Feb 21, 2014, 3:14 PM EDT
IndyCar’s collective team payout structure, formerly called TEAM (Team Enhancement and Allocation Matrix) and in more recent years, the Leaders Circle, was announced today. The release from IndyCar first, and then some more details on what it means:
INDYCAR announced today enhancements to the bonus structure and the 21 entrants that will be part of its Leaders Circle program for the 2014 IndyCar Series season.
The Leaders Circle program was established in 2002 to provide incentives to teams that participate full time in the IndyCar Series. Each Leaders Circle member is assured a minimum of $1 million for the 18-race season if the entrant successfully qualifies for the Indianapolis 500 Mile Race.
“The Leaders Circle program is an important resource for full-time teams in the IndyCar Series,” said Derrick Walker, President of Competition and Operations, INDYCAR. “We are looking at ways to continue to grow this resource in the future and further reward our teams for their continued participation in the series.”
Twenty entrants were selected based on their standing in the 2013 IndyCar Series entrant points, including Bryan Herta Autosport (car number and driver TBA). The entry for the No. 2 Verizon Team Penske car driven by Juan Pablo Montoya is also a new Leaders Circle member for 2014 through a partnership with Dragon Racing.
Additionally, all entrants will continue to compete for bonuses that will now be paid to the top-10 finishers at each IndyCar Series race aside from the races at the Indianapolis Motor Speedway (Indianapolis 500), Pocono Raceway and Auto Club Speedway. The race bonuses are: $30,000 for first place, $20,000 for second place, $15,000 for third, $10,000 for fourth, $9,000 for fifth, $8,000 for sixth, $7,000 for seventh, $5,000 for eighth, $4,000 for ninth and $2,000 for 10th at each race. At Pocono and Auto Club, the winning team will receive $40,000 with the remaining payouts remaining the same as other races.
Non-Leaders Circle entrants will compete for payouts awarded to the top-five finishers. In each race excluding the races at the Indianapolis Motor Speedway (Indianapolis 500), Pocono and Auto Club, the highest-finishing non-Leaders Circle entrant will receive $20,000. At Pocono and Auto Club, the highest finishing team will receive $30,000.
The next-placed Non-Leaders Circle entrants will receive $15,000, and $10,000, respectively. The fourth and fifth-placed Non-Leader Circle entrants will each receive $5,000 at all races excluding the Indianapolis 500.
The IndyCar Series driver champion and championship entrant again will share a $1 million bonus, with second through 10th in the standings sharing bonuses of $250,000, $90,000, $75,000, $60,000, $50,000, $40,000, $35,000, $25,000 and $15,000.
Contingency prizes will continue to be awarded at IndyCar Series events.
To add a bit of insight beyond the release from INDYCAR above, a few numbers to note as far as Leaders Circle changes over the last two years:
- In 2012, the Leaders Circle had a 20-car cap, with 18 carrying over from 2011 and two new spots awarded to Ed Carpenter Racing and what was then Lotus Dragon Racing. Payouts in each race aside from the Indianapolis 500 that year saw the highest-finishing entrant receive $80,000, followed by $65,000, $53,000, $40,000 and $26,000 for fifth highest finisher among the Non-Leader’s Circle entries.
- In 2013, the number of Leaders Circle entrants was increased to 22, while the per-race payouts to non-Leader Circle entrants decreased. The three spots outside the top-22 in entrant points were awarded Sarah Fisher Hartman Racing, Dragon Racing and HVM Racing (which became E.J. Viso’s car for Andretti Autosport, with HVM support). In each race aside from the Indianapolis 500 were awarded to the top three, with the highest-finishing entrant will receive $40,000, followed by $35,000 and $30,000.
- So with those offered, the 2014 numbers for non-Leaders Circle entrants go down for a third consecutive year to $20,000, $15,000 and $10,000, except for the Pocono and Auto Club races where the top non-Leaders Circle entrant will get $30,000.
- The absentees on the list of projected or expected full-time cars includes the NTT Data Chip Ganassi Racing No. 8 driven by Ryan Briscoe, Panther Racing’s No. 4 and the second Rahal Letterman Lanigan Racing entry, the No. 16. The No. 8 was not fielded full-time in 2013; Panther’s status for 2014 is TBD and RLL was not in the Leader Circle last year.
- The note of Bryan Herta Autosport listed as Bryan Herta Autosport and not Barracuda Racing, without a car number listed, provides a very strong hint that Barracuda will not return to the team as title sponsor, or at the very least, will return in a minimized role.
Here’s the official chart of those who will receive the per-race number, per INDYCAR:
2014 INDYCAR SERIES LEADER CIRCLE ENTRANTS
|2||Verizon Team Penske||Juan Pablo Montoya||Chevrolet|
|3||Team Penske||Helio Castroneves||Chevrolet|
|7||SMP Racing||Mikhail Aleshin||Honda|
|9||Target Chip Ganassi Racing||Scott Dixon||Chevrolet|
|10||Target Chip Ganassi Racing||Tony Kanaan||Chevrolet|
|11||Mistic KVSH Racing||Sebastien Bourdais||Chevrolet|
|12||Verizon Team Penske||Will Power||Chevrolet|
|14||ABC Supply A.J. Foyt Racing||Takuma Sato||Honda|
|15||National Guard||Graham Rahal||Honda|
|17||AFS KVAFS Racing||Sebastian Saavedra||Chevrolet|
|18||Dale Coyne Racing||TBA||Honda|
|19||Dale Coyne Racing||Justin Wilson||Honda|
|20||Fuzzy’s Vodka/Ed Carpenter Racing||Ed Carpenter/Mike Conway||Chevrolet|
|27||United Fiber & Data||James Hinchcliffe||Honda|
|34||Cinsay AndrettiTV.com HVM||Carlos Munoz||Honda|
|67||Sarah Fisher Hartman Racing||Josef Newgarden||Honda|
|77||Schmidt Peterson Motorsports||Simon Pagenaud||Honda|
|83||Novo Nordisk Chip Ganassi Racing||Charlie Kimball||Chevrolet|
|TBA||Bryan Herta Autosport||TBA||Honda|
Mar 10, 2014, 12:00 PM EDT
2014 marks 10 years since Michael Schumacher’s fourth and last win in Melbourne.
Mar 10, 2014, 11:21 AM EDT
David Reutimann third driver in revolving door of No. 35 FRM Ford.
Mar 10, 2014, 11:00 AM EDT
Race winners, top-10 finishers off to great start; three of four SHR cars among those with work to do to catch up.
Mar 10, 2014, 10:06 AM EDT
No LMP1s and mostly streamed live coverage will make for a different Sebring viewing experience this weekend.
Mar 10, 2014, 9:00 AM EDT
Youngest American in the field could be primed to make the “year three leap.”
Mar 10, 2014, 8:00 AM EDT
Tony Kanaan takes over No. 10 Target ride, and seeks a return to title contention.
Mar 9, 2014, 8:56 PM EDT
A late strategy gamble pays off for Edwards with his best finish of the young Sprint Cup season.
Mar 9, 2014, 8:13 PM EDT
Kyle was strong during the Kobalt 400 but faded late, while Kurt couldn’t escape mid-pack.
Mar 9, 2014, 7:16 PM EDT
The Richard Childress Racing driver finishes third in a strong effort at Las Vegas.
Mar 9, 2014, 6:48 PM EDT
Joey Logano was the rubber band man in Sunday’s Kobalt 400 at Las Vegas Motor Speedway.
Mar 9, 2014, 6:33 PM EDT
With about 20 laps remaining, crew chief Steve Letarte warned race leader Dale Earnhardt Jr. that he would be about a half-lap shy of enough fuel to finish Sunday’s Kobalt 400 at Las Vegas Motor Speedway.
Mar 9, 2014, 5:58 PM EDT
Bad Brad sweeps the NASCAR weekend in Sin City.
Mar 9, 2014, 5:29 PM EDT
Kevin Harvick went from halfway to no way in Sunday’s Kobalt 400 at Las Vegas Motor Speedway. After leading the race at the 134-lap halfway point of the 267-lap event, Harvick’s bid for back-to-back wins came to an abrupt end when his No. 4 Stewart Haas Racing Chevrolet suffered a broken left front wheel hub…
Mar 9, 2014, 5:15 PM EDT
Richard Petty is going back home to Level Cross, N.C. – the Richard Petty Museum, that is.
Mar 9, 2014, 5:11 PM EDT
The automotive, motorsports and pro football worlds are mourning the death of William Clay Ford, who passed away Sunday from pneumonia, according to a company statement.
Mar 9, 2014, 4:49 PM EDT
The sports car organization ushered in its latest class last night in Charlotte.
Mar 9, 2014, 4:42 PM EDT
Leading the field at the halfway point of Sunday’s 267-lap Kobalt 400 at Las Vegas Motor Speedway, last week’s race winner at Phoenix, Kevin Harvick, is looking to make it two wins in a row.
Mar 9, 2014, 4:30 PM EDT
We all know how difficult it has been over the last six or seven years for teams in all forms of motorsports to obtain sponsorship. While it’s difficult for small teams, it even impacts the biggest of the big, too. NHRA Funny Car legend John Force is in such a predicament. After nearly 30 years with Castrol Oil and more than 15 years with Ford, drag racing’s biggest star ever will be losing both high-profile and high-dollar associations at the end of this season.
Mar 9, 2014, 3:00 PM EDT
The 18-year-old Nationwide Series driver won last year’s K&N Pro Series East title.
Mar 9, 2014, 2:15 PM EDT
Pre-race crowd at Las Vegas appears to not know they have a Sprint Cup star among them…
- For Josef Newgarden, year three is chance to enter IndyCar’s elite 0
- Kanaan set for more than just Indy 500 success with Ganassi switch in 2014 1
- Keselowski wins in Vegas as Dale Jr. runs dry on final lap 2
- NHRA king John Force charging as hard in boardroom for new sponsors as on the dragstrip 0
- Who are the new rookies in F1 this season? 1
- Kurt Busch gives IndyCar chance to show they’ve learned lesson on promotion (10)
- F1 on NBC Sports TV, streaming schedule for 2014 Australian Grand Prix (7)
- Chrysler orders nearly 100 pristine Dodge Vipers destroyed (7)
- Alonso discovers an F1 take on Ellen’s Oscar “Selfie” (6)
- Busch news kicks off what may be a busy Tuesday for IndyCar (5)