The post New Indy Car And Independent Officiating Update From IndyCar President appeared on BitcoinEthereumNews.com. IndyCar President and Indianapolis Motor Speedway President Doug Boles IndyCar Photo One of the major initiatives in IndyCar is the development of a new car to replace the current model that dates all the way back to 2012. During an IndyCar test session at the Indianapolis Motor Speedway on Tuesday, October 21, IndyCar President Doug Boles gave a brief update on the progress of the car that is expected to be ready for the 2028 NTT IndyCar Series season. “We gave the team owners sort of that initial look at the car in October of last year and then had another opportunity to have team owners and actually team managers take a look at it here over the last couple weeks,” Boles said. “I think we’ll get it finalized in a sense, where we can really be public with it, hopefully, before Q1 (first quarter) of next year. Hopefully sometime in Q1 next year we’ll actually get a chance to physically have a car for people to see, touch and feel. “Then hopefully start testing this sometime next summer.” Pato O’Ward in the current Indy car at the Indianapolis Motor Speedway on October 21, 2025. IndyCar Photo Fans, media and the teams believe IndyCar needs to have a new car on track to replace the current model that just completed its 14th season of competition in 2025. The current car has had several different iterations of bodywork, but the tub and other components have remained the same since 2012. Update On Independent IndyCar Officiating Body Another major project for IndyCar is a new, independent officiating body to take over the duties currently held by IndyCar staff. It became a major point of contention after two Team Penske cars failed pre-qualifying inspection for the 109th Indianapolis 500 which prevented two of… The post New Indy Car And Independent Officiating Update From IndyCar President appeared on BitcoinEthereumNews.com. IndyCar President and Indianapolis Motor Speedway President Doug Boles IndyCar Photo One of the major initiatives in IndyCar is the development of a new car to replace the current model that dates all the way back to 2012. During an IndyCar test session at the Indianapolis Motor Speedway on Tuesday, October 21, IndyCar President Doug Boles gave a brief update on the progress of the car that is expected to be ready for the 2028 NTT IndyCar Series season. “We gave the team owners sort of that initial look at the car in October of last year and then had another opportunity to have team owners and actually team managers take a look at it here over the last couple weeks,” Boles said. “I think we’ll get it finalized in a sense, where we can really be public with it, hopefully, before Q1 (first quarter) of next year. Hopefully sometime in Q1 next year we’ll actually get a chance to physically have a car for people to see, touch and feel. “Then hopefully start testing this sometime next summer.” Pato O’Ward in the current Indy car at the Indianapolis Motor Speedway on October 21, 2025. IndyCar Photo Fans, media and the teams believe IndyCar needs to have a new car on track to replace the current model that just completed its 14th season of competition in 2025. The current car has had several different iterations of bodywork, but the tub and other components have remained the same since 2012. Update On Independent IndyCar Officiating Body Another major project for IndyCar is a new, independent officiating body to take over the duties currently held by IndyCar staff. It became a major point of contention after two Team Penske cars failed pre-qualifying inspection for the 109th Indianapolis 500 which prevented two of…

New Indy Car And Independent Officiating Update From IndyCar President

IndyCar President and Indianapolis Motor Speedway President Doug Boles

IndyCar Photo

One of the major initiatives in IndyCar is the development of a new car to replace the current model that dates all the way back to 2012. During an IndyCar test session at the Indianapolis Motor Speedway on Tuesday, October 21, IndyCar President Doug Boles gave a brief update on the progress of the car that is expected to be ready for the 2028 NTT IndyCar Series season.

“We gave the team owners sort of that initial look at the car in October of last year and then had another opportunity to have team owners and actually team managers take a look at it here over the last couple weeks,” Boles said. “I think we’ll get it finalized in a sense, where we can really be public with it, hopefully, before Q1 (first quarter) of next year. Hopefully sometime in Q1 next year we’ll actually get a chance to physically have a car for people to see, touch and feel.

“Then hopefully start testing this sometime next summer.”

Pato O’Ward in the current Indy car at the Indianapolis Motor Speedway on October 21, 2025.

IndyCar Photo

Fans, media and the teams believe IndyCar needs to have a new car on track to replace the current model that just completed its 14th season of competition in 2025. The current car has had several different iterations of bodywork, but the tub and other components have remained the same since 2012.

Update On Independent IndyCar Officiating Body

Another major project for IndyCar is a new, independent officiating body to take over the duties currently held by IndyCar staff. It became a major point of contention after two Team Penske cars failed pre-qualifying inspection for the 109th Indianapolis 500 which prevented two of the three entries from making a final qualification attempt in the Fast 12.

IndyCar, the Indianapolis Motor Speedway and Team Penske are all owned by Roger Penske. Although Penske is not involved in any officiating calls and strong denies exerting influence over those decisions, Penske and Boles believe transparency is important. That is why IndyCar is moving to an independent officiating group.

“One of the things we talked about in May is that we definitely got to get to a point where we have some sort of level of independent officiating to remove some of that, the optics challenges that I think we’ve all had,” Boles explained. “We’ve got three or four options.

“We’ve talked to the teams, about three of them. We’ve added another option since then. I think we’ll have to make that decision here in the next few weeks, because we have to be able to put that in place, to be able to have it ready to go on March 1, when we start racing to St Petersburg.

“We’ve come a long way. A lot of great options, a lot of great input from the teams, a lot of great input, frankly, from other series.

“We’ve talked to the FIA, we’ve talked to the ACCUS folks (The Automobile Competition Committee for the United States), we’ve talked to other series on what works and what doesn’t work.

“The challenge for us is, let’s just put something together that we all feel comfortable with, and even if it’s independent and at some level, we can refine it as we go forward. That may be where we go, but I feel pretty good about.”

An IndyCar on the tech pad during IndyCar technical inspection.

IndyCar Photo by Karl Zemlin

A new Indy car and a new independent officiating crew are two major developments for IndyCar moving forward to create more interest and greater integrity.

Source: https://www.forbes.com/sites/brucemartin/2025/10/22/new-indy-car-and-independent-officiating-update-from-indycar-president/

Market Opportunity
Indigo Protocol Logo
Indigo Protocol Price(INDY)
$0.2878
$0.2878$0.2878
+4.01%
USD
Indigo Protocol (INDY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Unleashing A New Era Of Seller Empowerment

Unleashing A New Era Of Seller Empowerment

The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10
Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
WIF Price Prediction: Targets $0.46 Breakout by February 2026

WIF Price Prediction: Targets $0.46 Breakout by February 2026

The post WIF Price Prediction: Targets $0.46 Breakout by February 2026 appeared on BitcoinEthereumNews.com. Timothy Morano Jan 16, 2026 08:57 WIF Price Prediction
Share
BitcoinEthereumNews2026/01/17 03:29