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Penske Entertainment is \u201cpreparing to deliver a significant increase\u201d in payout to its Leaders Circle program for IndyCar, according to Marshall Pruett of RACER. Sources said that Penske Entertainment, which sold 33% of the series and Speedway to Fox Corp<\/a>, recently informed its entrants of a \u201cplan to add $500,000 to each Leaders Circle contract for 2026.\u201d\u202fOn average, a Leaders Circle contract has \u201ccontributed approximately\u201d $1M per qualifying entry, with the 2025 payout at $1,160,000. The rise to nearly $1.7M per contract would \u201crepresent the largest year-to-year increase\u201d since the program was created in 2002. Through the halfway point of the 2020s, an annual budget to field each entry \u201chovered\u201d between $6M-$8M per year. A Leaders Circle valued at roughly $1M \u201cwas helpful, but at the median cost of\u201d $7M per car, accounted for 14% of the budget. In 2024 and 2025, most team owners have \u201cestimated their per-season costs with each entry to rest between\u201d $8M to $10M, with select few pushing the ceiling to $11M to $12M. For those at the lower end, the anticipated growth would contribute \u201cjust over\u201d 20% of their yearly needs. For those at the high end of the $8M-$10M range, the adjustment would register as a 17% contribution to their annual budget fulfillment (RACER, 9\/30<\/i><\/a>).<\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.sportsbusinessjournal.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Penske Entertainment is \u201cpreparing to deliver a significant increase\u201d in payout to its Leaders Circle program for IndyCar, according to Marshall Pruett of RACER. Sources said that Penske Entertainment, which sold 33% of the series and Speedway to Fox Corp, recently informed its entrants of a \u201cplan to add $500,000 to each Leaders Circle contract […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[364590,326062],"class_list":["post-2062425","post","type-post","status-publish","format-standard","hentry","category-entertainment","tag-indycar","tag-motorsports"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2062425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2062425"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2062425\/revisions"}],"predecessor-version":[{"id":2062426,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2062425\/revisions\/2062426"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2062425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2062425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2062425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}