Cosworth’s new board additions highlight company’s growing ambitions

1 Comment

As Cosworth ramps up for a potential comeback to IndyCar as an engine manufacturer seeking to partner with an OEM, as MotorSportsTalk first reported on Wednesday, it’s worth noting they’ve still had an IndyCar presence.

Just not in the way most realize.

Cosworth Automotive CEO Hal Reisiger described the role Cosworth currently plays in IndyCar during my conversation with him earlier this week.

“It’s more related to electronics, and is regretfully one of the best-kept secrets and it shouldn’t be,” he said. “Through the new management team that has assembled an increased focus on the commercial side of the business, sales and marketing, hopefully those things won’t be secrets anymore.

“But we are the spec electronics on data acquisition. We provide the telemetry services and we’re talking about other extensions of that. We’re into another year of the program with the DW12, and we’re also contracted with Indy Lights.”

Indy Lights’ new car premieres in 2015, and will begin testing later this year.

Could Cosworth aero kits be part of the equation? Perhaps, but not likely; it would potentially be something an OEM partner would need to create for IndyCar down the road.

“I don’t know that the aero kit in particular is a direct core competency,” Reisiger explained. “We are certainly involved in wind tunnels and other technology that supports that development. But generally, you’ll find us more directly in powertrains and electronics.”

Cosworth, as a company, has made some key acquisitions in the personnel department to support Reisiger at the top. Recent additions to Cosworth’s board include ex-Williams chair Adam Parr, and head of motorsports marketing giant Just Marketing International, Zak Brown.

Reisiger’s two other shareholders, and Directors, are ex-Champ Car heads Kevin Kalkhoven and Jerry Forsythe, who took over the company several years ago.

Reisiger said those new additions come at a time that Cosworth is refocusing its business strategy and trying to present a new unified front.

“We’re going to focus on three core markets that I think are more aligned with our brand: that would be motorsports, automotive OEM and the aftermarket,” he explained.

“Technologies developed in any of those three could lend them being applicable to the other two. We have a synergy between the three, and you’ll see powertrain and electronic developments in all three.

“One of the changes I’ve made, the company has five operating corporations. But there was inefficient alignment with the markets. So I’ve created a global organization where there’s a global team, with focus and target in motorsport.”

Cosworth has major offices in Mooresville, N.C., Indianapolis, In. and Torrance, Calif. in the U.S., along with Cambridge and Northampton in England. Rather than looking at each as an individual market, Cosworth seeks to present itself as a global, united front.

A meeting next week will determine the next step of Cosworth’s possible IndyCar comeback trail, and whether it will continue on the path to completion, or veers off in another direction.

Zach Veach splits with Andretti Autosport for rest of IndyCar season

Gregory Shamus/Getty Images
Leave a comment

Zach Veach will be leaving his Andretti Autosport ride with three races remaining in the season, choosing to explore options after the decision was made he wouldn’t return for 2021.

In a Wednesday release, Andretti Autosport said a replacement driver for the No. 26 Dallara-Honda would be named in the coming days. The NTT IndyCar Series will race Oct. 2-3 at the Indianapolis Motor Speedway road course and then conclude the season Oct. 25 on the streets of St. Petersburg, Florida.

Veach was ranked 11th in the points standings through 11 races of his third season with Andretti. Since a fourth in the June 6 season opener at Texas Motor Speedway, he hadn’t finished higher than 14th.

“The decision was made that I will not be returning in 2021 with Andretti Autosport in the No. 26 Gainbridge car,” Veach said in the Andretti release. “This, along with knowing that limited testing exists for teams due to COVID, have led me to the decision to step out of the car for the remainder of the 2020 IndyCar season. I am doing this to allow the team to have time with other drivers as they prepare for 2021, and so that I can also explore my own 2021 options.

“This is the hardest decision I have ever made, but to me, racing is about family, and it is my belief that you take care of your family. Andretti Autosport is my family and I feel this is what is best to help us all reach the next step. I will forever be grateful to Michael and the team for all of their support over the years. I would not be where I am today if it wasn’t for a relationship that started many years ago with Road to Indy. I will also be forever grateful to Dan Towriss for his friendship and for the opportunity he and Gainbridge have given me.

“My love for this sport and the people involved is unmeasurable, and I look forward to continuing to be amongst the racing world and fans in 2021.”

Said team owner Michael Andretti: “We first welcomed Zach to the Andretti team back in his USF2000 days and have enjoyed watching him grow and evolve as a racer, and a person. His decision to allow us to use the last few races to explore our 2021 options shows the measure of his character.

“Zach has always placed team and family first, and we’re very happy to have had him as part of ours for so many years. We wish him the best in whatever 2021 may bring and will always consider him a friend.”

Andretti fields five full-time cars for Veach, Alexander Rossi, Ryan Hunter-Reay, Marco Andretti and Colton Herta.

It also has fielded James Hinchcliffe in three races this season.