AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

Penske Entertainment Shakes Up IndyCar Leadership with Non-Competition Executives at the Helm

Carl Harrison by Carl Harrison
February 21, 2025
in Motorsports
Reading Time: 2 mins read
0
Penske Entertainment Shakes Up IndyCar Leadership with Non-Competition Executives at the Helm

Mark Miles, President and Chief Executive Officer of Penske Entertainment Corp., watches the start of the Indianapolis 500 from The Ditch. Miles The Ditch1

Penske Entertainment has made a strategic move by assigning two non-racing executives to spearhead its new car development project, a role typically held by a racing series president and their technical team. Penske Entertainment CEO, Mark Miles, and Rich Shearing, COO of Penske Automotive Group, have been appointed as the new directors overseeing the development of the future chassis and engine formula.

Even though Miles and Shearing lack experience in the technical and engineering aspects of racing, they are backed by the Penske Corporation’s belief in utilizing assets wherever available. This unexpected move follows the recent departure of former IndyCar president, Jay Frye. Frye’s responsibilities have now shifted to new IndyCar president, Doug Boles, who, like his predecessors, does not possess race car design or engineering expertise.

Miles, acknowledging his lack of technical racing experience, emphasized his role as an observer, questioning and involving key stakeholders in the process. He lauded Shearing’s contribution to the team, describing him as a valuable asset with a great background in systems and process development. Shearing’s engineering background and business acumen have made him an effective facilitator in the new car development process.

Despite being a new face in the IndyCar scene, Shearing’s contributions have been recognized and appreciated by team owners. His knowledge of technology and suppliers, coupled with his process development skills, have made him a valuable addition to the team. Shearing’s role, although informal, is significant in shaping the future of IndyCar.

The new leadership is tasked with handling the transition from the current Dallara, which has seen numerous updates over the years. The role of Mark Sibla, the main administrator, becomes critical in keeping the new car project moving and on schedule. Having worked on the project before the leadership change, Sibla has been deeply involved in the recent move towards hybridization.

Engine company Ilmor, co-founded and co-owned by Roger Penske, which produces Chevrolet’s IndyCar engines and manages IndyCar’s spec energy recovery system program, has been a significant contributor to the new car steering group.

Roger Penske, the owner of the series, plays a central role in the decision-making process for the replacement of the DW12 chassis and its successor. Miles highlighted that the decisions would not favor any particular brand, with the goal being to attract additional Original Equipment Manufacturers (OEMs).

Although the upcoming model is often referred to as the ‘2027 car’, most IndyCar insiders anticipate the new formula to be launched not before 2028. Miles acknowledged this possibility, emphasizing the team’s focus on getting it right over meeting specific deadlines. The launch date remains fluid, with the goal of achieving clarity and certainty before its release.

Share212Tweet133Send

Related Posts

Oliver Rowland’s Triumph: Unprecedented Formula E Victory Defying All Odds
Formula E

Oliver Rowland’s Triumph: Unprecedented Formula E Victory Defying All Odds

Oliver Rowland's Triumph: Unveiling the Winning Mindset Behind Nissan's Formula E Victory In the fast-paced realm of Formula E, Oliver...

by Harry Bright
July 17, 2025
Dale Earnhardt Jr.’s Explosive Defense of Josh Berry Sparks NASCAR Code Controversy
Motorsports

Dale Earnhardt Jr.’s Explosive Defense of Josh Berry Sparks NASCAR Code Controversy

Brian Fluharty

by Virgilio Machado
July 17, 2025
IndyCar Community Unites in Heroic Effort to Save JHR after Devastating Transporter Fire
IndyCar

IndyCar Community Unites in Heroic Effort to Save JHR after Devastating Transporter Fire

IndyCar Racing Teams Unite in a Show of Solidarity for JHR Following Devastating Transporter Fire In a heartwarming display of...

by Miguel Cunha
July 17, 2025
Ralf Schumacher Unleashes Explosive Prediction: Red Bull’s Shocking Game-Changer Revealed!
Motorsports

Ralf Schumacher Unleashes Explosive Prediction: Red Bull’s Shocking Game-Changer Revealed!

Wolfgang Wilhelm

by James Taylor
July 17, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

Oliver Rowland’s Triumph: Unprecedented Formula E Victory Defying All Odds

Oliver Rowland’s Triumph: Unprecedented Formula E Victory Defying All Odds

July 17, 2025
Dale Earnhardt Jr.’s Explosive Defense of Josh Berry Sparks NASCAR Code Controversy

Dale Earnhardt Jr.’s Explosive Defense of Josh Berry Sparks NASCAR Code Controversy

July 17, 2025
IndyCar Community Unites in Heroic Effort to Save JHR after Devastating Transporter Fire

IndyCar Community Unites in Heroic Effort to Save JHR after Devastating Transporter Fire

July 17, 2025
Ralf Schumacher Unleashes Explosive Prediction: Red Bull’s Shocking Game-Changer Revealed!

Ralf Schumacher Unleashes Explosive Prediction: Red Bull’s Shocking Game-Changer Revealed!

July 17, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks