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Team Penske returned to Indy after failing to qualify in 1995 and boycotting the race due to the IRL/CART "split" from 1996 to 2000. Penske finished 1st–2nd with Hélio Castroneves and Gil de Ferran, Roger Penske's first-ever 1–2 at Indy as an owner. Second straight 500 victory for a race rookie.
The 1996 Indy Racing League was the first season in the history of the series, which was created and announced on March 11, 1994 by the Indianapolis Motor Speedway, as a supplementary series to the established Indy Car World Series sanctioned by Championship Auto Racing Teams (CART) since 1979.
The 1996–97 Indy Racing League was the second season contested by the Indy Racing League.Tony Stewart was the champion, while Arie Luyendyk won the Indianapolis 500.The lengthy season was a result of the league abandoning the concept of ending each season with the Indianapolis 500.
The series is self-sanctioned by its parent company, IndyCar, LLC., which began in 1996 as the Indy Racing League (IRL) and was created by then Indianapolis Motor Speedway owner Tony George as a competitor to Championship Auto Racing Teams (CART).
The 1999 Pep Boys Indy Racing League was highly competitive and parity was the order of the year. Team Menard had a very good season with their driver Greg Ray capturing 3 race wins and the series championship. This was the last year before CART teams began to break ranks and jump to the IRL.
The sanctioning body was formed in 1994 under the name Indy Racing League by Hulman & Company, which also owned the Indianapolis Motor Speedway complex, and began competition in 1996. The trademark name INDYCAR was officially adopted on January 1, 2011. The sport of open-wheel car racing, also historically referred to as championship car racing ...
The 1998 Pep Boys Indy Racing League was one of relative stability compared to the previous two seasons. For the first time the season consisted of a single and complete spring, summer, and fall like all other motorsports. 15 drivers completed the entire 11 race schedule, twice as many as the previous season.
The 2002 Indy Racing League (IRL) was one of transition, with two reigning CART championship teams, Team Penske and Target Chip Ganassi Racing, joining the series with full time entries. The Oldsmobile engine was rebranded as a Chevrolet , and both Honda and Toyota announced their participation in the series starting in 2003 while Infiniti ...