Bitnile to Sponsor VeeKay in 106th 500

From Ed Carpenter Racing this morning:

Rinus VeeKay Will Compete in the No. 21 Bitcoin Racing Team Powered By BitNile Chevrolet in the 106th Running of the Greatest Spectacle in Racing

(INDIANAPOLIS) May 10, 2022 – Ed Carpenter Racing announced today that Rinus VeeKay will compete in the No. 21 Bitcoin Racing Team Powered By BitNile Chevrolet in the 106th Running of the Indianapolis 500. Ed Carpenter Racing (ECR) became known as the Bitcoin Racing Team when VeeKay raced an iconic black and orange Bitcoin car in last year’s 500-mile classic. Through the generosity of BitNile Holdings, Inc. (BitNile), the Bitcoin Racing Team will continue to grow in 2022.

BitNile is a diversified holding company pursuing disruptive technologies, including cryptocurrencies and innovations in the field of decentralized finance (DeFi). BitNile owns and operates their own high-density data center at which it mines Bitcoin. With a desire to see expanded access to DeFi, BitNile invests in technology platforms that provide community-based, peer-to-peer transactions, such as Earnity Inc. (Earnity).

Earnity, the world’s first community-based crypto platform and marketplace, combines a social media community with a cryptocurrency and DeFi marketplace to give users a place to earn, learn and collect crypto assets. The platform connects creators, educators and other enthusiasts to share knowledge and grow audiences. Every individual who scans the unique QR code on the side of VeeKay’s No. 21 and completes the registration process will receive free Bitcoin from Earnity. BitNile is a significant investor in Earnity.

The Bitcoin Racing Team was a natural home for BitNile. “With the goal of becoming a top 10 North American miner of Bitcoin, it made sense for BitNile to give Rinus VeeKay and ECR this opportunity. The fans loved the Bitcoin car last year and now it’s going to be even better with a QR code that will let them earn FREE Bitcoin,” Milton “Todd” Ault, III, the Executive Chairman of BitNile said. He continued, “I believe all three ECR entries have a real opportunity to win this year’s Indy 500. We are offering a special Bitcoin incentive to any ECR winning driver and the entire team if successful!”

BitNile provided VeeKay the unique opportunity to design his own car for the Indianapolis 500. VeeKay wanted to pay homage to his native country of the Netherlands and his Dutch family, friends and supporters. He immediately chose to have the No. 21 be painted orange, the national color of the Netherlands and a source of great pride for his countrymen. The front wing carries the horizontal tricolor of red, white and blue stripes, representing the national flag of the Netherlands. Also important to VeeKay was including a lion, a symbol steeped in historical significance for the country. A Dutch lion appears on top of both of VeeKay’s mirrors.

VeeKay was thrilled when he received BitNile’s offer. “I have always dreamed of racing an orange car in the Indianapolis 500, but I never imagined I’d get to design it myself!” stated VeeKay. “I am very grateful to Todd Ault and BitNile for allowing me this opportunity, it is so cool. We incorporated many things for the Dutch fans and I hope they love it as much as I do!”

Just two weeks ago, VeeKay earned his first pole position and his first podium finish of the season at Barber Motorsports Park. The 21-year-old will carry that momentum to a track that is home to several of his career milestones. Before attention shifts to the Indianapolis Motor Speedway oval, the NTT INDYCAR SERIES will compete on the road course. VeeKay’s first career pole position and first career podium came at the IMS road course in 2020 and he enters this weekend as the defending race winner, having captured the victory in 2021. The second half of the Month of May is dedicated to the Indianapolis 500, where VeeKay has also built an impressive resume. In 2020, he recorded the best qualifying result by a teenager in Indianapolis 500 history by starting 4th; in 2021, he qualified 3rd and became the youngest front row starter in “500” history. He led 32 laps in last year’s race, third-highest of all drivers in the field, before finishing 8th.

VeeKay will take his first laps in the No. 21 Bitcoin Racing Team Powered by BitNile Chevrolet when the Indianapolis Motor Speedway opens for Indy 500 practice on Tuesday, May 17. Practice will continue through Friday May 20, before the Field of 33 qualifies on Saturday, May 21 and Sunday, May 22. The 106th Running of the Indianapolis 500 will take place on Sunday, May 29, 2022 with coverage beginning at 11 a.m. ET on NBC.

Foyt Unveils 500 Livery for Hildebrand

ABC Supply Unveils Homes For Our Troops-Themed Indy 500 Car and $1 Million Donation Match

BELOIT, Wis.—May. 9, 2022—When drivers start their engines at the 106th Running of the Indianapolis 500 presented by Gainbridge, race fans will see a new look for the No. 11 AJ Foyt Racing Chevrolet — and have a chance to make a million-dollar impact that supports military Veterans. Homes For Our Troops (HFOT), a nonprofit that builds and donates specially adapted custom homes for severely injured post-9/11 Veterans to enable them to rebuild their lives, will be gifted the design of the Indy car by its sponsor, ABC Supply, to bring awareness to their mission. ABC Supply will also match all donations made to HFOT — up to $1 million total — from Saturday, May 21, through Monday, May 30.

A longtime supporter and friend of AJ Foyt Racing, ABC Supply continues its sponsorship of the team

in the Indy 500 while bringing attention to HFOT’s important work. With nearly 90 percent of its donations going directly to building homes and rebuilding lives, HFOT rarely advertises and relies on word-of-mouth awareness. The visibility at “The Greatest Spectacle in Racing” will showcase their mission to a national audience. The car’s stars and stripes design celebrates American pride and prominently features the HFOT mission of “Building Homes. Rebuilding Lives.”

To date, HFOT has built and donated over 330 homes for severely injured post-9/11 Veterans. After the homes are built, the relationships between HFOT and their Veterans continue — the organization provides a pro-bono financial planner to assist with budgeting, homeownership education, a peer mentoring program and more.

“We are thrilled ABC Supply is choosing to spotlight Homes For Our Troops through this initiative,” says HFOT President and CEO Tom Landwermeyer. “In addition to generating revenue, it will raise much

needed awareness about our mission. ABC Supply has been a tremendous partner and we are grateful for their commitment to our mission of Building Homes and Rebuilding Lives.”

ABC Supply Co. Inc., the nation’s largest wholesale distributor of roofing, siding and other select exterior building products, has been a multimillion-dollar supporter of HFOT since 2020.

“We couldn’t be more excited to be back at the Indy 500 with AJ Foyt Racing and raise awareness for

our friends at Homes For Our Troops,” says Mike Jost, chief operating officer of ABC Supply. “HFOT is an incredible organization and we’re honored to play a part in bringing more attention to the great work they do.

“I think the fans will love it, and I think the fans will be so happy to see the American flag — especially

with our team,” says A.J. Foyt. “I would like to thank ABC Supply for supporting Homes For Our Troops. It’s great.”

“To support this organization at the Speedway, bring attention to Veterans and some of the challenges that they face, and to highlight the things that people and organizations like Homes For Our Troops are

doing to give them opportunities to better their lives is such a special thing to be able to be a part of,” says J.R. Hildebrand, driver of the No. 11 car.

Learn more about the “Homes For Our Troops” Indy car and how the organization is supporting Veterans.

Foyt Reveals 500 Livery for Car 11

A release today from A. J. Foyt Racing:

ABC Supply Unveils Homes For Our Troops-Themed Indy 500 Car and $1 Million Donation Match

BELOIT, Wis.—May. 9, 2022—When drivers start their engines at the 106th Running of the Indianapolis 500 presented by Gainbridge, race fans will see a new look for the No. 11 AJ Foyt Racing Chevrolet — and have a chance to make a million-dollar impact that supports military Veterans. Homes For Our Troops (HFOT), a nonprofit that builds and donates specially adapted custom homes for severely injured post-9/11 Veterans to enable them to rebuild their lives, will be gifted the design of the Indy car by its sponsor, ABC Supply, to bring awareness to their mission. ABC Supply will also match all donations made to HFOT — up to $1 million total — from Saturday, May 21, through Monday, May 30.

A longtime supporter and friend of AJ Foyt Racing, ABC Supply continues its sponsorship of the team

in the Indy 500 while bringing attention to HFOT’s important work. With nearly 90 percent of its donations going directly to building homes and rebuilding lives, HFOT rarely advertises and relies on word-of-mouth awareness. The visibility at “The Greatest Spectacle in Racing” will showcase their mission to a national audience. The car’s stars and stripes design celebrates American pride and prominently features the HFOT mission of “Building Homes. Rebuilding Lives.”

To date, HFOT has built and donated over 330 homes for severely injured post-9/11 Veterans. After the homes are built, the relationships between HFOT and their Veterans continue — the organization provides a pro-bono financial planner to assist with budgeting, homeownership education, a peer mentoring program and more.

“We are thrilled ABC Supply is choosing to spotlight Homes For Our Troops through this initiative,” says HFOT President and CEO Tom Landwermeyer. “In addition to generating revenue, it will raise much

needed awareness about our mission. ABC Supply has been a tremendous partner and we are grateful for their commitment to our mission of Building Homes and Rebuilding Lives.”

ABC Supply Co. Inc., the nation’s largest wholesale distributor of roofing, siding and other select exterior building products, has been a multimillion-dollar supporter of HFOT since 2020.

“We couldn’t be more excited to be back at the Indy 500 with AJ Foyt Racing and raise awareness for

our friends at Homes For Our Troops,” says Mike Jost, chief operating officer of ABC Supply. “HFOT is an incredible organization and we’re honored to play a part in bringing more attention to the great work they do.

“I think the fans will love it, and I think the fans will be so happy to see the American flag — especially

with our team,” says A.J. Foyt. “I would like to thank ABC Supply for supporting Homes For Our Troops. It’s great.”

“To support this organization at the Speedway, bring attention to Veterans and some of the challenges that they face, and to highlight the things that people and organizations like Homes For Our Troops are

doing to give them opportunities to better their lives is such a special thing to be able to be a part of,” says J.R. Hildebrand, driver of the No. 11 car.

Learn more about the “Homes For Our Troops” Indy car and how the organization is supporting Veterans.

A Huge Thank You as The Pit Window Turns Six

Today is the sixth anniversary of The Pit Window. I had no idea when I started this little blog in 2015 that it would still be here in 2022. Thanks to this column I have had so many experiences that I never dreamed of in the Indycar world. I love sharing my racing adventures with you.

Inspiration for The Pit Window began after I started taking a writing class at the Life Enrichment Center in Tampa. I was a novice snowbird seeking things to do in the area. I fell in love with the class on the first day and I am still attending the class. Many of you are wondering when it will start helping my writing.

I have met so many great people and have had the opportunity to speak with many stars of the Indycar and sportscar world. I am grateful for every minute.

The Pit Window will be around for at least a couple more years. I want to thank my core of loyal readers and those that find me every now and then. I enjoy discussing racing with you. I appreciate every reader.

Thank yopu to the media relations folks at Indycar for their help in allowing me into some sacred spaces.

I could not have sustained this little venture without the help of several members of the regular Indycar media. You have made me feel welcome, and I have learned so much from all of you. From my first day in the media center, I have been impressed by the media’s dedication and professionalism.

I am not sure if The Pit Window has another six years left, but we will go as long as we can. I can’t thank you enough for your support.

1932: Fred Frame Sets Record Pace Winning from 27th

The 1930s was an odd decade in Indianapolis Motor Speedway history. The depression raged through the first part of the decade. Louis Meyer and Wilbur Shaw each won two races in the decade. The other six winners are some of the more obscure winners in race history. Fred Frame, winner of the 1932 contest, deserves more recognition than he gets today.

Fred Frame began his racing career in California, racing on dirt tracks in 1922. He set a world dirt speed record in 1924.

Frame began his Indianapolis career in 1927. He started last and finished 11th, completing 199 laps. He followed that race with finishes of eighth and 10th in 1928 and 1929. In 1931 frame started eighth finished second to Louis Schneider.

1932 got off to a bad start for Frame as he qualified 27th. In the race he charged to the front nd took the lead for good on lap 152. Frame led a total of 58 laps. It was not only an incredible feat to win from starting near the rear of the field, but Frame also set a new record for the race, beating Pete DePaolo’s record which had stood since 1925.

Harry Hartz, Frame’s car owner, also received a special prize. Hartz won possession of the Wheeler-Schebler trophy. The trophy was awarded to leader after 400 miles. If a car owner’s machine won the trophy in three races, the owner took permanent possession of it. Billy Arnold led at 400 miles in both 1930 and 1931 in a Hartz car.

The 500 win ended a four year stretch at Indianapolis in which Frame had finishes of eighth, tenth, second, and first. He would race three more years in the 500, but did not have the success of his middle years.

Riding in a Winning Car

My personal connection to Frame is much more distant than my connection to either Troy Ruttman or Floyd Davis. I never met Fred Frame. In 2014 in Milwaukee, I signed up for a charity lap in a vintage race car. My first choice, the Gilmore Red Lion Special, overheated as we pulled out of the garage. I climbed into a 1932 Ford V-8 stock car. the driver told me it was the car that won the 1933 Elgin National Stock Car road race with Fred Frame behind the wheel.

Frame in the 1933 Elgin National stock car race

We ran the required three laps, the driver asked if it would be okay if we did a few more. He had to ask? The thing I remember about the ride is how stiff the springs were. The next day I rode in a pace car. A lot of progress was made in suspensions in 80 years.

Cusick-‘2023 Starts Now’

Don Cusick has teamed with Elton Julian of Dragonspeed and with some huge assistance from A.J. Foyt Racing, has put together the 33rd and final entry for the 106th running of the Indianapolis 500. Stefan Wilson will drive the number 25 Chevrolet in the race. A few weeks ago chances for the Cusick Motorsports entry looked grim. Finding a chassis, arranging to lease one of the few remaining engines, and putting a crew together were some of the challenges in getting the final entry together. A meeting with Julian set things in motion, and the final entry for the race is now official. Asked when the team will begin planning for 2023, Cusick said,

“We don’t want to do that again, I can
assure you. I would tell you that we’re going to start
working on 2023 on May 15, 2022. I think everything we’re
doing, everything we’re putting into this effort is leading us
towards that, and everything we learn is going to be applied to that.”

Julian, who entered a car in the 500 in 2019 for Ben Hanley, is excited to return to I

“Obviously Indy has been a passion of mine when I was a driver, as a team owner. Now, it’s firmly a target that I’ve always wanted to get to.
We made strides in that direction and got killed during the
lockdowns. We couldn’t hold on to the INDYCAR side of
things, and it was disappointing. A large part of, call it
excitement, is the fact that we’re coming back basically a
year earlier than I had hoped.
We shifted a lot of our focus back to the States this year,
racing full-time in the States, but in the back of my mind
was always ’23, ’23, whatever, even if it’s just the 500, but I
can start preparing properly was always the mission.
So I wasn’t thinking too much about it this year. Heard all
the rumblings about I would but I can’t, or I would but I
can’t, so I just put my hand up and said, well, we’ll do it. If
personnel and the will and just having the fortitude to say
yes and go for it, knowing that we have the quality, of
course, it took some traction, and Jay instantly put us
together with Stefan.”

Wilson said that the expanded full time Indycar field makes it difficult for one offs to enter the 500.

“It was not from a lack of interest, it was just there was so
much interest in the INDYCAR Series right now. There’s
27, 28 full-time entries. A big issue that a lot of teams have
run into is just personnel and having that bandwidth to take
on more cars or to commit to the 500 in that kind of time.
So we tried multiple different avenues, and we just kept
hitting stumbling blocks. The later it got, the less likely it
looked that we were going to be here.
I think Elton tweeted out something was it four weeks ago
maybe, that hey, we want to go back to Indy, and it was
like, hey, huh, that’s interesting. Jay connected us and we
started exchanging a few texts, and I wasn’t sure what
Elton thought of me. I didn’t know if he respected me as a
driver, wanted to work with me, but I was like, I’ll just see
where this goes.”

In addition to a scarcity of cars and engines, Julian said that crew shortages make assembling a team difficult. He also noted that Indycar needs younger personnel.

“I think we’ve suffered a little bit from getting new blood in. Racing
sports car and racing around the world, I will say that the
average age of the crew member in INDYCAR is way older
than anywhere else I see, and the first time we went to
INDYCAR with my European crew, they were like, wow,
we’re really young here. So I think there’s been a lack of
new blood.”

He added that kids coming out of college aren’t interested in crew work before they begin their engineering careers
“Some of the older talented guys that are in retirement
mode now, that have left, you’ve got to beg the Andy
Browns and these guys to come back out and do a race
with you. So there’s been very little backfill from that, and
you have a lot of kids now that go to school that have
engineering degrees that want to get paid like 150 coming
out of school. Nobody wants to just go work. So I think
that’s part of it.”
But I can tell you 100 percent I fight with Penske in Europe
for personnel. They poached my systems engineer last
year. I was like, why don’t you just take the whole team.
But it’s like that, and it’s happening everywhere. There is a
serious lack of people out there, and at the same time
there’s people falling out of Formula 1 because they can’t
hack the schedule. So there’s places to go find people.”

Wilson:

It will be very tempting to just focus on the race car, but we
have to kind of also try and improve our starting position,
as well. But I think we’ll know straight away on that first
day of what’s realistic, and if we think that it’s going to be
better time served just focusing on the race car straight
away, then that’s what we’ll do. But if we think we’ve got a
chance of starting much higher up the grid, then we’ll be
splitting that time between both and making sure that we
can try and make both as good as possible, because it is
really important where we start. I found that out last year,
just very, very difficult to pass. I think I passed like two
cars in 20 laps, and that felt like a victory.
I think that’s going to be our sort of mentality. We’ll kind of
see where we start on that Tuesday.

Floyd Davis- Indy’s Forgotten Winner

Photo: Mauri Rose (L) and Floyd Davis with the Borg-Warner trophy after winning the 1941 Indianapolis 500

The 29th running of the Indianapolis 500 in 1941 is mainly remembered for two things- the race morning fire in the garage area, which miraculously destroyed just one car; and Wilbur Shaw’s tire issue that caused his crash while leading the race. The fire was indirectly responsible for the crash. One of the co-winners, Floyd Davis, is arguably the most forgotten man to win the 500.

After Shaw’s crash, Mauri Rose went on to win the race in Davis’s car.

Davis (in car)

Rose and Davis were teammates driving for Lou Moore’s Noc-out Hose Clamp team. Rose’s car dropped out early. Moore, who won the 1938 race with Floyd Roberts, was desperate to beat Wilbur Shaw again. He decided to have Rose replace Davis on lap 72. Davis was running mid pack, and Moore thought Rose had a chance to finish bear the front.

From yesterday- Youth will be Served- Ruttman’s 1952 500 Win

https://thepitwindow.blog/2022/05/04/youth-will-be-served-ruttmans-1952-500-win/

Davis reluctantly gave up his seat. After Shaw crashed, Rose drove the car to victory. since rose was not the car’s starting driver, both Rose and Davis were the winners. It was the second time in Speedway history that the 500 had co-winners. In 1924 Joe Boyer and Lora Corum shared the win. The rules have changed and this situation will never occur again.

Floyd Davis

Floyd Davis was from Springfield, Illinois. He was a champion dirt track sprint racer. His record in the 500 is mostly nondescript. he drove in four races beginning in 1937. before 1941 Davis’s best finish was 15th his rookie year.

The racing careers of the co-winners took different paths after the race. Rose would go on to win the 500 outright in 1947 and 1948, making him the third three time winner. He mentored Bill Vukovich in his first year at the track.

Davis drove in a few sprint races in the summer of 1941, then didn’t race anymore. Some say he quit in disgust over being pulled from the race.

World War II halted racing in the United States for four years. Davis joined the Navy. After the war, he returned to Indianapolis and worked for Detroit Diesel Allison and an heating and air conditioning company. Davis also was a general contractor.

The lack of a race in 1942 probably contributed to Davis’s lack of recognition. No 500 meant no program recapping the previous year’s contest. The 1946 race program, for the first race after the war, does not mention 1941 at all. A huge oversight in my opinion.

I said I have a personal connection to the drivers I am writing about this week. Floyd Davis lived about seven houses from me in the 50s. I would see him and his son a lot. I wish I had talked to him more about the race.

next time you are in the museum and see the Borg-Warner trophy, look for the twin faces of 1941. Davis is an Indianapolis 500 winner.

Youth Will be Served-Ruttman’s 1952 500 Win

We speak today of the youth movement in Indycar. The podium at last Sunday’s Honda Indy Grand Prix of Alabama had an average age of 22.6 years. 70 years ago, there was no youth movement, but a driver who was 22 years, 80 days old won the race. Troy Ruttman is still the youngest driver to win the Indianapolis 500.

Despite his age, 1952 was Ruttman’s fourth 500 mile race. Rules were different then. He finished 12th in 1949 and 15th in 1950, A bad bearing caused him to drop out of the 1951 race after 78 laps. He had started sixth.

In 1952 Ruttman qualified the number 98 Agajanian Special seventh. .J. C. Agajanian, the car owner, was a pig farmer from southern California who would become one of the most colorful owners in Speedway history.

Bill Vukovich was heavily favored to win the race. Vuky seemed in control after the final pit stops, but Ruttman, who had led 36 laps, kept gaining. With 10 laps to go Ruttman had cut Vukovich’s lead to just 19 seconds. On lap 192, the steering shaft broke on Vukovich’s car. He crashed into the turn 3 outside wall as Ruttman sped past and took the checkered flag.

The day was not easy for Ruttman. On his first pit stop on lap 85, a flash fire erupted and was quickly extinguished. On his second stop on lap 1467, the crew was out of fresh tires and had to use the rubber that the the car used for qualifying. Ruttman said that he lost a balance weight on the right front wheel and had to wrestle the car for the last half of the race.

Troy Ruttman pits during the 1952 500 Mile Race

As happened to many 500 winners in that era and previous years, misfortune struck that summer. At a race in Cedar Rapids, Iowa in July, Ruttman suffered injuries, including a broken right arm, which kept him out of action for 18 months. In spite of missing nearly half the season, he still finished second in the national championship just 33 points behind Chuck Stevenson. Ruttman did not get a chance to defend his 500 title in 1953.

He returned to the 500 in 1954. Ruttman qualified 11th and finished fourth. In 1955, he failed to qualify for the race. Ruttman ran the 500 again in 1956 and 1957. He returned in 1960 and drove in every race through 1964, when he retired. He qualified third in 1957 and and sixth in 1960. His best finish in his last eight 500s was 12th in 1963.

Rutrtman retired to Michigan. He started a mini bike, go kart/motorcycle business in in Dearborn Heights. In 1974 Ruttman began a Yamaha motorcycle enterprise in Canton, Michigan, which became the largest Yamaha dealership in the United Sates.

Ruttman did not start a youth movement. The next two drivers who were younger than 30 to win the 500 were Bob Sweikert at age 29 in 1955 and A.J. Foyt, age 26, in 1961.

I met Ruttman when I was 17 years old at an event at a car dealership. he was friendly and took some time to talk to me and my brother. The following weekend we ran into him at the track. We said hello and he remembered our names. I am still impressed by that.

Thanks to Toddy Ruttman for her help with this story.

At the Quarter Mark; Final Thoughts on Barber and a Look Inside the Stats

Photo: The field lines up in turn 15 for the start of Sunday’s Honda Indy Grand Prix of Alabama

First, I want to thank Kyle McIness for the great photos he provided for The Pit Window this weekend.

A few final thoughts:

I watched the replay of the race last evening. I’m not sure what Grosjean was doing with Rahal, but the second seemed unnecessary. Grosjean’s move on Colton Herta was even more egregious, as he tried to pin him against the pit wall. The move was not something a driver should do to anyone, but especially not to a teammate.

While the race was processional at the front of the pack, there was a lot of good action at the back.

I like the happy Pato O’Ward better than the pouty Pato.

Alex Palou is the Iceman 2.0.

Inside the Stats

I broke down some performance indicators for the first four races. The results indicate a very competitive season so far. What many feared would a team Penske runaway may not be the case. Here are some random categories chosen by The Pit Window panel of experts. (Me):

Top 5s

Will Power 4

Alex Palou 3

Josef Newgarden, Scott McLaughlin, Scott Dixon, and Pato O’Ward 2 each

Podiums

Palou 3

Newgarden, McLaughlin 2 each

Fast Six

Five drivers tied with 2:

Rinus VeeKay, Alexander Rossi, Felix Rosenqvist, Palou, McLaughlin

Laps Led

McLaughlin 235

Rinus VeeKay 75

Josef Newgarden 37

Colton Herta 28

Rookie Standings

Christian Lundgaard 57

Kyle Kirkwood 46

David Malukas 44

Callum Ilott 37

Devlin DeFrancesco 33

Tatiana Calderon 25

Tomorrow, May coverage at IMS begins. This week I will talk about three former winners who don’t get a lot of mentions when 500 winners are discussed. I have a personal connection to each of these drivers.