IndyCar wants to be an alternative for countries priced out of F1

IndyCar boss Mark Miles believes that the high race-hosting fees in Formula 1 could work in his series' favour as it explores opportunities to expand beyond North America

IndyCar wants to be an alternative for countries priced out of F1

The US single-seater series is in the process of attempting a transition into a season that begins and ends earlier in the year, with the hope of compensating for the lack of North American venues with a suitable climate for racing in February and March by adding a handful of overseas events.

The first step in that direction was intended to be a race in Brasilia earlier this month, however the event was cancelled in February after the local government withdrew its funding.

However Miles remains optimistic that IndyCar can succeed outside of North America, and he believes that it can do so by offering itself as a more viable alternative for markets that have been priced out of F1.

"We believe that there is a not-so-latent appetite for IndyCar racing around the world," Miles told AUTOSPORT.

"I think there is a great value proposition when you look at where we can come in, and what we can offer compared with Formula 1 when you think about price versus value.

"We don't have to charge the kind of sanctioning fees that race promoters in countries, and sovereign funds are paying for Formula 1.

"But I think we can offer a product that is seen as uniquely American, but is extraordinarily exciting racing. So I think there is a big opportunity for us."

IndyCar's planned expansion comes at a time where Formula 1's high sanctioning fees are coming under increasing scrutiny.

The German Grand Prix will be absent for the calendar for the first time in more than five decades this year due to the failure of the event organisers to agree terms with Bernie Ecclestone.

Meanwhile current South Australian tourism minister Leon Bignell recently told the Australian media that Adelaide will not attempt to recapture the grand prix from Melbourne as long as Ecclestone is in charge.

shares
comments
IndyCar increases payments to full-season teams to $1.25million

Previous article

IndyCar increases payments to full-season teams to $1.25million

Next article

F1 reserve Kevin Magnussen came close to IndyCar drive for 2015

F1 reserve Kevin Magnussen came close to IndyCar drive for 2015
Load comments

About this article

Series IndyCar
Author Mark Glendenning
The Indycar season that proves Michael Andretti is better than F1 showed Plus

The Indycar season that proves Michael Andretti is better than F1 showed

Often unfairly characterised as a car-breaker, judged for his lack of an Indianapolis 500 win and a disappointing part-season of Formula 1 in 1993, Michael Andretti was highly respected by his rivals and only thwarted greater success by ill-fortune. When it all came together in 1991, he was a truly formidable force

IndyCar
Mar 6, 2021
How McLaren is striving towards IndyCar's elite Plus

How McLaren is striving towards IndyCar's elite

The second year of McLaren's full-time IndyCar return is looming, with Patricio O'Ward and Felix Rosenqvist leading its line-up. Strong team personnel and work behind the scenes means that 2021 could be the year it joins the established elite

IndyCar
Feb 21, 2021
The enigmatic legacy of a misunderstood Indy stalwart Plus

The enigmatic legacy of a misunderstood Indy stalwart

Flashes of brilliance amid spells of obscurity have been too common for Marco Andretti. While the third-generation racer has opted to bring his full-time IndyCar career to a close, his peaks and troughs have never been for want of trying

IndyCar
Jan 20, 2021
Why American racing's top dog is without equal Plus

Why American racing's top dog is without equal

A byword for success in business and in motorsport for over 50 years, Roger Penske's importance to the US scene cannot be understated. In an exclusive interview, the custodian of the IndyCar Series and Indianapolis Motor Speedway reflects on his journey

IndyCar
Jan 11, 2021
The McLaren that rendered its Indy rivals obsolete Plus

The McLaren that rendered its Indy rivals obsolete

When founder Bruce McLaren died in June 1970, his team could have folded. Instead, his loyal band rallied to produce a string of winners - including an Indycar game-changer that won its third Indianapolis 500 five years after its debut

IndyCar
Dec 22, 2020
Why Newgarden's best IndyCar season yet wasn't enough Plus

Why Newgarden's best IndyCar season yet wasn't enough

Josef Newgarden feels he didn't put a foot wrong in 2020, yet his finest season-long run of performances failed to yield a third series championship. But in a warning shot to Scott Dixon, Team Penske's team leader has vowed to redouble his efforts in 2021

IndyCar
Dec 21, 2020
How Dixon held on in IndyCar's most unpredictable season Plus

How Dixon held on in IndyCar's most unpredictable season

Three wins on the trot gave the Chip Ganassi Racing superstar the cushion he needed to hang on for a sixth title in the face of Josef Newgarden's late challenge. Here's the rundown of a typically frantic IndyCar campaign in an extraordinary year

IndyCar
Nov 28, 2020
The balancing act required for improving racing at Indy Plus

The balancing act required for improving racing at Indy

Calls for an improvement in the racing spectacle at the Indianapolis 500 have been met with small aerodynamic tweaks from IndyCar on superspeedways. But where such high speeds are involved, even minor adjustments require significant planning

IndyCar
Oct 31, 2020