IndyCar Racing is America’s staple series for open-wheel racing action, as it is compared to the likes of Formula 1. IndyCar racing is associated with high speed action, overtakes and wheel to wheel racing. Like Formula 1, IndyCar also features a long list of teams and powerful cars which race around the tarmac. IndyCar teams use a V6 twin-turbocharged engine capable of producing nearly 700 hp in their cars. These engines are provided by Honda and Chevrolet. IndyCar racing involves a variety of different tracks which include: ovals, street tracks and conventional circuits. The Indianapolis 500 is a world famous race from IndyCar and often drivers from other categories aim to compete and win the race.
List of team owners at IndyCar
The owners of the IndyCar teams taking part in the 2025 championship are:
| Team | Owner |
| A.J. Foyt Racing | A.J. Foyt |
| Andretti Global with Curb Agajanian | Mike Curb, Cary Agajanian |
| Andretti Global | Mark Walter, Dan Towriss |
| Arrow McLaren | McLaren Racing Limited, Sam Schmidt |
| Arrow McLaren/ Rick Hendrick | Rick Hendrick |
| Chip Ganassi Racing | Chip Ganassi |
| Dale Coyne Racing | Dale Coyne |
| DRR Cusick Motorsports | Dennis Reinbold |
| Ed Carpenter Racing | Ed Carpenter |
| Juncos Hollinger Racing | Ricardo Juncos, Brad Hollinger |
| Meyer Shank Racing | Michael Shank, Jim Meyer |
| Prema Racing | Angelo Rosin, Giorgio Piccolo |
| Rahal Letterman Lanigan Racing | Bobby Rahal, David Letterman, Mike Lanighan |
| Team Penske | Roger Penske |
FAQs on IndyCar's Team Owners
A. Rogerr Penske and Penske Entertainment Corporation are the owners of the IndyCar racing series.
A. Arrow McLaren IndyCar Team is jointly owned by Sam Schmidt and McLaren Automotive.
A. As per reports from IndyStar, running one car in the IndyCar series costs at least $7 to $10 million.
A. IndyCar chassis is officially manufactured and provided by Dallara.
