IndyCar: Pagenaud has to weigh his options carefully for 2015 and beyond

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As the marquee free agent in the Verizon IndyCar Series for 2015, Frenchman Simon Pagenaud has to weigh his options carefully for next year, all while maintaining focus on his current championship charge in 2014.

Pagenaud will be at the end of his three-year contract with Schmidt Peterson Motorsports at the end of the year. The team has improved by leaps and bounds over this period.

Led by team manager Rob Edwards, with engineer Ben Bretzman, Pagenaud has thrived first as a rookie-in-name-only during the 2012 season as the only car on a single car team. There were several podiums, season rookie-of-the-year honors and fifth place in the points.

Come 2013, Pagenaud made it up to third in points and bagged his first two wins and the team expanded to two cars with Indy Lights champion Tristan Vautier advancing. But Vautier, despite occasional flashes of promise, generally struggled and the chemistry with Pagenaud was nearly nonexistent as the year went on.

The call to bring in Russian rookie Mikhail Aleshin alongside for 2014 came slightly out of left field, but Aleshin has been one of the pleasant surprises of the year thus far. According to Edwards, in a blog written by veteran motorsports journalist Gordon Kirby, the chemistry is much improved this year as Pagenaud and Aleshin have clicked much better.

“This year Mikhail is on the same learning curve on ovals,” Edwards said. “But the chemistry between Simon and him is really strong and Simon has helped him with that as someone who’s been through it recently. Also, I think we understand how to bring someone through that in an Indy car on an oval having gone through that learning curve recently with Simon. Mikhail has showed he’s a fast driver. His goal this year is to show consistency and to learn ovals.”

Edwards praises Pagenaud’s leadership.

“Simon does a very good job of getting the team around him. When we do well, we do well together, and when we struggle, we struggle together. He’s in the middle of it, working to figure out how to sort it out. He’s very meticulous, very detail-oriented.”

And leadership is a word that should not be taken lightly when it comes to Pagenaud’s future beyond this year.

If Pagenaud was to shift to Andretti Autosport – as is possible given certain rumors – he’d be at direct loggerheads with Andretti’s generally accepted team leader, Ryan Hunter-Reay.

Generally, a team can only have one alpha dog, and the thing that has brought Andretti Autosport back from the doldrums of 2008 through 2010 more than anything has been the chemistry between drivers Hunter-Reay, Marco Andretti and James Hinchcliffe and their respective crews.

As a fifth entry, Pagenaud would enhance what’s already a quality operation, but he’d definitely upset the status quo. As a fourth – possibly replacing Hinchcliffe, who’s only on a one-year deal for 2014 with a team option for 2015 – he’d be an upgrade over the popular, quick but inconsistent “Hinch.”

The decision could also come down to which team Honda prefers Pagenaud race with. Pagenaud’s history with Honda/Acura is well documented and with Chip Ganassi Racing having switched from Honda to Chevrolet this year, Andretti Autosport has become the “de facto” lead Honda squad. Meanwhile Pagenaud is viewed by many in the IndyCar paddock as Honda’s lead driver.

For competitive balance in the series, Pagenaud at SPM is better than one of the three established “power teams” gaining another superstar. And while Andretti, Hinchcliffe and Carlos Munoz are all very, very good shoes, Pagenaud is a cut above all three of them at the moment. He’s not quite on par with Hunter-Reay, but he’s damn close.

That said, a Pagenaud switch could open the door at SPM for another talented veteran currently stuck in the midpack – think a Justin Wilson type if he was to become available.

As it is, Pagenaud will have to strike the delicate balance for the rest of 2014 between figuring out his own future and trying to hunt down the Team Penske trio – and Hunter-Reay – for the IndyCar title. He currently sits fourth in points, 50 behind points leader Helio Castroneves, heading to Toronto next weekend.

Street race in Vietnam could lead Formula One’s Asia expansion

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TOKYO (AP) — Formula One is expected to add more races in Asia, including a street circuit in the capital of Vietnam, a country with little auto racing history that is on the verge of getting a marquee event.

“We think Hanoi could come on in the next couple of years, and we’re working with the Hanoi government to that end,” Sean Bratches, Formula One’s managing director of commercial operations, told the Associated Press.

There is even speculation it could be on the schedule next season, which Bratches rebuffed.

Vietnam would join countries like Azerbaijan, Russia and Bahrain, which have Grand Prix races, little history in the sport, and authoritarian governments with deep pockets that serve F1 as it tries to expand into new markets.

“This (Hanoi) is a street race where we can go downtown, where we can activate a large fan base,” Bratches said. “And you have extraordinary iconography from a television standpoint.”

A second race in China is also likely and would join Shanghai on the F1 calendar. Bratches said deciding where to stage the GP will “be left to local Chinese partners” – Beijing is a strong candidate.

Bratches runs the commercial side of Formula One, which was acquired last year by U.S.-based Liberty Media from long-time operator Bernie Ecclestone.

Formula One’s long-term goal is to have 24-25 races – up from the present 21 – and arrange them in three geographical segments: Asia, Europe and the Americas. Bratches said the Europe-based races would stay in middle of the calendar, with Asia or the Americas opening or ending the season.

He said their positioning had not been decided, and getting this done will be slowed by current contracts that mandate specific places on the calendar for several races. This means eventually that all the races in Asia would be run together, as would races in Europe and the Americas.

The F1 schedule is now an inefficient jumble, allowing Bratches to take a good-natured poke at how the sport was run under Ecclestone.

“We’ve acquired an undermanaged asset that’s 67-years-old, but effectively a start-up,” Bratches said.

Early-season races in Australia and China this year were conducted either side of a trip to Bahrain in the Middle East. Late in the season Formula One returns to Asia with races in Japan and Singapore.

The Canadian GP this season is run in the middle of the European swing, separated by four months from the other races in the Americas – the United States, Mexico and Brazil. These three are followed by the season-ending race in Abu Dhabi, which means another trip across the globe.

“With the right economics, with the right structure and cadence of events across territories, 24 or 25 is probably where we’d like to be from a longer-term standpoint,” Bratches said.

Big changes are not likely to happen until the 2020 season ends. This is when many current rules and contracts expire as F1’s new owners try to redistribute some income to allow smaller teams to compete.

“There’s more interest than we have capacity in the schedule,” Bratches said, firing off Berlin, Paris or London as potentially attractive venues. “We want to be very selective.”

“Those cites from an economic impact standpoint would find us value, as do others around the world,” Bratches added. “It’s very important for us as we move forward to go to locations that are a credit to the Formula One brand.”

An expanded schedule would have to be approved by the teams, which will be stretched by the travel and the wear-and-tear on their crews. The burden will fall on the smaller teams, which have significantly smaller revenue compared with Ferrari, Mercedes or Red Bull.

Bratches also envisions another race in the U.S., joining the United States Grand Prix held annually in Austin, Texas. A street race in Miami is a strong candidate, as are possible venues like Las Vegas or New York.

“We see the United States and China as countries that could support two races,” he said.

Liberty Media has reported Formula One’s total annual revenue at $1.8 billion, generated by fees paid by promoters, broadcast rights, advertising and sponsorship. Race promotion fees also tend to be higher in Asia, which makes the area attractive – along with a largely untapped fan base.

In a four-year cycle, F1 generates more revenue than FIFA or the International Olympic Committee, which rely almost entirely on one-time showcase events.

Reports suggest Vietnamese promoters may pay between $50-60 million annually as a race fee, with those fees paid by the government. Bratches said 19 of 21 Formula One races are supported by government payments.

“The race promotion fee being derived from the government … is a model that has worked historically,” Bratches said.