The IZOD Indycar Will Announce Future Car Strategy July 14

INDIANAPOLIS, June 30, 2010: - The IZOD IndyCar Series will announce details regarding its future car strategy during a media event Wednesday, July 14, in Indianapolis. More information about the event will follow.

"The ICONIC Advisory Committee continues to work diligently to finalize our future car strategy and a decision is imminent," said Randy Bernard, chief executive officer, IndyCar. "We look forward to unveiling our plans to our teams, drivers, partners, fans and the media during a special event on July 14."

IZOD IndyCar Series officials and ICONIC (Innovative, Competitive, Open-Wheel, New, Industry-Relevant, Cost-Effective) Advisory Committee members will not comment about the next generation of chassis until the July 14 news conference.

The IZOD IndyCar Series formed the ICONIC Advisory Committee, featuring various industry experts and representatives, to aid in its search for its future car. The committee has been tasked with reviewing, researching and making a recommendation on the next generation of IZOD IndyCar Series engine and chassis. The ICONIC Advisory Committee includes Brian Barnhart, Tony Cotman, Gil de Ferran, Eddie Gossage, Rick Long, Tony Purnell and Neil Ressler. Retired Air Force Gen. William R. Looney III is the moderator.