Target confirms exit from IndyCar at end of 2016 season

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Target has confirmed it will end its 27-year run with Chip Ganassi Racing Teams, the longest team/sponsor relationship in North American open-wheel racing, on Wednesday.

The decision, first reported by the Associated Press although rumors of which have been swirling throughout the year, particularly in recent weeks, will see Target end its sponsorship of Scott Dixon at the end of the 2016 Verizon IndyCar Series season. A team spokesperson confirmed the news to NBC Sports as well.

Recent management changes within the company have driven this decision, although the AP report indicated and the team confirmed Target will continue with Kyle Larson’s NASCAR Sprint Cup Series program through 2017.

“It’s the greatest sponsor in racing, ever.  They’ve been nothing but good to me,” Ganassi said in a team-issued quote. “They developed me personally and professionally. I’ve developed lifelong friends and relationships.  It is unfortunate they will be leaving the IndyCar Series but rest assured that the No. 9 Chevrolet and the reigning IndyCar Series Champion Scott Dixon will still be in the IndyCar Series next year and beyond, the car will just have different colors on it.  We are working through some of those options now.

“Also, we are happy they will remain in the NASCAR Sprint Cup Series with Kyle Larson and the No. 42.  I understand things change and people have different marketing efforts. It’s one of the longest running sponsors in racing and they delivered for me and the team, and the team delivered for them.”

Dixon, Ganassi’s longtime stalwart driver, has driven a Target-sponsored car since 2002 when he joined the team midseason and won four championships.

“I can’t thank Target enough for their partnership on and off the track over the years,” Dixon said in a quote released by the team.

“They have been with the INDYCAR team for an amazing 27 years, which is unheard of in professional sports, and on the car I’ve driven for the past 15 seasons. I have nothing but great memories and much thanks for Target being great partners for so long. I’m looking forward to being in the 9 car for years to come and fighting for more wins and championships with Chip and the team.”

Mark Miles, CEO of Hulman &. Co., INDYCAR’s parent company, said “INDYCAR would like to thank Target for its exceptional commitment to open-wheel racing and to Chip Ganassi Racing for its stewardship of the partnership for the past 27 years. The Target brand will always be an integral part of our sport’s history as the number of race victories, championships and Indianapolis 500 wins that occurred in the iconic red livery were unprecedented. We’re confident that the No. 9 will have new colors to carry in the near future as the team continues its success in the Verizon IndyCar Series.”

Target first joined the team in 1990 and while it was a presence on Ganassi cars for its first six years through 1995, in 1996 when the team shifted to an all-red livery with the yellow lightning bolt – a paint scheme which was brought back for the start of the 2016 season.

Together, Ganassi and Target have won 11 championships and four Indianapolis 500s. Champions for the team include its first champion, Jimmy Vasser, then Alex Zanardi, Juan Pablo Montoya, Dixon and Dario Franchitti.

Final 2023 Rolex 24 at Daytona results, stats

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DAYTONA BEACH, Fla. — The 2023 Rolex 24 at Daytona overall results were all streaks: two consecutive victories in the endurance classic for Meyer Shank Racing and three in a row for Acura.

And Helio Castroneves became the second driver to win three consecutive Rolex 24s and the first to win in three straight years (Peter Gregg won in 1973, ’75 and ’76; the race wasn’t held in ’74 because of a global oil crisis).

Starting from the pole position, Tom Blomqvist took the checkered flag in the No. 60 ARX-06 that led a race-high 365 of 783 laps with co-drivers Castroneves, Simon Pagenaud and Colin Braun.

RESULTS: Click here for the finishing order in the 61st Rolex 24 at Daytona l By class

Meyer Shank Racing now has two Rolex 24 victories and the 2022 championship since entering the premier prototype category of the IMSA WeatherTech SportsCar Championship in 2021.

“I think what’s so special about this team is we are a small team compared to some of our opponents, but the atmosphere, the way we work, enables people to get the best out of themselves, and I think that’s why we’re such high achievers,” Blomqvist said. “I think there’s no egos. It’s a very open book, and that just enables each and every one of us to reach our potential. I think that’s why we’ve achieved so much success in really a short time at this level of competition.”

It’s the 16th IMSA victory for MSR.

The 61st running of the Rolex 24 at Daytona marked the debut of the Grand Touring Prototype category that brought hybrid engine technology to IMSA’s top level.

In other categories:

LMP2: James Allen passed Ben Hanley on the final lap and delivered a victory in the No. 55 ORECA by 0.016 seconds. It’s the second IMSA victory for Proton Competition, which last won at Sebring in 2012. It was the first Rolex 24 victory for Allen and co-drivers Gianmaria Bruni, Fred Poordad and Francesco Pizzi.

GTD Pro: Cooper MacNeil won in the last start of his IMSA career as the No. 79 Mercedes-AMG GT3 scored the first Rolex 24 at Daytona for WeatherTech Racing and the team’s fourth career victory.

MacNeil, who co-drove with Maro Engel, Jules Gounon and Daniel Juncadella, earned his 12th career victory and first at the Rolex 24.

“Winning by last IMSA race is tremendous,” MacNeil said.

GTD: The No. 27 Heart of Racing Team delivered the first Rolex 24 at Daytona for Aston Martin, which has been competing in endurance races at Daytona International Speedway since 1964. Drivers Marco Sorensen, Roman De Angelis, Darren Turner and Ian James (also the team principal) earned the victory in the English brand’s 13th attempt.

It’s also the first Rolex 24 at Daytona win for Heart of Racing, which has seven IMSA wins.

LMP3: Anthony Mantella, Wayne Boyd, Nico Varrone and Thomas Merrill drove the No. 17 AWA Duqueine D08 to victory by 12 laps for the team’s first class win in IMSA.


STATS PACKAGE FOR ROLEX 24 HOURS OF DAYTONA:

Fastest laps by driver

Fastest laps by driver after race (over the weekend)

Fastest laps by driver and class after race

Fastest lap sequence

Lap chart

Leader sequence

Race analysis by lap

Stint analysis

Time cards

Pit stop time cards

Best sector times

Race distance and speed average

Flag analysis

Weather report

NEXT: The 2023 IMSA WeatherTech SportsCar Championship season will resume with the Mobil 1 Twelve Hours of Sebring March 18 with coverage across NBC, USA and Peacock.