The Indy NXT series is the second-tier series of IndyCar racing. It is sanctioned by IndyCar and often considered the equivalent of Formula 2. Indy NXT racing has gained a lot of popularity in America’s open wheel racing scene. Indy NXT was previously known as the Indy Lights series since 2002. The series was acquired by Penske Corporation in 2022 and has been renamed as Indy NXT in 2023. The Indy NXT series is the proving ground for the upcoming Indy drivers. The top teams of IndyCar often run junior programmes in Indy NXT.
The Indy NXT series cars are powered by inline V4 engines compared to its senior series. However, the power of Indy NXT cars is limited to only 420 hp compared to the 600+ hp cars in IndyCar. Louis Foster is the reigning Indy NXT champion who won the 2024 Indy NXT championship with Andretti Global.
List of IndyNXT's team owners
As per the 2025 schedule, eight teams will be participating in the 2025 Indy NXT series:
| Team Name | Owner |
| Abel Motorsports | Bill Abel, John Brunner |
| Abel Motorsports with Force Indy | Rod Reid, Roger Penske |
| Andretti Global | Mark Walter, Dan Towriss |
| Andretti Cape Indy NXT | Dominic Cape, Nicholas Cape |
| Chip Ganassi Racing | Chip Ganassi |
| HMD Motorsports | Henry Malukas |
| Juncos Hollinger Racing | Ricardo Juncos, Brad Hollinger |
| Miller Vinatieri Motorsports | Dr. Jack Miller, Adam Vinatieri, Dr. Elizabeth Lewis-Miller |
Related: List of IndyCar's team owners
FAQs on Indy NXT Team Owners
A. Indy NXT is owned by the Penske Corporation.
A. Indy NXT is the developmental series for the IndyCar series.
A. Indy NXT series uses Inline V4 engines in their cars.
A. The 2024 Indy NXT championship was won by Louis Foster.
