Last week’s renewed cont5racts with Honda and Chevrolet allowed everyone involved to breathe a sigh of relief. rumors had been swirling since 2023 about Honda leaving the series when their contract end at the end of 2026. Chevy hinted that they may not want to be the sole supplier. The sticking point for HOnda was return on investment.
Honda gave out cryptic hints as late as August of last year. In a press availability during the Milwaukee weekend, David Salters responded to questions about Honda’s future in the sport with a vague “We love IndyCar.”
Chevy said that they love having competition, implying that they wouldn’t love racing alone.
In the end, all was resolved Beginning in 2028, the OEMs will provide new 2.4-liter V 6 engines with a hybrid component. To attempt to provide some return on the companies’ investment, IndyCar will grant each engine manufacturer a charter to field one car apiece. Honda and Chevy may field the cars separately, or they may affiliate with an existing two car team.
I really like this deal. It is innovative, and the contract gives Honda and Chevy a larger stake in the series. I am relieved that Honda is staying, and that Chevy will have the competition that they want.
I do, however, have some questions. There was talk of reducing the grid to around 25 cars. Is that talk now off the table since there will be 27 cars guaranteed spots in 2028? This deal leaves no room for new teams or cars outside of the Indianapolis 500. What happens to teams like Prema or their 2026 iteration? Will Dreyer & Reinbold want to continue as an Indy only team, just as they were on the cusp of expanding their program?
Exclusivity looks like a growing trend in motorsport, and I’m not5 sure that it’s necessarily a good thing. Established want to protect their investment. I get that, but I don’t think there is much chance a new team bumping a charter team from a race should the rules allow it.
Eventually new teams will need to come into the series. IndyCar needs to provide a mechanism for that. I don’t see any current team willing to sell a charter just yet.
Overall, the new engine agreements are one of the best deals IndyCar has ever made, but as with anything there are unintended consequences. I hope IndyCar can come up with a plan to avoid the possible pitfalls with this arrangement. Meanwhile, Iam excited for 2028.



