Now confirmed. CLICK HERE FOR STORY
SPEED.com's Robin Miller reports the IndyCar Series will reduce the number of teams eligible to receive series funding next season.
Since the unification of the Indy Racing League and Champ Car in 2008, full-season teams have been awarded $1.3 million per car in TEAM (Team Enhancement & Allocation Fund Matrix) money. For the past two seasons that has included the top 24 in entrant points but, beginning in 2011, SPEED.com reports only the top 22 in the final 2010 standings will be allowed to partake in the TEAM funding. That would disqualify second entries from Conquest Racing and Dale Coyne Racing.
SPEED.com reports that the rationale for the move is ensure the league is not subsidizing the entries of Milka Duno in particular. The Venezuelan raced for Coyne in 2010 with her backing from Venezuela's CITGO oil company.