Panther Racing and JR Hildebrand Terminate IndyCar Contract

INDIANAPOLIS, Ind. Panther Racing and JR Hildebrand announced today their mutual agreement to terminate JR’s contract with the team that was scheduled to continue through the end of the 2013 season. Hildebrand, the 2009 Indy Lights Champion, made a total of 37 starts in the No. 4 National Guard Panther Racing Chevrolet over the course of the last three seasons. He recorded his best career IndyCar finish of second place in the 95th Running of the Indianapolis 500, and led seven races during his tenure with the team.

“We’d like to thank JR Hildebrand for his contributions to Panther Racing, and especially the work he put into supporting the National Guard and all of our programs to support its soldiers," Panther Managing Partner John Barnes said. “JR is a great young man, a class act, and somebody who has been a great representative of our race team and all of our partners since 2011. We certainly wish JR, his family and his representatives all the best in the future."

"I want to thank Panther Racing for the opportunity to drive the No. 4 National Guard Chevrolet," Hildebrand added. “It was a privilege to represent our men and women in uniform, along with the National Guard Youth Challenge and the team's veteran employment initiatives. I'm very much looking forward to the next chapter in my IndyCar career, and wish all my friends at Panther the absolute best."

Panther plans to announce Hildebrand’s replacement for this weekend’s Chevrolet Indy Dual in Detroit later this afternoon.