The US Army’s National Guard has reportedly shifted its Indycar sponsorship from Panther Racing to Rahal Letterman Lanigan (RLL) Racing for the 2014 season.
US media reports value the sponsorship at between US$10-13 million, making it one of the most valuable team packages in Indycar. The agreement will give the National Guard a strong presence on race days and their members will benefit from hospitality throughout the season.
The National Guard tenders its Indycar sponsorship package at the end of each season. It is reported that Sam Schmidt, Andretti and current partners Panther Racing, who have enjoyed the National Guard’s support since 2008, were unsuccessful bidders this time around.
The new sponsorship will enable RLL owners Bobby Rahal, David Letterman and Mike Lanigan to hire a third driver for the 2014 season.