Dreyer & Reinbold Racing has purchased an NTT IndyCar Series charter from Rahal Letterman Lanigan Racing for the 2027 season, the team announced July 22.
If the transaction is approved by INDYCAR, DRR will make its return to full-time racing in the series. It would the first time full-time season for the team since 2012.
“I want to thank Bobby Rahal, Mike Lanigan, David Letterman and Jay Frye for the way they approached this from our very first conversation,” Derek Reinbold, DRR CEO, said in a release. “They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that.
“The NTT IndyCar Series is in the strongest position it has been in for decades, and that is a direct result of Roger Penske’s stewardship and leadership. The growth of this series, on the track and off, made this the right moment for our team to return to full-time racing. My dad built Dreyer & Reinbold Racing and poured his life into it, and our family has been part of the Speedway for four generations. Competing for a full season again is the truest way we can honor his legacy, and we intend to make him proud.”
“I have always had tremendous respect for Dennis Reinbold, both as a fellow team owner and as a fellow automobile dealer,” added RLL co-owner Bobby Rahal. “His dedication to INDYCAR and the legacy he built over many years earned the respect of everyone in the paddock.
“As we evaluated the long-term direction of our organization, we made the strategic decision to return our full-time program to two cars beginning in 2027. We believe this positions our team to be able to maximize our level of competition while allowing us to focus our resources as we prepare for the introduction of the new car.
“Dennis had expressed interest in acquiring a charter from the time the charter program was established, and we had several discussions with him before his passing. We’re pleased we were able to complete this transaction, and we can’t think of a more deserving organization to receive the charter. It reflects Dennis’ longstanding commitment to the sport and helps ensure that legacy continues.”
The transaction marks the first transfer of a charter since the introduction of the system in late 2024.
DRR said it plans to announce the full details of the program, including drivers and sponsors for the 2027 season at a later date.
The team competed in its 27th Indy 500 in May with a driver lineup of Conor Daly and Jack Harvey, who finished 12th and 22nd, respectively.
RLL has not revealed which of its three current entries — driven by Louis Foster, Graham Rahal and Mick Schumacher — will be transferred to DRR.
Logan Kendall joined the Frontstretch team in 2025 as the Tuesday news writer and eventually branched out into assisting with Frontstretch's social media and video team operations as well. Outside of motorsports, he has an interest in history, meteorology, and government.
Interesting. Graham hanging up his spurs?
Graham retiring is an interesting thought – it’s totally possible, but at the same time he’s had better results this year than he has for a while. I couldn’t really see him going to another team. Choosing between Louis and Mick could be tough. Although, I think Mick’s contract was only for one year – which would give DRR flexibility in going with another driver or renegotiating the seat with Mick.