‘It’s a Deal,’ Honda and Chevrolet Extend Indycar Engine Agreement
The multiyear contracts secure Chevrolet and Honda as engine suppliers through 2027 with both manufacturers playing key roles in new car and competition rule development.
- On Feb 12, 2026, INDYCAR announced multiyear deals with Chevrolet and Honda as official OEMs, starting in 2027, with contract terms undisclosed.
- Honda had been non-committal for almost two years and its contract expired at the end of the 2026 season, while INDYCAR sought to lock in manufacturers to support growth tied to its Fox broadcast partnership and Penske Entertainment developments.
- Manufacturers will help develop the 2.4-liter twin-turbocharged hybrid V6 engines for the 2028 car, with Chevrolet and Honda continuing 2.2-liter twin-turbo hybrid V6 production in 2027.
- The deals give the series immediate stability as it seeks audience growth with Fox and end speculation about Honda leaving; each OEM may own one chartered car beginning in 2028, but teams at the three-charter limit cannot add a fourth.
- Looking toward 2028, manufacturers' roles in car development could shift team dynamics as chartered entries become eligible for Leaders Circle compensation, reshaping competition and finances.
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IndyCar Announces Multi-Year Extension with Engine Partners
Source: Indycar SPEEDWAY, Ind.–IndyCar has secured a multiyear commitment from Honda and Chevrolet, who will be heavily involved in developing the engine and competition rules for the new NTT IndyCar Series car set to debut in 2028. The agreements with both OEMs will begin in 2027 and extend for several years, with Chevrolet continuing its participation in the series and Honda maintaining its longstanding involvement since 1994. Leaders say this…
IndyCar locks in Honda and Chevrolet with new deals, ending 2 years of Honda exit talk
IndyCar has extended the contracts with both Chevrolet and Honda, ending talk that Honda might leave. IndyCar announced the deal on Thursday.
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