The group might be renamed Juncos Hollinger Racing beneath the brand new partnership, and can return to the highest stage of US single-seater racing for the primary time for the reason that 2019 Indianapolis 500, by which Kyle Kaiser dramatically knocked out McLaren’s Fernando Alonso throughout Bump Day to make the sector.
Juncos had beforehand entered 12 of the 17 races on the 2018 calendar, with driving duties shared between Kaiser and former World Collection Formulation V8 3.5 drivers Alfonso Celis Jr and Rene Binder.
Since then, the group has centered on its Street to Indy groups, however will return to IndyCar for the end-of-season run-in at Portland, Laguna Seca and Lengthy Seashore.
“I’m very excited to hitch Ricardo and the Juncos Racing group,” stated Hollinger.
“Since we first met, Ricardo’s relentless drive for fulfillment, data of open-wheel racing, and engineering experience have been fairly obvious.
“His successful spirit together with our shared imaginative and prescient and dedication to be a entrance operating group made my choice to hitch Juncos Racing a easy one.
“With an infusion of funds to acquire the perfect gear and IndyCar expertise, Juncos is a group poised to be fiercely aggressive within the sequence.
“Additional, the IndyCar Collection is an American-born motorsport with a major spectator platform that has main progress potential.
“The racing may be very aggressive and thrilling, making a viewer expertise that’s engaging to companies centered on nationwide and worldwide branding.”
Ricardo Juncos, Juncos Racing Chevrolet
Photograph by: Scott R LePage / Motorsport Images
Hollinger has former expertise in motorsport as a former shareholder within the Williams Formulation 1 group, however left the group following its buyout by Dorilton Capital in 2020.
He additionally helped to fund an Indy 500 entry for James Davison in 2019, in a Dale Coyne Racing-run entry at the side of Jonathan Byrd’s Racing and Belardi Auto Racing.
“The chance to accomplice with somebody who shares most of the identical values, ardour, willpower, and is forward-thinking like Brad Hollinger makes this an unimaginable second in our group’s historical past,” stated group proprietor Ricardo Juncos.
“Brad has quite a lot of expertise at one of many highest ranges in racing and brings assets that may create extra alternatives and progress for all of our applications.
“I’m trying ahead to what our future holds at Juncos Hollinger Racing and taking our group to the subsequent stage.”
Juncos added that the group had been seeking to forge a return to IndyCar for the previous couple of years, following a troublesome 2019 season for the group by which it was unable to search out sufficient funding to run full-time.
“After a troublesome 2019 12 months after which with us all dealing with the horrible and unlucky instances throughout COVID-19 in 2020, our efforts have been derailed till this 12 months,” Juncos continued.
“As soon as we dedicated to a full IndyCar season, we made the plan to get on monitor this 12 months for the ultimate three races this season to start our preparation for subsequent 12 months.”
It’s at present unknown who will pilot the Juncos Hollinger entry within the remaining three races of the season. The group could use the occasions to evaluate driving candidates for its full-time tilt subsequent season.