New IndyCar Series team looking to buy future charters for 2025

A new NTT IndyCar Series team is looking to buy future charters for the 2025 season. Find out which team and the latest on their efforts!

The NTT IndyCar Series is prepared to introduce a charter system in May that will hand out 25 charters to existing race teams. The charter will guarantee a spot in every race except the Indianapolis 500 and provide other notable perks. Teams without a charter won’t have the same incentive and must qualify for races. So, one future IndyCar team is taking action.

According to RACER.com’s Marshall Pruett, PREMA Racing has contacted multiple teams about purchasing a charter. PREMA Racing hasn’t competed in IndyCar yet but will be full-time with two entries starting in 2025. According to Pruett, PREMA Racing is rumored to have offered $1 million per charter.

It is excellent that IndyCar has more teams than charters, but with likely 27 spots for each race outside of the Indianapolis 500, PREMA Racing may not make the field most weeks. The team is pushing for future charters that IndyCar will grant race teams, but who will be the ones to sell them and set the market? It will be fascinating to watch moving forward.

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