Indy set for upgrades with legislation approval

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A bill that would help fund improvements to the legendary Indianapolis Motor Speedway has been approved by the Indiana General Assembly and is now heading for the desk of Gov. Mike Pence.

House Bill 1544, which has passed through the Indiana House and Senate, calls for the creation of an Indiana Motorsports Investment District that will capture sales and income taxes at the commercial property that includes IMS, which will then go toward future investment in the Speedway.

According to the legislation, the track will receive a loan from the state of Indiana for up to $5 million per year for 20 years to complete upgrade projects, and the loan will be repaid through expected increases in income and sales tax collections at IMS — which will kick in $2 million a year over 20 years ($40 million total) themselves toward the improvements.

“We appreciate the hard work done by state lawmakers to ensure Indiana remains the worldwide leader in motorsports,” Indianapolis Motor Speedway Corporation president/CEO Jeff Belskus said in a statement. “This legislation will allow us to make transformative improvements to our 104-year-old facility over the next several years that will greatly enhance the fan experience.”

In addition, the bill also creates a special fund for motorsports-based businesses in Indiana to apply for loans that can help them improve their own facilities. The state will provide up to an additional $5 million annually to the fund, which will be run by the Indiana Economic Development Corporation.

The legislation was introduced into the Indiana General Assembly in February. A Feb. 8 press release from IMS stated potential projects that could occur thanks to the legislation, such as the installation of lights, adding high-definition video boards, and seating and restroom upgrades.

IndyCar’s 2018 full-field grid nearing completion

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Following Wednesday’s confirmation of the all-Canadian tandem at Schmidt Peterson Motorsports, each of the eight full-time teams in the 2017 Verizon IndyCar Series season have announced at least one driver for 2018, leaving very few remaining question marks.

What stands confirmed is below:

CONFIRMED

  • Team Penske (3, Chevrolet): Josef Newgarden, Simon Pagenaud, Will Power
  • Chip Ganassi Racing (1, Honda): Scott Dixon
  • Andretti Autosport (4, Honda): Ryan Hunter-Reay, Alexander Rossi, Marco Andretti, Zach Veach
  • Rahal Letterman Lanigan Racing (2, Honda): Graham Rahal, Takuma Sato
  • Schmidt Peterson Motorsports (2, Honda): James Hinchcliffe, Robert Wickens
  • Ed Carpenter Racing (2, Chevrolet): Spencer Pigot, Ed Carpenter (ovals)
  • A.J. Foyt Enterprises (1, Chevrolet): Tony Kanaan
  • Dale Coyne Racing (1, Honda): Sebastien Bourdais
  • Harding Racing (1, Chevrolet): Gabby Chaves

There are four additional drivers confirmed for selected races or an month of May program:

  • Team Penske (1, Chevrolet): Helio Castroneves
  • Andretti Autosport (1, Honda): Stefan Wilson
  • Calmels Sport with SPM (1, Honda): Tristan Gommendy
  • Team TBD (1, TBD): Kyle Kaiser

All told that’s 17 full-season driver and team combinations confirmed and four additional part-time programs, at least, that are set. Several of those driver/team combinations will have engineering and strategist changes, as well.

In a minor note since our last update at Sonoma, Marco Andretti confirmed he won’t run No. 27 next year. Of note, Bryan Herta served as Andretti’s race strategist this year, although the car he was an entrant on was Alexander Rossi’s No. 98 car. Herta will continue his relationship with Andretti Autosport again next season.

WHAT’S LEFT TO SORT? NOT MUCH

Elsewhere, there’s only a handful of remaining question marks as the series hits mid-October, a rarity from past years and an illustration of the urgency to fill seats to get as much preparation time in testing with the new 2018 Dallara universal aero kit as possible.

NBC Sports expects 2016 Indy Lights champion and 2017 IndyCar rookie-of-the-year Ed Jones to be confirmed soon as second driver in Dale Coyne Racing’s No. 19 Honda alongside Sebastien Bourdais, with team personnel and Bourdais both having indicated a preference in keeping the Dubai-based Brit for a second year.

NBC Sports also expects Jones’ successor as Indy Lights champion, Kyle Kaiser, to have his future announced shortly in terms of which team he’ll step up to IndyCar with. It would not be a surprise if Kaiser does graduate along with Juncos Racing, although Kaiser is known to have talked to multiple teams. The Mazda Motorsports scholarship nets him $1 million for a three-race program, including the 102nd Indianapolis 500, with the driver then needing to secure additional funding for further races, as Jones and Pigot both have each of the last two years.

The status of Brendon Hartley has now been thrown up as a slight question mark dependent on how his Formula 1 debut with Scuderia Toro Rosso goes at this weekend’s United States Grand Prix, and if Toro Rosso provides him a further race opportunity in one of the remaining three Grands Prix thereafter. Having been all-but-earmarked for Chip Ganassi Racing’s second seat in 2018, if an F1 offer comes, Hartley’s potential IndyCar bow could get delayed.

A McLaren-named entry competing either in the Indianapolis 500 or full-time seems further off than realistic for next year, McLaren’s Zak Brown told reporters on a teleconference this week. McLaren maintains an IndyCar technical presence though, via its McLaren Applied Technologies outfit.

What’s left then are the dominoes of whether Carlin’s IndyCar plans officially come to fruition as the team has gotten closer than it ever has to doing so, and who emerges in the second seats at A.J. Foyt Enterprises and Ed Carpenter Racing (road and street courses), respectively.

A number of young IndyCar veterans – Max Chilton, Charlie Kimball, Carlos Munoz and Conor Daly namely – are yet to land for 2018 and there’s no guarantee all four of them will be back in IndyCar next season.

There’s also a handful of young drivers, namely RC Enerson, Jack Harvey, Esteban Gutierrez, Santiago Urrutia, Zachary Claman DeMelo, Sage Karam and Matthew Brabham among others, who could well emerge in the frame for seats.

Gutierrez’s status seemed dependent on Mexico City being added to the 2018 calendar, and although the race still could be added, the fact neither is in place at this point doesn’t inspire as much confidence about his presence as a regular on the grid as it did earlier this summer.

All told, there’s not nearly that much to sort out as IndyCar’s grid for 2018 is looking very much close to set at this early stage of a long offseason.