Penske has built his empire through the automotive business. He graduated to the Supercars Championship Series for 2013 with Garry Rogers Motorsport, making a name for himself in 2014 when he began racing the Volvo S60 Supercars and became a regular front-runner. Jimmie Johnson finished 16th for his best result on a road or street course. But not all drivers hire agents or managers to do their negotiating. McLaughlin to IndyCar Penske leaves Supercars, McLaughlin full time in IndyCar in 2021. Team Penske has been such a huge part of my career, helping me get to where Im at today, so Im excited to continue racing with Roger, Tim [Cindric, president] and the entire team well into the future, said McLaughlin as his new IndyCar-focused multi-year contract extension was announced. We are not driving these costs into the sky. But over the past five or six years, salaries have been on the rise. The man is revitalized and refreshed and serves as an incredible inspiration to all of us.. His team fielded Corvettes in the 1966 endurance races at Daytona and Sebring before joining forces with driver Mark Donohue to race in the U.S. Road Racing Championship and Can-Am sports car series. (Getty Images: Michael Allio/Icon Sportswire)"The biggest problem for me right now is my qualifying and I think if we . It might sound strange in a world where the salaries of professional athletes in almost all majorsports are public knowledge. Penske has other projects that he has brought to IndyCar including the Race for Equality and Change diversity effort and an active role in creating a sustainable future for IndyCar with a goal of reducing the carbon footprint. We are seeing sponsorship. They all came with DJR Team Penske as he and the team became the dominant force in Supercars racing during that three year period. Im losing power! fairly early in the race. 20 Ed Carpenter Racing Chevy, (220.261mph) 3. ", Full Indy 500 starting grid:A guide to the 33-car starting lineup, Print it out:A great guide to the Indy 500 starting lineup. 1st No. Another possible reasonis that the concept of driver pay is so nebulous, its hard to get a handle on. His NASCAR Cup Series team has won the championship three times, including Brad Keselowski in 2012 and Joey Logano in 2018 and 22. He might be the next Dixon who knows but everything hes done so far has shown how fearless and adaptable he is. On Saturday, Penske Entertainment President Mark Miles announced that each Leaders Circle entrant would receive $150,000 less than last year with that money being invested into the aggressive marketing effort. McLaughlin, 27, has minimal open-wheel single-seater experience, and likewise, Johnson has very little experience on street and road circuits, which constitute a majority of the 2021 IndyCar calendar. People want to be behind these teams. #INDYCAR pic.twitter.com/deFsNgfBD2. It's risky, but a confident driver has a chance to make more money that way if the season goes the way he or she hopes. We have leadership with Mark Miles and Indianapolis Motor Speedway President Doug Boles to make it more exciting for our fans this May for the Indianapolis 500 and the month of May., The Captain visited the @USSIndyOfficial this past weekend where @IMS is proudly on display among other iconic Indianapolis sports greats. When you think about the cross-pollination of information between all the drivers, its a key. There are a lot of drivers coming here that see this is a stepping stone to the future. Team Penske has been such a huge part of my career, helping me get to where Im at today, so Im excited to continue racing with Roger, Tim and the entire team well into the future, McLaughlin said. One-off entries in the Indianapolis 500 can run the gamut. MONTEREY, California IndyCar newcomer Scott McLaughlin is here to stay with a multiyear contract extension from Team Penske just as the New Zealander heads into his first championship race since joining the series. By INDYCAR | Published: Mar 1, 2023. Penske has other projects that he has brought to IndyCar including the Race for Equality and Change diversity effort and an active role in creating a sustainable future for IndyCar with a goal of reducing the carbon footprint. To see the number of teams, the new drivers, the liveries and the competitiveness through the entire field is just amazing, Penske told NBC Sports. Salary Wizard; Top Workplaces; Career Features; . Wish would happen more often. In Group 2, Dixon was fastest with a very late 0:59.8213s while the two Penske drivers in that 10-minute stanza were left either side of the cut-off. That makes me feel very good that we have this platform. Nine races down, eight more to go. Wondering how much air to put in your tyres? Californian Wayne Rainey was well on his way to motorcycling immortality when he won three consecutive 500cc world titles for Yamaha between 1990 and 1992 only to prove all too human when he was pitched off at the Italian Grand Prix at Misano in 1993. The 2021 IndyCar champion is therefore set to start seventh, from Rosenqvist, Dixon, Power, Christian Lundgaard (#45 Rahal Letterman Lanigan Racing Honda), and Rossi. It features a supercharger, new intercooler, new fuel injectors and new exhaust to help it make 570kW/870Nm. As such, Kirkwood gets fifth on the grid, with the #3 Penske entry alongside. Our automotive experts are here to help, If you're wondering, we've probably got the answer. Will had a great season. Spaniard Palou had emerged from his second stop hard on McLaughlins tail but couldnt quite pull a move to steal the win as the sophomore delivered another 2022 victory for Penske, just a week after Austin Cindric conquered Nascars Daytona 500 for Americas greatest racing team. McLaughlin first joined Team Penske in 2017 and finished second in the Supercars championship with a series-high eight wins and record 16 poles. to maintain it. Quite a brave move to go drive such different cars (think of what hed do in a NASCAR) but Penske obviously believed he was so good he could do it, and he is. We know what Drive to Survive did for Formula One and we hope we get the same kind of bump from our fans with 100 Days to Indy. . On May 11, the COVID emergency in the United States will be over and IndyCar is stronger than it was before the pandemic started. Many, if not most, arentpaid only a flat salary. Here's what to look out for and buy smart, Get to know the personalities behind the team every week, The most interesting hints of what's to come. When you look at our program from a marketing standpoint, it will be somewhere around $17 million when you think about the real number going into marketing with a lot of that spend early on, Penske said. Of the 24 regular-season drivers, everyone is compensated to some extent. But he was certainly attracted to racing in America and really hadnt considered too much about IndyCar until we talked to him about how he thought that transition might go. Big deal, one might say. He made his IndyCar debut in last year's season-ending race at St.. We beat our team-mates in qualifying, which is your first job, and then we ended up P6 after our spin. That includes 17 IndyCar championships, 18 Indianapolis 500 victories, 231 IndyCar race victories and 43 championships in all forms of racing. . Has been an ardent fan of the NFL for many years and supports the Carolina Panthers as his hometown team. And nobody has done that better than the man from Shaker Heights, Ohio, who spent time at Culver Military Academy in northern Indiana before he became a stellar student at Lehigh University in Allentown, Pennsylvania. He signed a multiyear extension with McLaren, but the team doesnt know if Rosenqvist will drive next year in IndyCar or Formula E. ST PETERSBURG, Florida Roger Penske turned 86 on Feb. 20. Andretti and sponsor Gainbridge paid Herta, a 22-year-old with seven IndyCar wins and a career-worst 10th-place finish in the standings last season, more than any other driver on the grid to . Color. Team Penske's three-time IndyCar champion and four-time Indy 500 winner Rick Mears believes Supercars racer Scott McLaughlin has the talent to succeed in an IndyCar IndyCar IndyCar Feb 5, 2020 When a driver signs a new contract, the details of the deal seldom leak. America is open now, Penske said. Astros, carreras y sustentabilidad, en la IndyCar 2023. Typically, we build our organization from the bottom up, not for the top down. Tickets sales for our races are up and for the Indianapolis 500, ticket sales are up over last year, and people are waiting in line to get suites. We feel very good about it, Penske told NBC Sports as the season gets ready to kick off with Sundays Firestone Grand Prix of St. Petersburg. It just means so much. We view racing as the common thread through all of our businesses because it shows performance, transparency, integrity and hard work, Penske said. We are seeing sponsorship. Try our daily email, The best way to get your news first, fast and free! Penske is the most successful team in US motorsport so he doesnt pick drivers for any reason other than talent. If they win one race, they get X dollars; if they win two, double it. Tied with Helio Castroneves on Team Penske's all-time pole position list with 61 poles. Penske takes pride in the fact he is able to inspire people to achieve things they didnt know they could do when it comes to business goals and challenges. It was the first time the same team won the two biggest prizes in North American motorsport. The top 10 fully electric cars in Australia. Every time Roger Penske arrives at the Indianapolis Motor Speedway, he has a new spring in his step, Penske Corporation President Bud Denker told NBC Sports inside Penskes motorhome office Saturday afternoon in St. Petersburg. $74.00. In 2017 he moved to DJR Team Penske, a partnership between Dick Johnsons famous team and Roger Penske's global motorsport program. He was born in Hamilton, New Zealand but moved to the Gold Coast when he was nine years old. By Joey Barnes | May 29, 2021 2:25 PM ET. This site is protected by reCAPTCHA. Instead of driving the race car, Penske became a team owner in 1966. From an IndyCar perspective, our team is in place. Why that is true is up for debate, but one source familiar with the situation within the paddock made an educated guess at one part of the reason. From a racing perspective, there is a lot of pent-up demand. Scott McLaughlin Birth Date: June 10, 1993 Height: 6' 0" Birth Place: Christchurch, New Zealand Weight: 185 lbs Residence: Charlotte, NC Twitter: @smclaughlin93 Facebook: @smclaughlin93 Instagram: @smclaughlin93 Car: Dallara/Chevrolet Primary Sponsor: DEX Imaging/XPEL/Snap-On/Pennzoil/Sonsio Biography Penske believes having 13 of the 17 races on the 2023 NTT IndyCar Series schedule on NBC is vital. Theymight earn some of their annual compensation in salary, but the rest is determined by a number of factors. That source said the standard driver's portion of the purse used to be about 40%, but believes it has crept closer to 50% in recent years -- at least for the more-seasoned veterans. This site is protected by reCAPTCHA. read more. It wasnt voluntary, but we sort of polled the teams on the idea that we might reduce by about $150,000 per leader circle entry, a total of $3.3 million, to further extend our investment, Miles said. Its the tightest championship race since 2003. Romain Grosjean claimed pole by a margin of 0.4155s with his Andretti Autosport team-mate Colton Herta also making it onto the front row. This is a big year for Penske and IndyCar. That can mean any number of things, but includes helping set up his drivers with car dealerships or making other business arrangements where they can earn money away from the track. Its a team effort, Penske said. Scott McLaughlin had dominated the 2022 NTT IndyCar Series season, until the final lap of the Xpel 375 at Texas Motor Speedway. Scott Thomas McLaughlin is a New Zealand racing driver born on June 10, 1993. Among his more famous clients, hesrepresented racing starsBrad Keselowski and Sam Hornish as well as Michigan Statebasketball coach Tom Izzo and Notre Dame football coach Brian Kelly. On track, things were also challenging. Scott McLaughlin is the driver of the #3 Team Penske Chevrolet in the 2022 NTT IndyCar Championship. On Saturday, Penske Entertainment President Mark Miles announced that each Leaders Circle entrant would receive $150,000 less than last year with that money being invested into the aggressive marketing effort. "Some of them are set up in business for life," the source said. Scott McLaughlin was named IndyCar's rookie of the year for the 2021 season. Tickets sales for our races are up and for the Indianapolis 500, ticket sales are up over last year, and people are waiting in line to get suites. IndyCar spotlights stars, racing and sustainability in 2023. From an IndyCar perspective, our team is in place. 3 Dallara - Chevrolet for Team Penske. Todd Boehly is willing to double the salary of a top striker in order to help . The New Zealander won Sunday with his nervous mom and dad watching from pit lane. But the most important thing is one word: Follow Bruce Martin on Twitter at @BruceMartin_500, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Flipboard (Opens in new window), Click to share on Reddit (Opens in new window), Click to email a link to a friend (Opens in new window), Finishing order, points standings after Mid-Ohio, he had to celebrate with his parents via FaceTime, Details for watching the Grand Prix of St. Petersburg this weekend, with a track-record 27 cars on the starting grid, announced that each Leaders Circle entrant would receive $150,000 less, made from guayule that is harvested in the southwest. IndyCar newcomer Scott McLaughlin is here to stay with a multi-year contract extension from Team Penske just as the New Zealander heads into his first championship race since joining the series. Its a minority share of our investment for the whole thing.. Its a team effort, Penske said. The 29-year-old assumed Penske was moving him to NASCAR but instead he was slotted for IndyCar. ARCHIVO - Empleados colocan neumticos hechos de hule natural antes de las 500 Millas de Indianpolis, el . I think everybody has really seen what we saw in him when he won the three Supercar titles for us., NEWS: Team Penske, @smclaughlin93 announce multiyear contract extension. Shell has created a racing fuel that is made from 100 percent biodegradable sugar cane waste. Sadly Scott McLaughlin probably considered too old for a F1 switch, but he has already shown cross-series adaptability and speed. Its a winning strategy that continues to keep Penske on the move at 86. Scott McLaughlin finished the Hy-VeeDeals.com 250 at Iowa Speedway six laps . Product Type. The Google Privacy Policy and Terms of Service apply. McLaughlin moved to IndyCar after winning three consecutive titles driving for Penske in Australian V8 Supercars. Its just unfortunate. How many Bathurst 1000 has Scott McLaughlin won? Will Power is set to start 10th in the #12 Penske Chevrolet after getting caught out by the windy conditions, while team-mate Josef Newgarden could only manage 14th on the grid having failed to advance from Round 1. COVID was a time in our lifetime we all forget. The opportunity for teams to come in through Indy NXT and then IndyCar is important. He has used racing as the connecting thread through all his business interests and entities. This year with Porsche Penske Motorsport, he hopes to claim one of the final goals on the list his first victory in the 24 Hours of Le Mans. But the most important thing is one word: Follow Bruce Martin on Twitter at @BruceMartin_500, Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Flipboard (Opens in new window), Click to share on Reddit (Opens in new window), Click to email a link to a friend (Opens in new window), the contracts of NASCAR drivers Ryan Blaney, Details, schedules for watching the season finale on NBC, Trio has a chance for a 1-2-3 championship finish at Laguna Seca, Details for watching the Grand Prix of St. Petersburg this weekend, with a track-record 27 cars on the starting grid, announced that each Leaders Circle entrant would receive $150,000 less, made from guayule that is harvested in the southwest. He wants to ensure that the series continues to grow under the Penske Corp. stewardship. How many Supercars Championships has Scott McLaughlin won? Im just so excited for him just that he could get a win while we were here, Wayne McLaughlin told The Associated Press in victory lane. He overcame adversity and was able to come back from that, starting back in the field, kept his head on and executed when he had to. Scott McLaughlin holds the lead as the Dex Imaging Team Penske (car 3) accelerates during the Grand Prix of St. Petersburg auto race Sunday, Feb. 27, 2022, in St. Petersburg, Fla. (AP Photo/Steve . Pay no mind to McLaughlin's multiple wins - including the season-opener in St. Pete, where he was victorious from pole - as well as his six total podiums in 15 starts this year, he's still in. After taking Rookie of the Year honours last season and picking up a podium on his oval racing debut at Texas, McLaughlin has taken major strides in his second season. He certainly isnt letting age slow him down. From Oz to Indy with Scott McLaughlin. Penske and Donohue moved into Indy car racing by competing in three USAC-sanctioned road races in 1968. His parents are Wayne and Dianne McLaughlin. Family focused reviews and advice for everything family car related. Its a bummer. All Rights Reserved. 7th No. We will update Family, Sibling, Spouse and Childrens information. The Warmup is next on Sunday at 09:00 ET/Monday at 01:00 AEDT, followed by the 100-lap Race at 12:20 ET/04:20 AEDT. Agree with that. Shop today and show your support for the greatest spectacle in racing! Im going to be very interested to see the outcome. #INDYCAR // #FirestoneGP pic.twitter.com/Fl307c7TkH, NTT INDYCAR SERIES (@IndyCar) March 4, 2023. They were introduced through mutual friends while McLaughlin was attending the annual Karting SuperNationals. It's unclear exactly how much McLaughlin is paid by Penske Racing as IndyCar driver salaries aren't often made public in the same way as other US sports. Our database has the answer, Everything you need to know to keep you and your family as safe as possible, Helpful advice before you finance your next car, Tips for getting the right insurance and how to make a claim, Everything you need to know when sizing up your new car. OWard improved his time but not his position with a 1:00.0163s after the chequered flag, while Ericsson scored fourth on a 1:00.4435s set on black primary tyres. Every time Roger Penske arrives at the Indianapolis Motor Speedway, he has a new spring in his step, Penske Corporation President Bud Denker told NBC Sports inside Penskes motorhome office Saturday afternoon in St. Petersburg. Roger Penske was one of Americas most successful young road racers before he retired from driving in 1965 to focus on his business interests. Three-time champion of the Australian V8 Supercars for DJR Team Penske, who made his INDYCAR SERIES debut with Team Penske in 2021 Team Penske driver Scott McLaughlin gave Freightliner and Daimler a tremendous ROI when he drove his No. 2023 www.indystar.com. McLaughlin routed the field at Portland last weekendNow, we are competing at a high level, winning races and poles and even competing for the series championship.. We are in a position where you need to produce. Now at 61, he remains a respected and well-loved figure in motorcycling. Alexander Rossi and Romain Grosjean kept bumping wheel-to-wheel and their final contact knocked the steering wheel out of Rossis hands, leaving him unable to turn as both cars went off course. Indy 500 purse: $10 million (est.) McLaughlin will race team-mates Power and Josef Newgarden, as well as Chip Ganassi Racing's Scott Dixon and Marcus Ericsson, for the title at Laguna Seca Raceway. 9th No. Thats the coolest thing, he said. Under Penskes guidance, IndyCar has become one of the worlds most sustainable racing series. Scott McLaughlin has won three IndyCar races this season and remains in the title hunt this weekend. With Will Power winning last years NTT IndyCar Series championship for the second time in his career and Logano winning his second NASCAR Cup Series championship, Penske claimed yet another first. Lets check, How Rich is Scott McLaughlin in 2020-2021? Clear all filters . What's been recalled and why. Based on current orders and the forecast from our partners and new sponsors wanting to come in, things look very positive for us going into 2023.. McLaughlins move to IndyCar coincided with Penskes decision to sell his stake in the Supercar team and focus on his US racing interests. However, one source speculated 14 to 16 drivers make$1 million or more. Would you pay $100 per litre for fuel to avoid an electric car? Weve thrown away an easy podium there., "We've thrown away I think an easy podium for us. He considers the 24 Hours of Le Mans the one great gem that he wants to add to his racing collection of accomplishments. Getting a chance to move to the United States and chase my racing dream, driving in the IndyCar Series, is something that would not have been possible without Team Penske, so Im forever grateful. ST. PETERSBURG, Fla. (AP) IndyCar finally has its own television program, a refocused marketing plan, aggressive sustainability efforts and a whopping 27 full-time entrants as the season begins this weekend on the streets of . And nobody has done that better than the man from Shaker Heights, Ohio, who spent time at Culver Military Academy in northern Indiana before he became a stellar student at Lehigh University in Allentown, Pennsylvania. Penske had to quickly regroup. Three-time and defending Supercars champion Scott McLaughlin will not return in 2021, joining the US-based IndyCar series with Penske. His first winning race was the NZ Touring Car series in early 2011. His current tally stands at 56 race wins, 106 podium finishes and 76 pole positions. The man is revitalized and refreshed and serves as an incredible inspiration to all of us.. Size. Driver compensation iscomplicated. 10 drivers enter the 2023 IndyCar season with serious title aspirations, and nearly as many face an uncertain future. (He signed a 4-year, $128-million contract in June 2019.) Both sessions are live and ad-free on Stan Sport, with coverage of the race beginning at 04:00 AEDT. Speedcafe.com has been established to provide a daily motorsport news service to the industry and fans in Australia and internationally. In just his third race of his debut IndyCar season - and the first oval circuit he has ever raced - McLaughlin lit up the field with a staggering display of pace. His new race engineer Ben Bretzman explained to David Malsher-Lopez how. To me, its all about people. On the driver side, a select few will negotiate deals themselves, but most have some sort of representation, an agent or a manager, who negotiate their contracts. From a racing perspective, there is a lot of pent-up demand. Unsure of your car's maximum towing capacity? Instead, it will be an Andretti Autosport front row lockout with Grosjean (#28 Honda) beating Colton Herta to pole position by a sizeable 0.4155s thanks to a late 0:59.5532s. With new alternates available for some, albeit not Ericsson, that was when matters were about to get really serious anyway. Instead, both were knocked from the race early with issues to their Arrow McLaren SP entries. McLaughlin first joined Team Penske in 2017 and finished second in the Supercars championship with a series-high eight wins and record 16 poles. Three years later, Donohue earned the first of what has become 18 Indy 500 wins for Penske more than any other team including four by Rick Mears and three from Helio Castroneves. Rinus VeeKay finished fourth for Ed Carpenter Racing and was followed by Chip Ganassi Racing teammates Scott Dixon and Ericsson. McLaughlin is also a regular gamer and streams on the Twitch services, where he uses the same @scottmclaughlin93 handle. As an example, if a driver brings $2 million worth of sponsorship, he or she might earmark $500,000 for themselves as salary. Rosenqvist entered the race coming off four consecutive top-10 finishes as hes trying to make the case to keep his seat in the No. Scott McLaughlin Jerseys. As such, McLaughlin was not allowed to continue, although it is likely that he had presumably damaged a toe link anyway.
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