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Report: Verizon likely to drop IndyCar title sponsorship after ’18

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One of the under-the-radar elements that’s percolated in the Verizon IndyCar Series paddock this year is Verizon’s activation strategy itself, in its fourth year of its first five-year deal as title sponsor of the championship.

Hulman & Co. CEO Mark Miles, head of INDYCAR’s parent company, told the Sports Business Journal’s Adam Stern while he thinks it’s likely Verizon will end its title sponsorship of the series after 2018, they hope to continue the relationship in a different capacity.

While Verizon got in before 2014, IndyCar was a viable platform for the wireless company to activate in a way it couldn’t in NASCAR, when Sprint was the Cup Series’ title sponsor.

That’s since changed with Sprint’s contract ending after 2016. Verizon still activates within the paddock, working with CSM Sport & Entertainment, but its activation outside the paddock has seemed rather limited this year.

Verizon’s primary point of access or reference point of digital technology has been the Verizon IndyCar Mobile app, which was initially only for Verizon Wireless users but was later expanded to other carriers. That provides some app-specific exclusive content as well as a compilation of written, photographic and video content from IndyCar.com.

Even in the paddock, a Verizon-sponsored “Lunch with Legends” series – where some of IndyCar’s stars from the past had lunch at tracks with fans to provide some exclusive access – was not retained for 2017. Verizon hosted an event at a 5G-outfitted house in Indianapolis this year, prior to the Indianapolis 500, to showcase some of that network capability and virtual reality (VR) technology.

Provided Verizon does not continue as title sponsor past 2018, it would leave the IndyCar series in almost the same situation as prior title sponsor IZOD was in 2013, with a lame duck year.

The absence of a Verizon contract renewal has lurked beneath the surface all year in a year when INDYCAR (sanctioning body) has announced several long-term extensions with key manufacturer partners Dallara, Firestone, Chevrolet, Honda and many of its race tracks.

The competition side of IndyCar has done rather well and has enough momentum with Jay Frye at the head of its President of Competition and Operations for the last two years.

But it’s imperative for IndyCar’s sake its commercial side does as well too, which will make the 2018 season an interesting one from a “how to progress” and find a partner that can truly activate to lift the series’ profile even bigger than it is now.

The title sponsor evolution and the series’ new TV contract, with the current one set to end after 2018, enter as the early leaders in the clubhouse for biggest off-track stories to follow over the winter and into the start of 2018.

WATCH: Red Bull F1 team completes pit stop in zero gravity

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The Red Bull Racing pit crew may have already made headlines last weekend when it completed the fastest pit stop in Formula One history, changing Max Verstappen’s tires in 1.82 seconds, but the team’s most recent stunt took their skills to new heights – quite literally.

With the help of the Russian Space agency Roscomos, a group of the team’s mechanics completed the world’s first zero-gravity pit stop, on-board a IIyushin II-76K cosmonaut training plane.

Using a 2005 BR1, the team filmed the viral video over the course of a week, enduring seven flights and about 80 parabolas – periods in which the plane climbs 45 degrees before falling again at a ballistic arch of 45 degrees, creating a period of weightlessness for approximately 22 seconds.

With such a short time frame between weightlessness periods, the car and equipment had to be both quickly and safely secured before gravity once again took effect. Each filming lasted roughly 15 seconds, and the stunt was the most physically and technically demanding activity the live demo team had ever undertaken.

“It pushed us harder than I thought it would,” said Red Bull Support Team Mechanic Joe Robinson. “You realize how much you rely on gravity when you don’t have any!

“It challenges you to think and operate in a different way – and that was brilliant. It was a once in a lifetime opportunity and honestly, I could have stayed and done it all month. It was amazing. I think it’s the coolest, most fun thing the Live Demo team has ever done with a show car.”

Though Red Bull was the first team to perform a pit stop in zero gravity, surprisingly Red Bull was not the first team to put a car through zero gravity. In 1999, McLaren driver David Coulthard and his car experienced zero gravity as part of a promotion for then-sponsor West Cigarettes.

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