Penske Entertainment has issued its first formal charter document for NTT IndyCar Series entrants who qualified for participation in the program.
Having asked for a printed version of the charter topics that were discussed for most of the year, RACER has learned Penske Entertainment delivered an in-depth charter plan — said to be approximately 40 pages – late last week.
According to multiple team owners, IndyCar’s 10 existing full-time entrants are meant to review and return the document to Penske Entertainment with feedback by the end of August. This comes after a previous and somewhat recent request for feedback on the charter. Once the newest thoughts are received and reviewed, a final charter document is expected to be produced that would be distributed for signatures and ratification.
In the document distributed to teams last week, the charter follows the majority of the key structural components RACER has documented throughout the season
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