The staff will likely be renamed Juncos Hollinger Racing below the brand new partnership, and can return to the highest degree of US single-seater racing for the primary time because the 2019 Indianapolis 500, wherein Kyle Kaiser dramatically knocked out McLaren’s Fernando Alonso throughout Bump Day to make the sector.
Juncos had beforehand entered 12 of the 17 races on the 2018 calendar, with driving duties shared between Kaiser and former World Series Formula V8 3.5 drivers Alfonso Celis Jr and Rene Binder.
Since then, the staff has targeted on its Road to Indy groups, however will return to IndyAutomobile for the end-of-season run-in at Portland, Laguna Seca and Long Beach.
“I am very excited to join Ricardo and the Juncos Racing team,” stated Hollinger.
“Since we first met, Ricardo’s relentless drive for fulfillment, information of open-wheel racing, and engineering experience had been fairly obvious.
“His successful spirit together with our shared imaginative and prescient and dedication to be a entrance operating staff made my choice to affix Juncos Racing a easy one.
“With an infusion of funds to acquire the perfect gear and IndyAutomobile expertise, Juncos is a staff poised to be fiercely aggressive within the collection.
“Further, the IndyAutomobile Series is an American-born motorsport with a big spectator platform that has main progress potential.
“The racing is very competitive and exciting, creating a viewer experience that is attractive to businesses focused on national and international branding.”
Hollinger has former expertise in motorsport as a former shareholder within the Williams Formula 1 staff, however left the staff following its buyout by Dorilton Capital in 2020.
He additionally helped to fund an Indy 500 entry for James Davison in 2019, in a Dale Coyne Racing-run entry at the side of Jonathan Byrd’s Racing and Belardi Auto Racing.
“The opportunity to partner with someone who shares many of the same values, passion, determination, and is forward-thinking like Brad Hollinger makes this an incredible moment in our team’s history,” stated staff proprietor Ricardo Juncos.
“Brad has a whole lot of expertise at one of many highest ranges in racing and brings assets that can create extra alternatives and progress for all of our applications.
“I am looking forward to what our future holds at Juncos Hollinger Racing and taking our team to the next level.”
Juncos added that the staff had been trying to forge a return to IndyAutomobile for the previous couple of years, following a troublesome 2019 season for the staff wherein it was unable to seek out sufficient funding to run full-time.
“After a difficult 2019 year and then with us all facing the terrible and unfortunate times during COVID-19 in 2020, our efforts were derailed until this year,” Juncos continued.
“Once we committed to a full IndyCar season, we made the plan to get on track this year for the final three races this season to begin our preparation for next year.”
It is at the moment unknown who will pilot the Juncos Hollinger entry within the remaining three races of the season. The staff might use the occasions to evaluate driving candidates for its full-time tilt subsequent season.