Andretti confirms Amlin partnership for second season of Formula E - MotorSportsTalk

The Andretti Formula E team has entered into partnership with Amlin for the second season of the FIA Formula E Championship.

Amlin, formerly with Aguri, has now shifted teams. TE Connectivity, which ran on the Andretti FE cars at the London season finale earlier this summer, has also taken on a greater sponsorship role.

Drivers are yet to be revealed, but are expected to include two of the drivers who competed for Andretti FE in the inaugural 2014-2015 season.

The full release confirming both the Amlin and TE Connectivity components is below:

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Andretti Formula E has announced today that the racing outfit has partnered with UK-based, global insurance and reinsurance provider to return Amlin to the FIA Formula E Championship for a second season of competition and beyond.

“I couldn’t be more excited about Andretti Formula E’s season two plans,” said team owner Michael Andretti. “Amlin has done a great job building their brand across various platforms, and has shown a passion for motorsport; we look forward to what the new relationship can bring.”

With global headquarters in London, Amlin’s multi-year alignment as the primary sponsor for Andretti Formula E seeks to push the boundaries in motorsport; calling on both companies’ shared common values of integrity and professionalism.

Amlin CEO Charles Philipps said, “Amlin and Andretti were quick to spot the potential of Formula E. Both organizations are data driven and tech-focused, meaning there is much to look forward to over the coming seasons. Amlin’s global strength in data analysis and our long-term view of business means fits well with this series and combined with Andretti’s excellent motorsport pedigree means we are looking forward to a fantastic few years.”

A natural fit, the relationship between Amlin and Andretti goes beyond a sponsorship agreement. Uniquely in the racing series, experts from Amlin’s insurance modelling and analytics team will be working with the Andretti Formula E race engineers to develop an in-depth understanding of what the capabilities of the new Andretti ATEC-01 car and how the team can maximize performance in the first season of allowed opportunity in open technology development amongst the teams and new eMotor manufacturers.

Official pre-season testing goes green August 10 with six official series test days prior to the Championship’s 2015/2016 launch. The second season of the FIA Formula E Championship begins in Beijing on October 17, 2015 and runs through to the season finale double-header in London, for a total of 11 rounds of electrifying competition. For more information, visit AndrettiAutosport.com or Amlin-AndrettiFE.com.

Andretti Relationship with TE Connectivity Expands to Include Major Formula E Sponsorship

In addition to being on the frontline of new eMotor tech development and serving as the lead technology partner for Andretti Technologies, TE Connectivity, a global leader in connectivity and sensor solutions, is now also the major sponsor for the Andretti Formula E Race Team. The venture into race team sponsorship furthers TE’s commitment to sustainable, clean-energy innovations.

Integration and collaboration between the two companies will utilize TE Connectivity technology and engineering support within the Andretti Technologies ATEC-01’s powertrain development program that will be driven by Andretti Formula E in this second season of competition.

“TE’s connectivity and sensor solutions powered every Formula E car in its inaugural season,” said Amy Shah, Chief Marketing Officer of TE Connectivity. “We are committed to advancing technologies that are smart, safe, green and connected. This series has the potential to influence and create sustainable, next-generation technologies that extend beyond motorsport. We are proud to expand our relationship with the Andretti organization, a team that shares our passion for advanced engineering and innovation.”

The TE Connectivity orange branding can be seen on the Amlin Andretti Formula E cars at upcoming pre-season testing prior to the Championship’s 2015/2016 launch. The second season of the FIA Formula E Championship begins in Beijing on October 17, 2015 and runs through to the season finale double-header in London, for a total of 11 rounds of electrifying competition. For more information, visit AndrettiAutosport.com or Amlin-AndrettiFE.com.

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INDIANAPOLIS — The first Indy 500 victory for Josef Newgarden also was the richest in race history from a record 2023 purse of just more than $17 million.

The two-time NTT IndyCar Series champion, who continued his celebration Monday morning at Indianapolis Motor Speedway earned $3.666 million for winning the 107th running of the Greatest Spectacle in Racing.

The purse and winner’s share both are the largest in the history of the Indianapolis 500.

It’s the second consecutive year that the Indy 500 purse set a record after the 2022 Indy 500 became the first to crack the $16 million mark (nearly doubling the 2021 purse that offered a purse of $8,854,565 after a crowd limited to 135,000 because of the COVID-19 pandemic).

The average payout for IndyCar drivers was $500,600 (exceeding last year’s average of $485,000).

Indianapolis Motor Speedway owner Roger Penske, whose team also fields Newgarden’s No. 2 Dallara-Chevrolet, had made raising purses a priority since buying the track in 2020. But Penske but was unable to post big money purses until the race returned to full capacity grandstands last year.

The largest Indy 500 purse before this year was $14.4 million for the 2008 Indy 500 won by Scott Dixon (whose share was $2,988,065). Ericsson’s haul made him the second Indy 500 winner to top $3 million (2009 winner Helio Castroneves won $3,048,005.

Runner-up Marcus Ericsson won $1.043 million after falling short by 0.0974 seconds in the fourth-closest finish in Indy 500 history.

The 107th Indy 500 drew a crowd of at least 330,000 that was the largest since the sellout for the 100th running in 2016, and the second-largest in more than two decades, according to track officials.

“This is the greatest race in the world, and it was an especially monumental Month of May featuring packed grandstands and intense on-track action,” Penske Entertainment president and CEO Mark Miles said in a release. “Now, we have the best end card possible for the 107th Running of the Indianapolis 500: a record-breaking purse for the history books.”

Benjamin Pedersen was named the Indy 500 rookie of the year, earning a $50,000 bonus.

The race’s purse is determined through contingency and special awards from IMS and IndyCar. The awards were presented Monday night in the annual Indy 500 Victory Celebration at the JW Marriott in downtown Indianapolis.

The payouts for the 107th Indy 500:

1. Josef Newgarden, $3,666,000
2. Marcus Ericsson, $1,043,000
3. Santino Ferrucci, $481,800
4. Alex Palou, $801,500
5. Alexander Rossi, $574,000
6. Scott Dixon, $582,000
7. Takuma Sato, $217,300
8. Conor Daly, $512,000
9. Colton Herta, $506,500
10. Rinus VeeKay, $556,500
11. Ryan Hunter‐Reay, $145,500
12. Callum Ilott, $495,500
13. Devlin DeFrancesco, $482,000
14. Scott McLaughlin, $485,000
15. Helio Castroneves, $481,500
16. Tony Kanaan, $105,000
17. Marco Andretti, $102,000
18. Jack Harvey, $472,000
19. Christian Lundgaard, $467,500
20. Ed Carpenter, $102,000
21. Benjamin Pedersen (R), $215,300
22. Graham Rahal, $565,500*
23. Will Power, $488,000
24. Pato O’Ward, $516,500
25. Simon Pagenaud, $465,500
26. Agustín Canapino (R), $156,300
27. Felix Rosenqvist, $278,300
28. Kyle Kirkwood, $465,500
29. David Malukas, $462,000
30. Romain Grosjean, $462,000
31. Sting Ray Robb (R), $463,000
32. RC Enerson (R), $103,000
33. Katherine Legge, $102,000

*–Broken down between two teams, $460,000 Rahal Letterman Lanigan Racing, $105,500 Dreyer & Reinbold Racing/Cusick Motorsports