships in the last eight years. The long-standing involvement of both manufacturers underscores their commitment to the series and its competitive landscape.

Associated Press

The contract extensions are expected to enhance the development of engines and competition rules for the upcoming new car in 2028. J. Douglas Boles, president of IndyCar, emphasized the importance of these partnerships, stating that both manufacturers have shown a strong commitment to the sport and its future. The charter system, initially announced in late 2024, allows teams to hold up to three charters, with the new agreements preventing teams from adding a fourth car through Chevrolet or Honda.

Associated Press

David Salters, president of Honda Racing Corporation USA, remarked on the significance of the extensions, stating, “This longstanding commitment strengthens our ability to allow us to further develop our people and technology at the pinnacle of open-wheel racing in North America.” Mark Reuss, President of General Motors, highlighted Chevrolet's ongoing relationship with IndyCar, noting that the extension will facilitate further technological advancements and growth within the series.

Associated Press

While Chevrolet had no plans to exit the series, there were concerns regarding Honda's potential departure, which could have affected the competitive balance in IndyCar. The successful renewal of Honda's contract alleviates these concerns and reinforces the stability of the series.

Associated Press

The 2026 IndyCar season is set to commence on March 1 in St. Petersburg, Florida. As both Chevrolet and Honda prepare for their extended roles, the focus will shift towards the development of the new car and the implementation of updated competition rules, marking a new chapter for IndyCar racing.

Associated Press

• “As charter entrants in 2028, Chevrolet and Honda now have a new and exciting opportunity to build on their incredible legacies across IndyCar Series racing, while continuing their strong relationships with our current roster of teams and helping deliver an innovative and industry leading new car in 2028,” — J. Douglas Boles, President of IndyCar

Associated Press

• “This longstanding commitment strengthens our ability to allow us to further develop our people and technology at the pinnacle of open-wheel racing in North America,” said David Salters, president of Honda Racing Corporation USA.” — David Salters, President of Honda Racing Corporation USA

Associated Press

• “Chevrolet has enjoyed a long, successful relationship with IndyCar as an engine manufacturer, and this extension paves the way for the IndyCar Series to continue to grow and for us to further maximize technology transfer from race to road,” — Mark Reuss, President of General Motors

Associated Press