{"id":289796,"date":"2023-04-26T01:54:03","date_gmt":"2023-04-26T01:54:03","guid":{"rendered":"https:\/\/sportinfo.pro\/?p=289796"},"modified":"2023-04-26T02:59:49","modified_gmt":"2023-04-26T02:59:49","slug":"audacious-bid-for-f1-to-buy-indycar-throttled","status":"publish","type":"post","link":"https:\/\/sportinfo.pro\/?p=289796","title":{"rendered":"Audacious bid for F1 to buy IndyCar throttled"},"content":{"rendered":"<p>The group which owns <a href=\"https:\/\/wwos.nine.com.au\/f1\" target=\"\" rel=\"noopener noreferrer\" title=\"Formula 1\">Formula 1<\/a> has downplayed speculation it is looking to acquire <a href=\"https:\/\/wwos.nine.com.au\/indycar\" target=\"\" rel=\"noopener noreferrer\" title=\"IndyCar\">IndyCar<\/a>, while the North American single-seater series says it wouldn&#x27;t want to sell up.<\/p>\n<p>Rumours emerged prior to the most recent round of the IndyCar Series in Long Beach that its owners Penske Entertainment were in discussions with Liberty Media.<\/p>\n<p>Penske Entertainment owns the IndyCar Series and Indianapolis Motor Speedway and is headed up by motorsport mogul Roger Penske.<\/p>\n<p><em><strong>Stan Sport is the only place to watch the 2023 IndyCar Series, featuring Will Power, Scott McLaughlin and Scott Dixon.<\/strong><\/em> <a href=\"https:\/\/9.nine.com.au\/DnH61N\" title=\"\" target=\"_blank\" rel=\"noopener noreferrer\"><em><strong>All the action streaming ad free, live and on demand<\/strong><\/em><\/a><\/p>\n<p>Liberty Media bought Formula 1 in 2016 while IndyCar and the speedway was acquired by Penske Entertainment in 2019.<\/p>\n<p><img data-id=\"31c135d0-8b6e-4d32-8e20-372238c8c2f9\" src=\"https:\/\/prod.static9.net.au\/fs\/31c135d0-8b6e-4d32-8e20-372238c8c2f9\" alt=\"The start of an IndyCar race led by Felix Rosenqvist at Texas Motor Speedway.\" data-width=\"7329\" data-height=\"4888\" \/><\/p>\n<p>IndyCar downplayed talk of a takeover, Penske Corporation president Bud Denker telling Racer magazine, &quot;There&#x27;s no truth to any of that.<\/p>\n<p>&quot;There&#x27;s been no discussion, and frankly, we wouldn&#x27;t sell it. Being the stewards of the Indy 500 and being stewards of the IndyCar Series go hand in hand.<\/p>\n<p><strong>READ MORE:<\/strong> <a href=\"https:\/\/wwos.nine.com.au\/golf\/news-2023-lucas-herbert-exclusive-liv-in-adelaide-pga-tour-events-in-australia\/b2a8bec9-310d-4f76-892f-11cccae23f48\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Aussie golf &#x27;shame&#x27; exposed by LIV success<\/strong><\/a><\/p>\n<p><strong>READ MORE:<\/strong> <a href=\"https:\/\/wwos.nine.com.au\/nrl\/the-mole-news-2023-kyle-flanagan-to-leave-bulldogs-join-manly-sea-eagles-exclusive\/bcc40e31-7cd6-44ad-a564-e5ba99c1e64d\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Father&#x27;s ploy to lure disgruntled Bulldog to rival<\/strong><\/a><\/p>\n<p><strong><\/strong><\/p>\n<p><strong>READ MORE:<\/strong> <a href=\"https:\/\/wwos.nine.com.au\/nrl\/news-2023-pitch-invader-at-roosters-v-dragons-anzac-day-james-tedesco-security-concern\/7b1bd588-a5c5-41df-b24b-a6e547401137\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Tedesco fumes at security after shirtless fan&#x27;s shocking move<\/strong><\/a><\/p>\n<p>&quot;We bought this series and bought the Speedway in 2020, and as long as we own both of those, they&#x27;re going to stay together.&quot;<\/p>\n<p>Meanwhile, Racer was told the rumour was &quot;completely wrong&quot; by sources within Liberty Media and Formula 1.<\/p>\n<p><img data-id=\"1ff1e74b-daee-4019-a2d5-1596ecb0752b\" src=\"https:\/\/sportinfo.pro\/wp-content\/uploads\/2023\/04\/1ff1e74b-daee-4019-a2d5-1596ecb0752b-scaled.jpg\" alt=\"The start of the Formula 1 Australian Grand Prix at the Albert Park Grand Prix Circuit.\" data-width=\"4424\" data-height=\"2743\" \/><\/p>\n<p>Rumours of a takeover were interspersed with suggestions that Liberty Media might like to use IndyCar as a feeder series to the world championship.<\/p>\n<p>IndyCar has not propelled a driver to Formula 1 in recent years, although the likes of Alex Palou, Pato O&#x27;Ward, and Colton Herta have all tested top-flight machinery with McLaren.<\/p>\n<p>Ex-Formula 1 team manager and journalist Peter Windsor said the move was designed to create another rung on the ladder to the top.<\/p>\n<p>&quot;One of the things Liberty are looking at at the moment \u2013 and this is quite a good idea \u2013 is buying IndyCar to make it effectively an American feeder series for F1,&quot; said Windsor.<\/p>\n<p><a href=\"https:\/\/twitter.com\/StanSportAU\/status\/1650711364833353730\" rel=\"nofollow\" class=\"embed-social embed-twitter\" data-show-caption=\"false\" data-conversation=\"none\">https:\/\/twitter.com\/StanSportAU\/status\/1650711364833353730<\/a><\/p>\n<p>&quot;How they would do that, I don&#x27;t know \u2013 maybe get rid of some of the ovals and make it even more road coursey (sic), maybe make the cars a little bit more F1-like, maybe carbon brakes or whatever. Maybe that&#x27;s why Zak (Brown, McLaren CEO) is there.<\/p>\n<p>&quot;That&#x27;s not a completely stupid idea. I think it&#x27;s quite a cool idea actually because it&#x27;s a place where you could put a lot of good, talented drivers who can&#x27;t make it into Formula 1 and then they go and do this American series. It makes sense to me to do that.&quot;<\/p>\n<p>IndyCar Series driver Rinus VeeKay said the series can stand on its own two feet and shouldn&#x27;t be seen as a stepping stone.<\/p>\n<p><img data-id=\"08b9ce01-b862-4937-ba88-2e0dffd019bf\" src=\"https:\/\/sportinfo.pro\/wp-content\/uploads\/2023\/04\/08b9ce01-b862-4937-ba88-2e0dffd019bf-scaled.jpg\" alt=\"Rinus VeeKay drives for Ed Carpenter Racing in the IndyCar Series.\" data-width=\"3123\" data-height=\"2082\" \/><\/p>\n<p>&quot;Well, I hope that&#x27;s not going to happen ever,&quot; said VeeKay.<\/p>\n<p>&quot;I like the competition between IndyCar and Formula 1. They&#x27;re both the leading series in the world.\u00a0<\/p>\n<p>&quot;Formula 1 is now kind of taking over the US, but I think IndyCar is still the series here.<\/p>\n<p>&quot;I think it&#x27;s always nice, keeps everyone sharp if we keep battling.\u00a0<\/p>\n<p>&quot;I don&#x27;t want IndyCar to become a step up in the ladder towards Formula 1.&quot;<\/p>\n<p><em><strong>For a daily dose of the best of the breaking news and exclusive content from Wide World of Sports, subscribe to our newsletter by<\/strong><\/em> <a href=\"https:\/\/login.nine.com.au\/edm?client_id=wwos&amp;redirect_uri=https:\/\/wwos.nine.com.au&amp;newsletter=true\"><em><strong>clicking here<\/strong><\/em><\/a><em><strong>!<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>The group which owns Formula 1 has downplayed speculation it is looking to acquire IndyCar, while the North American single-seater series says it wouldn&#x27;t want <a class=\"mh-excerpt-more\" href=\"https:\/\/sportinfo.pro\/?p=289796\" title=\"Audacious bid for F1 to buy IndyCar throttled\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":289798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/sportinfo.pro\/index.php?rest_route=\/wp\/v2\/posts\/289796"}],"collection":[{"href":"https:\/\/sportinfo.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sportinfo.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sportinfo.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sportinfo.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=289796"}],"version-history":[{"count":3,"href":"https:\/\/sportinfo.pro\/index.php?rest_route=\/wp\/v2\/posts\/289796\/revisions"}],"predecessor-version":[{"id":289802,"href":"https:\/\/sportinfo.pro\/index.php?rest_route=\/wp\/v2\/posts\/289796\/revisions\/289802"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sportinfo.pro\/index.php?rest_route=\/wp\/v2\/media\/289798"}],"wp:attachment":[{"href":"https:\/\/sportinfo.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=289796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sportinfo.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=289796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sportinfo.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=289796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}