DragonSpeed to close down IndyCar program

DragonSpeed will discontinue its involvement in the NTT IndyCar Series due to complications that have arose amid the Covid-19 pandemic.

Speaking to RACER, DragonSpeed founder Elton Julian confirmed that he has been forced to withdraw his outfit from the series rather than their more lucrative LMP2 program.

“I have nothing but positive things to say about our time in the series, with all the encouragement we’ve gotten from Jay Frye, from Chevy, Roger Penske, and all our partners,” Julian said.

“But COVID has taken my team back two years for our progress, and two years ago, we weren’t doing IndyCar.

“So by moving on from IndyCar and selling our chassis, we’re able to better invest in our future with a new shop in Barcelona and strengthening our LMP2 program.

“I can confidently say that if I find a way to come back when the next big thing happens for IndyCar, we’ll want to be there.”