Indycar is a privately owned entity headquartered in the US. Founded in 1994, it employs approximately 170 individuals and reported $48.3M in revenue as of 2023. Functioning as a tier 1 media tech buyer, the company operates as the governing body for North America's premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its final preparatory series, Indy NXT.
On April 30, 2026, IndyCar announced the 2026 Chevrolet Corvette ZR1X will pace the 110th Indianapolis 500 presented by Gainbridge on Sunday, May 24, at Indianapolis Motor Speedway. Previously, on April 28, IndyCar introduced a new safety feature aimed at reducing airborne crashes during the Indianapolis 500, equipping all cars with carbon fiber safety flaps positioned ahead of the rear wheels starting this year. Earlier in the month, on April 22, the organization's Independent Officiating Board (IOB) named veteran motorsports officiating and competition executive Scot Elkins as INDYCAR Officiating managing director of officiating (MDO). This appointment followed the establishment of INDYCAR Officiating, a new independent and not-for-profit organization, in December 2025. On April 20, McLaren reserve and IndyCar driver Pato O’Ward stated he is no longer chasing Formula 1, expressing a dislike for the "artificial" direction the 2026 regulations have taken.
Indycar offers 3 products in the sports and media and telecoms services industries. Indycar's product portfolio comprises of media and TV services and motorsports and cycling.
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Indycar's revenues were less than $100M in 2023. Caretta Research has split Indycar's revenue into 2 different product categories, the largest of which is motorsports. For full access to Indycar's revenue breakdown subscribe to Caretta Portal.
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Indycar sells broadcasting rights of its 2 motorsports competitions to 26 companies globally, covering 8 countries. Indycar's rights holders include Telefonica.
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