Penske Automotive COO Rich Shearing made Penske Entertainment's initial presentation about the pursuit of IndyCar's new car.

Penske Entertainment president and CEO Mark Miles says IndyCar has spent the last five months doing intensive research on options for its new car.

IndyCar team owners see rising expenses as the sport weighs changes to its racecars. It has led to more questions than ...

In fact, they are the fastest single-seater class, period; outpacing even an F1 car in a straight line (though not in the corners). However, they aren't actually the all-time fastest an IndyCar ...