I love exploring the empty front stretch and pits.
Race Morning Photos
Race Day!
Good morning from IMS.
Today’s schedule: (All Times Eastern)
CHEDULE (All times local):
NBC coverage begins at 11:00 am. Also streamed live on Peacock
5 a.m.-1 p.m.: Ticket and Credential Office Open
6 a.m.: Public Gates Open
7 a.m.: Indy 500 Snake Pit presented by Coors Light Gates Open
8:15 a.m.: Snake Pit – Yellow Claw Begins
8:45 a.m.: Borg-Warner Trophy March Begins
8:55 a.m.: Borg-Warner Trophy March Reaches Checkpoint 1 – South Pit Gate
9 a.m.: DJ Slater Begins on Pagoda 3 Stage
9:05 a.m.: Borg-Warner Trophy March Reaches Checkpoint 2 – Pagoda Plaza
9:10 a.m.: Borg-Warner Trophy March Reaches Checkpoint 3 – IMS Midway
9:15 a.m.: Snake Pit – Steve Aoki Begins
9:38 a.m.: Borg-Warner Trophy Marches Reaches Checkpoint 4 – Band Gate
9:50 a.m.: Borg-Warner Trophy March Departs from Band Gate
10:10 a.m.: Borg-Warner Trophy March Arrives at Yard of Bricks
10:22 a.m.: Borg-Warner Trophy Dedication – Fred Lissalde and J. Douglas Boles
10:25 a.m.: “On the Banks of the Wabash” (Purdue University Band)
10:30 a.m.: Cars to the Grid
Snake Pit – Deadmau5 begins
10:31 a.m.: Green Flag Delivery in Turn 1 by IU Health Helicopter
10:37 a.m.: Green Flag & Past Winners’ Lap Departs Turn 1
10:51 a.m.: Historic Race Cars Laps
10:55 a.m.: All Cars on the Grid
11:25 a.m.: Military Appreciation Lap from Turn 4
11:47 a.m.: Pace Car Driver Introduction
11:47 a.m.: Indianapolis 500 Driver Introductions
12:03 p.m.: Red Bull “Keys to the Track” Stunt Team Begins – Turn 2/Turn 4
12:06 p.m.: Military March Begins
12:12 p.m.: “God Bless America” – Victory Podium
12:14 p.m.: Military Address – Gen. Daniel Hokanson (U.S. Army) from Victory Podium
12:18 p.m.: Presentation of Colors
12:18 p.m.: Invocation by Archdiocese of Indianapolis Archbishop Charles Thompson – Trackside Stage
12:19 p.m.: Rifle Volley – Victory Podium
12:20 p.m.: “Taps” Begins – Flag Stand
12:21 p.m.: “America the Beautiful” Begins – Girl Named Tom
12:24 p.m.: National Anthem Begins – Jordan Fisher
12:26 p.m.: First Flyover, U.S. Air Force Thunderbirds
12:29 p.m.: “Drivers to Your Cars” – Grand Marshal Blake Shelton
12:36 p.m.: “Back Home Again in Indiana” – Jim Cornelison
12:37 p.m.: Second Flyover, U.S. Air Force Thunderbirds
12:38 p.m.: Command Introduction
12:38 p.m.: “Start Your Engines” Command – Roger Penske from Victory Podium
12:45 p.m.: Green Flag – 106th Running of the Indianapolis 500 presented by Gainbridge (200 Laps)
12:50 p.m.: Snake Pit – Martin Garrix Begins
2:35 p.m.: Snake Pit – Galantis Begins
TICKETS: Reserved seats available at various prices from $60-$135. $50 for (General Admission only, no grandstand access and no Snake Pit entry). Kids 15 and under are free when accompanied by a General Admission adult ticketholder. All Snake Pit attendees must also hold a valid Indianapolis 500 Race Day ticket. The Snake Pit is part of the Indianapolis 500 Race Day activities. Fans will not be admitted to the track with just the Snake Pit wristband.
PUBLIC GATES OPEN (6 a.m.): Gate 1, Gate 1B.1, Gate 1C, Gate 2, Gate 3, Gate 4, Gate 5N, Gate 5B, Gate 6N, Gate 6S, Gate 6B, Gate 7, Gate 7S, Gate 7N, Gate 9, Gate 10, Gate 10A, Gate 11A, Gate 11B, Gate 11C and Gate 12.
PARKING LOTS OPEN (5 a.m.): Parking for the Indianapolis 500 is sold out, including ADA and motorcycle parking. All IMS exterior parking lots open at 5 a.m. on Race Morning, while interior lots open at 6 a.m. Bicycle parking is located outside Gate 1, Gate 6 and Gate 9.
CASHLESS OPERATIONS: All IMS concession stands and merchandise locations are cashless this year. Tap-to-pay phone payments will be accepted, as will credit and debit transactions. Cash-to-Card machines, which convert paper money onto a temporary debit card, will be located throughout the facility. These funds can be spent inside the venue, outside the venue, online or anywhere in the world where Mastercard/Visa debit cards are accepted. Gate locations will accept cash.
INDIANAPOLIS MOTOR SPEEDWAY MUSEUM HOURS (6 a.m.-4 p.m.): Indianapolis Motor Speedway Museum, located inside Gate 2 of the Indianapolis Motor Speedway, will be open from 6 a.m.-4 p.m. Admission is $15 for adults, $14 for guests over the age of 62 and $8 for guests ages 6-15. Children 5 and under and Museum members are free.
It was great to see a line of cars on 16th Street backed up past the bridge again. The parking lots were filling up as I drove in. The weather will be ideal. The temperature should be 75 degrees at the green flag and rixe to about 82 degrees by the checkered flag.
The weekend has been one of happy reunions as friends who have not seen each other for three years meet again. I am so glad that I will be able to once again sit with my friends while I watch the race.
I had a small gathering of friends last night. we talked about what we had missed the past two years. The predominant response was friends.
I don’t think it matters a lot what kind of =race we have today. Most people will be thrilled just to be here watching the Indianapolis 500.
Whether you are in the paddock, the Northeast Vista, or watching at home, enjoy the race. Indy is back at full force, and I couldn’t be happier.
500 Fast Facts
From Indycar:
| 106th Running of the Indianapolis 500 presented by Gainbridge Fast Facts Race weekend: Friday, May 27 – Sunday, May 29 Track: Indianapolis Motor Speedway, a 2.5-mile oval Media Links: Indianapolis 500 Starting Lineup (PDF) | Driver Video Quotes (individual driver quotes posted to content.indycar.com) | Trackside Media Guide (Interactive PDF posted to content.indycar.com) Race distance: 200 laps / 500 miles Firestone tire allotment: Thirty-four sets for use throughout the event. Twitter: @IMS @IndyCar, #Indy500 #ThisIsMay, #IndyCar Event website: www.ims.com INDYCAR website: www.IndyCar.com 2021 race winner: Helio Castroneves (No. 06 AutoNation/SiriusXM Honda) 2022 NTT P1 Award winner: Scott Dixon (No. 9 PNC Bank Chip Ganassi Racing Honda), 2:33.8162, 234.046 mph (four laps) NBC race broadcast: Sunday, May 29 (11 a.m. ET)Mike Tirico serves as host for NBC’s telecast of the 106th Indianapolis 500 alongside Danica Patrick, Dale Earnhardt Jr. Leigh Diffey will be the play-by-play announcer alongside analysts Townsend Bell and James Hinchcliffe. The pit reporters are Marty Snider, Kevin Lee, Dave Burns and Dillon Welch. Rutledge Wood also will participate in the telecast’s pre-race show. Telemundo Deportes on Universo will provide a Spanish-language telecast with Omar Amador and Sergio Rodriguez providing commentary on Universo and streaming on TelemundoDeportes.com and the Telemundo Deportes app. Milka Duno will serve as a studio guest .Peacock Premium Live Streaming: The Indianapolis 500 and the Indy 500 Victory Celebration will stream live on Peacock Premium, NBC’s direct-to-consumer livestreaming product. INDYCAR Radio broadcasts: Race Day: 11 a.m. Sunday. Mark Jaynes is the chief announcer alongside analyst Davey Hamilton. Nick Yeoman (Turn 1), Michael Young (Turn 2) Jake Query (Turn 3) and Chris Denari (Turn 4) are the turn announcers with Ryan Myrehn, Alex Wollf, Rob Blackman and Scott Sander on pit road. At-track schedule (all times local): SUNDAY, MAY 29 10:30 a.m. – Cars to the Grid 11:47 a.m. – Driver Introductions 12:18 p.m. – Indy 500 Pre-Race Ceremonies 12:29 p.m. – “Drivers to Your Cars” 12:38 p.m. – Command to Start Engines12:45 p.m. – 106th Indianapolis 500 presented by Gainbridge (200 laps/500 miles), NBC, Telemundo Deportes on Universo, INDYCAR Radio Network. RACE NOTESThe Indianapolis 500 will be the 106th 500-mile INDYCAR SERIES race conducted on the Indianapolis Motor Speedway’s oval. Ray Harroun won the inaugural race in 1911. Helio Castroneves won the race in 2021 to become the fourth four-time winner of “The Greatest Spectacle in Racing.” Eight drivers entered have won the Indianapolis 500. Helio Castroneves has won the race four times (2001, 2002, 2009 and 2021) while Takuma Sato (2017 and 2020) and Juan Pablo Montoya (2000 and 2015) have won twice. Scott Dixon (2008), Tony Kanaan (2013), Alexander Rossi (2016), Will Power (2018) and Simon Pagenaud (2019) are the other former winners in the field. There have been four different winners in the first five NTT INDYCAR SERIES races this season. Scott McLaughlin (Streets of St. Petersburg), Josef Newgarden (Texas Motor Speedway and Streets of Long Beach), Pato O’Ward (Barber Motorsports Park) and Colton Herta (IMS road course) have won races in 2022. The record for most different winners in a season is 11 in 2000, 2001 and 2014.Seven Indianapolis 500 rookie drivers qualified for the race: Devlin DeFrancesco, Romain Grosjean, Callum Ilott, Jimmie Johnson, Kyle Kirkwood, Christian Lundgaard and David Malukas. Scott Dixon won the pole with the fastest four-lap average for a pole winner in Indy 500 history at 234.046 mph. Twenty-one drivers have won the race from the pole – most recently Simon Pagenaud in 2019. Team Penske has 18 wins at Indianapolis Motor Speedway, the most of any team. Andretti Autosport has five wins while Chip Ganassi Racing has won four times. A.J. Foyt Enterprises and Rahal Letterman Racing have won twice. Meyer Shank Racing has one win .Colton Herta has a chance to join Will Power and Simon Pagenaud as a winner on both the Indianapolis Motor Speedway road course and the famed 2.5-mile oval in the same season. Power accomplished the feat in 2018, while Pagenaud did it in 2019.Scott Dixon, the longest-tenured driver for Chip Ganassi Racing, is third on the all-time INDYCAR SERIES victory list with 51 wins. Will Power is fifth on the all-time list with 40 wins. |
Drivers’ Meeting Gallery
A few shots from this morning Drivers’ Meeting. The program was a little shorter than normal. The drivers did not come forward indiviudually to receive their participants’ rings. The stands for this event seem mnore packed every year.
Indy 500 News and Notes
I have come to the legends’ Day autograph session many times. I have never seen this as I walked through the Gate 6 tunnel.
This is the autograph line for Row 9- Herta, McLaughlin , and Castroneves. I had a feeling this group might get more attention than Row 9 usually does, .but I have never seen an autograph line extend down the tunnel before. The sign in the back is the cutoff point, yet fans are lined up behind hoping someone drops out. The other lines were packed as well.
Newgarden Wins Pit Stop Competition
Josef Newgarden’s team win the Pit Stop competition yesterday afternoon, beating Scott Dixon’s team in convincing fashion.
O’Ward Extension with McLaren
According to Marshall Pruett or Racer, Pato has signed an extension with Arrow McLaren SP through 2025. Team owner Zak Brown hinted at another lineup announcement may be coming.
The 500 on (pay) TV
Fans in nthe Indianapolis area not going to the race will be able to watch the race tomorrow live on Peacock. If you aren’t a subscriber, i think it’s worth the $4.99 fee for one month to see the race live. You can cancel after the race,
This is the third year in a row that the 500 will be available live on television locally.
Legends Day
Today’s Schedule:
SCHEDULE (All times local): 8 a.m.-1 p.m.: Public gates open 9-10 a.m.: Full-Field Autograph Session 10:30 a.m.: Public Drivers’ Meeting, Tower Terrace 11:30 a.m.-12:15 p.m.: Veteran Driver Autograph Session A 12:45-1:30 p.m.: Veteran Driver Autograph Session B TICKETS: General Admission tickets are $10 for Legends Day Presented by Firestone. Children 15 and under are admitted free with paying adult. PUBLIC GATES OPEN (8 a.m.-1 p.m.): Gate 2, Gate 4, Gate 6S, Gate 7S, Gate 7, Gate 10, Gate 10A. PARKING: Free parking for Legends Day presented by Firestone is located inside at 5th and Hulman, in the South Carousel Lot for motorcycle parking and the Indianapolis Motor Speedway Museum Lot for ADA parking. |
Legends’ Day is the lightest activity day at IMS. It has never been a hugely busy day at the track, but under Roger Penske, today’s program is bare bones. The memorabilia show is in Plainfield. Vintage cars will not be on track today. The evening concert will be downtown tonight. I really don’t know why IMS is even charging admission for today.
I like to watch the autograph lines form. usually the front rows fill up first, but with Helio Castroneves and other popular drivers starting near the back of the grid, I wonder if the line distribution will be different this year.
I enjoy seeing the drivers assembled for the public meeting. It is a chance to honor them before the race.
Today will be a short day for me. I will try to put a couple of posts, one this afternoon and one tonight. Enjoy Christmas Eve. Get plenty of rest today.
Kanaan, Ericsson Lead Carb Day; Herta May Need Backup Car
A delayed and shortened Carb Day practice followed the pattern of the other practice sessions with Chip Ganassi Racing cars in three of the first four spots. Tony Kanaan led the way with a lap of 227.114 mph, followed by Marcus Ericsson in second with a 227,004 mph lap. Scott Dixon was furth and Jimmie Johnson seventh in another Ganassi car.
Carb Day practice began just before 1 pm after the trrack dried from morning rains. The scheduled two hour practice was reduced to 90 minutes.
The session stopped twice for incidents. David Malukas attempted a pass on Santino Ferrucci going into turn 1. They touched wheels, Malukas went high and spun, hitting the wall in much the same way Dalton kellett did last Monday. The hit wasn’t as severe as Kellet’s, but there was still suspension damage.
With about 30 minutes left, Colton Herta hit the outside wall in turn 1. The car got airborne and landed upside down. Herta was not injured. The car cannot be repaired, and Herta will drive a backup car Sunday. Herta will keep his starting position.
Josef Newgarden completed a session high 62 laps. Ed Carpenter turned the fewest circuits at 32.
The top 14:
I will have more later. Tomorrow the public drivers’ meeting is the only thing on the Speedway calendar.
Shell, INDYCAR To Introduce 100% Renewable Race Fuel1 for NTT INDYCAR SERIES in 2023
From Indycar this morning
Efforts will include variety of sustainability initiatives to help reduce carbon footprint within NTT INDYCAR SERIESI NDIANAPOLIS (Friday, May 27, 2022) – Shell and INDYCAR are continuing their sustainability journey together by announcing a lineup of additional energy solutions for the NTT INDYCAR SERIES and Indianapolis Motor Speedway (IMS) ahead of the prestigious Indianapolis 500. Together and separately, the organizations have designed a variety of sustainability initiatives that will help to reduce the carbon footprint within INDYCAR and power progress toward more sustainable motorsports in North America. “The fuel and lubricant, and energy solutions developed through our strategic relationship with INDYCAR and Penske Corporation can ultimately help accelerate reduced carbon emissions from transport in many sectors of the economy,” said Carlos Maurer, executive vice president of Sectors and Decarbonization at Shell. “Shell’s motorsports technical alliances around the world provide a testing ground for fuel and lubricant technologies and products in demanding road conditions.” Sustainable MotorsportsShell 100% Renewable Race Fuel 2Building on the sponsorship contract renewal and extension announced on May 26 at Indianapolis Motor Speedway, Shell will be the official fuel, motor oil and lubricant sponsor of the NTT INDYCAR SERIES.Beginning in 2023, Shell will produce a new race fuel for the NTT INDYCAR SERIES. This new product consists of a blend of second-generation ethanol derived from sugarcane waste and other biofuels to create a fuel that is 100% comprised of feedstocks categorized as “renewable” under the applicable regulatory frameworks. The fuel developed by Shell is set to make the NTT INDYCAR SERIES the first United States-based motorsports series to power racing with 100% renewable race fuel3 and enables at least 60% greenhouse gas emissions reduction compared to fossil-based gasoline4.“This race fuel development for INDYCAR is a great example of how fuels technology is pivotal in helping decarbonize the sport,” said Dr. Selda Gunsel, president of Shell Global Solutions. “Today’s development takes us one step closer to that goal.” The second-generation ethanol will be sourced from Raízen, a Brazilian Joint-Venture created in 2011 by Shell and Cosan. Raízen is one of the largest sugarcane ethanol producers in the world and owner of the first commercial second-generation ethanol plant. “It is an honor for Raízen to contribute advanced ethanol to this renewable race fuel, and it’s an exciting introduction to one of the most iconic motorsport categories,” said Ricardo Mussa, Raízen CEO.“Motorsports has always been at the forefront of innovation and technology, and today INDYCAR is furthering this tradition in a very important and transformational way,” said Mark Miles, president & CEO of Penske Entertainment Corp. “We are proud to become a leader in sustainability and decarbonization as we work towards becoming the first U.S. motorsport series to run on renewable fuel. With industry-leading organizations like Shell and Penske sharing the same ambition for a cleaner energy future, remarkable progress can be made.” Note to editors: Carbon Neutral Motor Oil Pennzoil Synthetics 0W oils are trusted to power all engines running in the NTT INDYCAR SERIES and are now Carbon Neutral[5]. As the Official Motor Oil and Lubricant Sponsor of the NTT INDYCAR SERIES, Pennzoil works hand-in-hand with the engine manufacturers to develop and test premium motor oil formulations. Pennzoil takes pride in the performance of the first synthetic motor oil made from natural gas helping to power and protect Chevrolet and Honda INDYCAR engines through demanding race conditions. Pennzoil high-quality motor oil provides complete engine protection to deliver a top level of performance trusted by major car manufacturers, racing teams and car enthusiasts .EV Charging at IMS A 150kW, high-power electric charger has been installed on the IMS grounds, in coordination with the Indiana Economic Development Corporation and Shell Recharge Solutions. All race tires being supplied for Indianapolis 500 practice, qualifications and Race Day will be delivered to the “Racing Capital of the World” from their Central Indiana warehouse using the Freightliner eCascadia from Penske Truck Leasing’s fleet of electric vehicles. Travel Footprint Offsets Through Shell’s Environmental Products Trading business, IMS will offset its entire operational carbon footprint during the Month of May through its contributions to GreenTrees, a vital effort that restores natural habitats in more than 1 million acres across seven states in the Mississippi Alluvial Valley, and part of Shell’s portfolio of Nature Based Solutions projects. IMS has also teamed up with the climate technology company CHOOOSE on the implementation of a new customer program that allows fans to offset their travel footprint through a nominal contribution. Shell Eco-Marathon Americas In early April, the annual Shell Eco-Marathon Americas was hosted at IMS for the first time. The event had 50 teams competing in two classes to create some of the world’s most fuel-efficient vehicles. The event annually inspires future inventors in both the high school and collegiate levels to build and design vehicles that will expedite the energy transition and decarbonization efforts, a shared ambition of Shell and Penske. Silver Certification by Council for Responsible Sport Earlier in 2022, it was announced that the 2021 Indy 500 was certified at the Silver level by the Council for Responsible Sport after achieving 37 social and environmental standards of good practice. The venue implemented facility upgrades to increase both energy and water-use efficiency, calculated a robust greenhouse gas emissions inventory and enhanced its “Bike to the 500” program. IMS is working toward becoming the first sports facility in the world to become a Certified Responsible Sport venue. Penske Truck Leasing and Shell Recharge Solutions North America Away from the track, Penske Truck Leasing, and Shell Recharge Solutions North America recently announced a new joint initiative to support light-duty electric vehicle (EV) charging at Penske locations. The project will initially deploy Level 2 (L2) electric truck charging stations with plug-and-charge capabilities to support Penske’s growing battery-electric truck fleet in California. Additional sites will be rolled out to four U.S. states in 2022, with more locations expected to be added in 2023 and beyond.To support Penske, Shell Recharge Solutions will deliver design, installation and charging network management support enabled through its SKY software platform. Shell Recharge Solutions will also provide maintenance support across Penske’s network of L2 electric truck charging stations. ABOUT SHELL: Shell is working with our customers and across sectors to deliver Shell’s Powering Progress strategy and accelerate the journey to net-zero emissions in the United States and globally. Our diverse portfolio of energy options allows us to meet the specific energy needs of our customers. In the U.S., Shell operates in 50 states and employs more than 12,000 people working to help tackle the challenges of the changing energy system. www.shell.us.Shell’s motorsports technical alliances around the world provide a testing ground for fuel and lubricant technologies and products in demanding road conditions. Shell and Pennzoil gain knowledge through these alliances to help address the mobility energy challenge with efficient solutions that power and protect motorists around the globe .ABOUT INDYCAR: INDYCAR is the Indianapolis-based governing body for North America’s premier open-wheel auto racing series, the NTT INDYCAR SERIES, and its developmental series, Indy Lights Presented by Cooper Tires. The NTT INDYCAR SERIES features an international field of the world’s most versatile drivers – including reigning series champion Alex Palou, six-time series champion Scott Dixon, two-time series champion Josef Newgarden and four-time and defending Indianapolis 500 winner Helio Castroneves – who compete on superspeedways, short ovals, street circuits and permanent road courses. The 2022 season consists of 17 races in the United States and Canada and is highlighted by the historic Indianapolis 500 presented by Gainbridge. The NTT INDYCAR SERIES, Indy Lights, the Indianapolis Motor Speedway and IMS Productions are owned by Penske Corporation, a global transportation, automotive and motorsports leader. For more information on INDYCAR and the NTT INDYCAR SERIES, please visit www.indycar.com. For more information on Indy Lights, please visit www.indylights.com. ABOUT INDIANAPOLIS MOTOR SPEEDWAY: The Indianapolis Motor Speedway, the world’s largest spectator sporting facility, has been the worldwide leader in motorsports entertainment since opening in 1909. IMS will host the 106th Running of the Indianapolis 500 presented by Gainbridge on Sunday, May 29. In 2022, IMS also hosts two NTT INDYCAR SERIES road races, on May 14 and July 30, and NASCAR Xfinity Series and Cup Series road races during Brickyard Weekend on July 30-31. The Racing Capital of the World also includes USAC NOS Energy Drink Midget National Championship and Intercontinental GT Challenge Powered by Pirelli/GT Challenge World Challenge America events. IMS, the NTT INDYCAR SERIES, and IMS Productions are owned by Penske Corporation, global transportation, automotive, and motorsports leader. To purchase tickets or for more information, please visit www.ims.com. Cautionary Note The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this press release “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. “Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to entities over which Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. This press release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “goals”, “intend”, “may”, “objectives”, “outlook”, “plan”, “probably”, “project”, “risks”, “schedule”, “seek”, “should”, “target”, “will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell’s Form 20-F for the year ended December 31, 2021 (available at www.shell.com/investors and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, May 27, 2022. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.We may have used certain terms, such as resources, in this press release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.[1]Reduction in lifecycle greenhouse gas emissions relative to 2005 baseline average gasoline as defined in the RFS. Estimations for Shell Fuel based on CA-GREET model values provided by supplier and published fuel pathways in the California Low Carbon Fuel Standard (LCFS).[2]Reduction in lifecycle greenhouse gas emissions relative to 2005 baseline average gasoline as defined in the RFS. Estimations for Shell Fuel based on CA-GREET model values provided by supplier and published fuel pathways in the California Low Carbon Fuel Standard (LCFS).[3]Reduction in lifecycle greenhouse gas emissions relative to 2005 baseline average gasoline as defined in the RFS. Estimations for Shell Fuel based on CA-GREET model values provided by supplier and published fuel pathways in the California Low Carbon Fuel Standard (LCFS).[4]Renewable Fuel Standard, Energy Policy Act, Overview for Renewable Fuel Standard | US EPA[5]CO2 compensation is not a substitute for switching to lower emissions energy solutions or reducing the use of fossil fuels. Carbon credits are purchased and retired to compensate the calculated lifecycle CO2e emissions of the product. Although these carbon credits have been generated in accordance with international carbon standards, the compensation may not be exact. |
Indianapolis 500 Preview
It has been a strange month. The qualifying left the grid for the 106th running of the Indianapolis 500 with some contenders up front and some very good cars toward the back. How easy it is to pass and how the yellows fall could bring the good cars in the back toward the front.
I have to wonder what kind of race we would be talking about if row nine- Colton Herta, Scott McLaughlin, and Helio Castroneves- were row four or five. Josef Newgarden, who is starting mid pack, might also be a late race factor. Simon Pagenaud will surely end up in the top 10.
The winner, however, will come from the front row. Alex Palou will complete what he could not quite do in the 2021 race. This was not an easy choice. I have wavered between Palou, Rinus VeeKay, and Marcus Ericsson.
Scott Dixon’s last three poles have yielded poor results. I think he will have another issue. I don’t have confidence in VeeKay’s team to execute well enough for him to win. I think he will have a very good day, but he won’t be pulling into Victory Circle. Marcus Ericsson has a chance if he is involved in some unusual situation. As he told me last week, “We thrive on chaos.” It will take some chaos for Ericsson to break through.
Palou knows what to do after battling Castroneves to the wire last year. He has a strong car which could have been on the pole. Ganassi is due for some decent luck in the 500 and this is the year.
The race will be punctuated by at least four caution periods. When they occur could impact the race and determine if we have a straight fight or a fuel saving parade. I hope for the former.
Enjoy the race Sunday. I am excited to see full grandstands again. There is more of a buzz about the race than there was last year.
I’ll be back after Carb Day practice.
The Pit Window by Mike Silver 