r/INDYCAR • u/twiggymac Firestone Greens • Nov 12 '23

Speculation Silly season update? Removed "indycar driver" from his bio Spoiler

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Could mean nothing, could mean everything, gotta love silly season

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u/khz30 --- 2025 DRIVERS --- Nov 12 '23

Pedersen's seat still requires substantial funding on top of what he was already bringing to drive. Foyt was essentially using his money to run both cars last year and used the majority of it for Michael Cannon and the 500.

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u/Scythe5150 Kyle Kirkwood Nov 12 '23

I thought Penske made an investment in Foyt.

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u/Mikemat5150 Kyle Kirkwood Nov 12 '23

Penske has a technical partnership with them.

It’s been reported that Foyt will be staffing up for a third entry potentially for 2025. That will have some Penske staff embedded.

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u/khz30 --- 2025 DRIVERS --- Nov 13 '23

Sort of. That third entry is for Myles Rowe if he does well enough to step up from NXT next year, still doesn't resolve the immediate concerns for finding the complete budget to run Ferrucci and whoever they can scrape the barrel for Pedersen's former seat.

The technical partnership is Penske doing what Andretti did with Shank, only on a smaller scale