The future is “very bright” for IndyCar. That’s the assertion from Penske Entertainment CEO Mark Miles.
He tells Inside Indiana Business that with that they are looking to come to a new deal with NBC to keep broadcasting NTT IndyCar Series races on TV. Miles is confident they can make it happen.
“I think NBC has been a great partner,” Miles said. “This has been the first period of time that we’ve had one (TV) broadcast partner in the U.S. As you know it was previously it was split between two broadcasters, some on network and some on cable.”
A new deal will likely need to be reached soon considering that NBC is shutting down NBCSN at the end of the year. The all-sports cable TV network has been the broadcast home for most, if not, all of NBC’s auto racing coverage between IndyCar, IMSA, and NASCAR.
“There is a lot to work through,” Miles added. “We’re interested in growing the amount of promotion, the amount of events that might be on network television. What will the streaming opportunity be? What is the role for cable?”
Overall, with the number of teams competing in the series providing great competition, he says the series is growing.
