Podcast: Chip Ganassi on some valuable advice from Roger Penske

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Chip Ganassi still remembers the first piece of advice he got from Roger Penske nearly 40 years ago.

Mostly, because it still applies.

Ahead of the 1982 season, Ganassi was a rookie driver with a team deciding between buying a new Gurney Eagle chassis for $85,000 or a used Penske PC7 for $70,000.

A family friend with banking connections to Penske was able to put a 23-year-old Ganassi on the phone with the team owner who eventually would become his chief rival in IndyCar more than two decades later.

But at the time, Ganassi just wanted Penske’s counsel on what was the better deal, new or used.

“He had a great comeback,” Ganassi said on the most recent NASCAR on NBC Podcast, recalling Penske’s reply. “He said, ‘Well, Chip whether you buy a new car or used car, the hotel rooms cost exactly the same.’

Watch the Indy 500 on May 26 on NBC

“I thought it was a pretty good line. You have fixed costs and variable costs. When you looked at fixed costs, they are one thing you can control, but it’s not a big number when you add in variable costs. It was a good business lesson.”

Ganassi’s team wound up buying a used Wildcat chassis that had been Mario Andretti’s car the prior year, but the wisdom of how to weigh fixed and variable costs has stayed with Ganassi even as team budgets have risen from $400,000 to $5 million per championship entry in 2019.

“We spend that much these days on lunch,” Ganassi cracked about the $15,000 difference between chassis in 1982.

With a common Dallara chassis for several years, the dilemma wouldn’t even apply to the 21st century IndyCar where Ganassi and Penske regularly battle for supremacy (they also are linked by competing full time in the IMSA and NASCAR series).

On Friday’s opening day of practice for the Indianapolis Grand Prix, Will Power’s No. 12 Penske (which has won the past two races on the Indianapolis Motor Speedway road course) was fastest while Ganassi’s Scott Dixon (third) and Felix Rosenqvist (fourth) were just behind.

It’s a continuation of a long-running but friendly rivalry that began in earnest with Ganassi’s first championship 23 years ago.

At the Acura Grand Prix of Long Beach last month, journalist Marshall Pruett snapped a photo of Penske and Ganassi sharing a scooter, and the shot quickly went viral on IndyCar Twitter.

During the podcast, Ganassi provided the backstory of the ride.

“I was talking to Roger walking up the pit lane, and someone showed up with his scooter, and I said, ‘Hey give me a ride,’ and that was it basically,” Ganassi said. “It was a long walk from the first or second pits to the other end of pit lane where my scooter was.

“We’re fierce competitors, but he’d be the first one to call me if I make a mistake in the pits or something and likewise me to him. We’re good competitors and friends but we want to rip each other’s eyeballs out on the track. Off the track we have a good working relationship, yeah.”

During the podcast, Ganassi also discussed:

–His philosophy for being an active Twitter user;

–His love of newspapers and its origins;

–The 2019 results of his IndyCar and NASCAR teams.

You can listen by clicking on the embed above or via Spotify, Google Play, Stitcher, Apple Podcasts or wherever you download podcasts.

Live IndyCar coverage from Indianapolis continues Friday with second practice at 12:30 p.m. ET exclusively on NBC Sports Gold’s IndyCar Pass.

Coverage will continue with qualifying live on NBCSN and INDYCAR Pass on Friday at 4:30 p.m. ET. IndyCar Pass will stream warm-up on Saturday at 11:15 a.m. ET prior to race coverage on Saturday at 3 p.m. ET on NBC.

IndyCar releases schedule for 2023 season

IndyCar schedule 2023
Douglas Stringer/Icon Sportswire via Getty Images
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The NTT IndyCar Series’ 2023 schedule will feature the same number of races and tracks as this season with some minor reshuffling of dates.

IndyCar will open the 2023 season March 5 on the streets of St. Petersburg, Florida, and will conclude Sept. 10 at WeatherTech Raceway Laguna Seca in Monterey, California. The 107th Indy 500 will take place May 28 at Indianapolis Motor Speedway.

The 17-race schedule will conclude with a stretch of eight races in the final nine weeks.

“The NTT IndyCar Series is on an impactful upward trajectory, making progress at a pace that befits our thrilling style of competition,” Penske Entertainment Corp. president and CEO Mark Miles said in a release. “The 2023 season provides an opportunity to further build on this trend, bringing our sport and its stars to more markets and households and reaching new consumers across the globe.”

There will be 15 events on NBC: 13 races (including six of the final seven) plus Indy 500 qualifying May 20-21. There also are three races on USA Network and the Toronto race exclusively on Peacock. All races on NBC and USA also will have live simulstreams on Peacock.

In partnership with NBC Sports, the 2022 IndyCar season was the most-watched in six years and the most-watched across NBC Sports on record. The 2022 season also was the most streamed season on record.

“We’re very excited for our 2023 NTT IndyCar Series schedule and to build on this past season’s viewership milestones,” NBC Sports vice president of programming Mike Perman said in a release. “In providing comprehensive coverage across NBC, Peacock and USA Network, NBC Sports is once again looking forward to telling the stories of these world-class drivers and this compelling series.”

Notable elements on the 2023 schedule:

–There will be the same balance of seven road course races, five street courses and five ovals.

–St. Pete will be the season opener for the 13th time.

–The Chevrolet Detroit Grand Prix will move from Belle Isle to the streets of downtown.

–The NASCAR doubleheader weekend at the IMS road course will shift to mid-August.

–The World Wide Technology Raceway event will move from Saturday to Sunday.

Start times for the 2023 events will be announced at a later date.

Here’s the 2023 IndyCar schedule:


Date Race/Track Network/Platform
Sun., March 5 Streets of St. Petersburg NBC, Peacock
Sun., April 2 Texas Motor Speedway NBC, Peacock
Sun., April 16 Streets of Long Beach NBC, Peacock
Sun., April 30 Barber Motorsports Park NBC, Peacock
Sat., May 13 Indianapolis Motor Speedway (Road Course) NBC, Peacock
Sun., May 28 The 107th Indianapolis 500 NBC, Peacock
Sun., June 4 Streets of Detroit NBC, Peacock
Sun., June 18 Road America USA Network, Peacock
Sun., July 2 Mid-Ohio Sports Car Course USA Network, Peacock
Sun., July 16 Streets of Toronto Peacock
Sat., July 22 Iowa Speedway – Race 1 NBC, Peacock
Sun., July 23 Iowa Speedway – Race 2 NBC, Peacock
Sun., Aug. 6 Streets of Nashville NBC, Peacock
Sat., Aug. 12 Indianapolis Motor Speedway (Road Course) USA Network, Peacock
Sun., Aug. 27 World Wide Technology Raceway NBC, Peacock
Sun., Sept. 3 Portland International Raceway NBC, Peacock
Sun., Sept. 10 WeatherTech Raceway Laguna Seca NBC, Peacock

*dates and networks/platforms are subject to change