DragonSpeed has ended its NTT IndyCar Series program to focus more on its sports car entry, according to an Oct. 28 report on RACER.
The team ran five races from 2019-2020, including two Indianapolis 500s. Ben Hanley, who competed for the organization, bumped Fernando Alonso in last year’s qualifying session. He finished 18th in the team’s debut in St. Petersburg.
DragonSpeed sold its Dallara chassis to Meyer Shank Racing.
According to RACER, Elton Julian explained that COVID set the team’s IndyCar program back.
“I have nothing but positive things to say about our time in the series, with all the encouragement we’ve gotten from (IndyCar president) Jay Frye, from Chevy, Roger Penske, and all our partners,” Julian told RACER. “But COVID has taken my team back two years for our progress, and two years ago, we weren’t doing IndyCar. So by moving on from IndyCar and selling our chassis, we’re able to better invest in our future with a new shop in Barcelona and strengthening our LMP2 program. I can confidently say that if I find a way to come back when the next big thing happens for IndyCar, we’ll want to be there.”
Hanley has not yet announced his 2021 plans.