INDYCAR and Indianapolis Motor Speedway (IMS) have announced the “Race for Equality & Change,” a major effort to support diversity and inclusivity across the INDYCAR industry. A key pillar of “Race for Equality & Change” will be a $1 million fund to fuel internal and external programs and initiatives that will create fundamental change.

“As our country has grappled with systemic issues related to race, equality, and access to opportunity, we’ve been doing a lot of listening, learning and reflecting,” said Penske Entertainment Corp. President and CEO Mark Miles. “‘Race for Equality & Change’ will create a more diverse and inclusive INDYCAR community that fundamentally transforms our sport.”

Key focuses of the “Race for Equality & Change” include:

Recruiting and developing a diverse workforce throughout all levels of INDYCAR and IMS.

Diversifying the competitive driver field at the grassroots, Road to Indy and NTT INDYCAR SERIES levels.

Supporting impactful grassroots youth motorsports programs, including enhancing the Indianapolis Motor Speedway’s longstanding partnership with Nexgeneracers, a 501c3 that introduces minority students to the world of motorsports.

Diversifying employment, leadership, and ownership within the SERIES and with INDYCAR promoters.

Investment in minority communities to encourage greater engagement with INDYCAR and IMS.

Establishing a procurement program to meaningfully increase the number of minority-owned businesses that contract with INDYCAR and the Indianapolis Motor Speedway each year.