Panther Racing IndyCar team assets to be auctioned off

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If you’re a big fan of the former Panther Racing IndyCar team and have a fat wallet, plenty of space on your credit card or a well-stocked checkbook, you might want to break them out.

Assets of the now defunct team are set to be auctioned off on July 23 by Key Auctions, according to a Thursday story by the Indianapolis Business Journal.

Among items on the block include a pair of 2011 IndyCar race cars, as well as the car Sam Hornish Jr. drove to victories at both Chicago and Fontana in 2003.

Hornish’s finish at Chicago marked the closest three-car finish in series history, while the Fontana race was the fastest in series history, as well, according to Key Auctions’ web site.

Winning trophies for those races will be sold with the car, as well.

Also up for auction are show cars, a motor home, computers, trailers and transporters and other associated equipment.

Panther was formed in 1997 by a group that included former Indianapolis Colts quarterback and now San Francisco 49ers head coach Jim Harbaugh, along with several other investors including current Indianapolis Motor Speedway president Doug Boles.

Panther quickly achieved significant success, including winning back-to-back championships (2001-02) in the then-Indy Racing League (now Verizon IndyCar Series), as well as runner-up finishes in the Indianapolis 500 from 2008 through 2011.

Not only did the organization start Hornish on his way to becoming both a IRL series and Indianapolis 500 champion, it also gave the late Dan Wheldon his first IndyCar ride late in the 2002 campaign.

In-person bidding begins at 10 am ET on July 23 at Panther’s former headquarters, 5740 Decatur Road, Indianapolis – just south of Indianapolis International Airport.

In-person inspection will be held one day earlier at the facility.

Potential bidders can also make offers online.

Click here to see the items to be auctioned on Key Auctions’ web site. The list of available items is both long – and sad to see, given all that Panther Racing accomplished in a relatively short period of time.

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Formula One: Recapping the past week’s news

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While the FIA Formula 1 World Championship is still two months away from beginning its 2018 season, this past week did bring about news items that filled out the 2018 grid and shed some light on individual team and car launches as the season-opening Australian Grand Prix draws closer.

Below is a recap of F1 news from this past week:

Williams Signs Sirotkin for 2018 Drive, Names Kubica as Reserve Driver

The saga of the second seat at Williams Martini Racing was finally resolved early on in the week, with former Renault Sport F1 Team test driver Sergey Sirotkin officially confirmed as a teammate to the incumbent Lance Stroll in 2018.

The announcement concluded months of speculation that saw multiple drivers test for the team in an auditioning capacity. Most notably, Robert Kubica looked to be a main contender for the seat before Sirotkin emerged as the favorite.

However, Kubica, who has not raced in Formula 1 since a devastating rally accident in 2011 left him with brutal injuries to his right arm, was named as a reserve and development driver for the team.

This announcement also completes the 2018 Formula 1 driver lineup, with all 11 teams having their seats now filled. Among those who were left without F1 drives are Paul Di Resta, who drove for Williams at the Hungarian Grand Prix in relief of Felipe Massa and even tested with them during the Winter months, and Antonio Giovinazzi, who filled in for Pascal Wehrlein at the Australian and Chinese Grands Prix.

Former Red Bull Racing and Scuderia Toro Rosso driver Daniil Kvyat is also without a race seat for 2018, but did sign on with Scuderia Ferrari as a development driver.

Mercedes, McLaren Reveal Dates for Their 2018 Car Launches

While most teams have not yet released dates for when their 2018 cars will be publicly launched, three notables have.

Mercedes AMG Petronas will introduce its 2018 challenger on February 22nd, the same day Ferrari is doing so, while McLaren will unveil its car one day later on the 23rd.

Testing will commence on February 26th at Circuit de Catalunya.

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