Andretti Autosport restructuring IndyCar program for 2024

As part of a plan established by team owner Michael Andretti and his new partners in the team, Andretti Autosport will be changing its approach to how its NTT IndyCar Series team is constructed. The major shift, which will debut in 2024, involves its fourth entry, the No. 29 Honda, which is currently piloted by Devlin DeFrancesco.
The four-car operation has been in the practice of making at least one of its IndyCar entries available for hire, using funding from drivers and their sponsors to cover the annual costs. Former Andretti drivers Zach Veach with Gainbridge (2018-20) and James Hinchcliffe with Genesys (2021), along with DeFrancesco (2022-23) and his myriad of backers, are the most recent examples of drivers who’ve participated in the series through this opportunity.
With the formation of Andretti Global in 2022 as the parent company to Andretti Autosport, and the sizable investment into Andretti Global spearheaded by Guggenheim Partners CEO Mark Walter and col