Juncos Hollinger Racing Seeks Investor for Future Growth
Speedway, Ind. – Brad Hollinger, co-owner of Juncos Hollinger Racing (JHR), is actively pursuing a new investor to bolster the team’s competitive presence in the IndyCar Series. Hollinger, who partnered with Ricardo Juncos, is aiming to secure a stakeholder with an investment similar to his own, enhancing financial stability and operational capacity.
Since its re-entry into IndyCar in 2021, following a previous stint from 2017 to 2019, JHR has aimed to establish itself among top-tier teams. Hollinger’s significant investment was intended to provide an annual budget of $8-10 million per car; however, progress has been slow, prompting a strategic shift for the 2025 season.
Effective immediately, JHR is restructuring its driver lineup. Conor Daly will take the wheel of the primary car, backed by Hollinger and personal sponsorships. Meanwhile, the second car will transition to a for-hire model, with promising driver Sting Ray Robb already aboard.
Hollinger, in his fifth year as a team owner, has approved infrastructure expansions and upgrades in engineering under the leadership of former Formula 1 team manager Dave O’Neill. He is optimistic about the momentum generated by the series’ management under Roger Penske, citing that improved commercial prospects have led to a more sustainable revenue stream.
“Revenue has come in much more meaningfully… Prior to this year, it’s been nearly 100 percent me. So yes, I would like to bring in a partner to join me,” Hollinger stated in a recent interview, acknowledging interest from potential investors, including individuals and equity groups.
The team’s long-term strategy emphasizes research and development (R&D) to bridge the gap with established competitors such as Ganassi and Penske. Hollinger alludes to the integration of advanced technologies like AI to enhance performance, underlining the necessity for increased capital to fuel this growth.
“R&D is where the biggest differences are made. That’s where I’d see a new partner-investor as being important for us," he elaborated.
In a sport where name recognition can significantly impact visibility and backing, Hollinger hinted at the possibility of a rebranding that could lead to JHR becoming the second three-name team in IndyCar history, alongside Rahal Letterman Lanigan Racing.
“We would want to promote the team in the most significant way and create some excitement,” he said, emphasizing the importance of solidifying business foundations before pursuing a name change.
As JHR navigates this transitional phase, the drive for enhanced financial backing and technical development will be critical for competing effectively in the evolving landscape of IndyCar racing.
