Chevrolet will compete in the 2012 IZOD IndyCar series with a new twin-turbocharged, direct-injected V6 racing engine powered by E85 ethanol fuel.
Next Wednesday Detroit Mayor Dave Bing , Mark Reuss, President, GM North America, Roger Penske, Chairman, Penske Corporation and Randy Bernard, the CEO, of IndyCar will hold a news conference where they will announce that Indy car racing will return to the Motor City.
Indy cars last visited Detroit in 2008 as the Great Recession was taking hold with automakers already in bad financial shape. The race return is the latest sign of the gradual recovery of the Detroit Three automakers as traditional and expensive marketing techniques are redeployed.
A new 2012 Chevrolet powered Indy Car will also be publicly shown for the first time. Team Penske and Andretti Autosport will use the Chevrolet engines, as Chevy returns Indy Car racing for the first time since 2005, when the open wheel racing series went exclusively with Honda supplied engines. Both auto racing teams have run at the top of the standings for decades. The 2012 Indy Cars used next season will be lighter, faster and because of turbocharging, quieter, which might not be seen as am improvement by fans. (See also Honda Reveals IndyCar Refueling Interlock System)
