Ricardo Juncos announced on Tuesday that he has teamed up with Brad Hollinger to form Juncos Hollinger Racing with the team making their NTT IndyCar Series debut starting with the Grand Prix of Portland, followed by the Firestone Grand Prix of Monterey and the Acura Grand Prix of Long Beach.
Speaking following the announcement, Ricardo Juncos said:
The opportunity to partner with someone who shares many of the same values, passion, determination, and is forward-thinking like Brad Hollinger makes this an incredible moment in our team’s history. “Brad has a lot of experience at one of the highest levels in racing and brings resources that will create more opportunities and growth for all of our programs. I am looking forward to what our future holds at Juncos Hollinger Racing and taking our team to the next level.”
The Chevrolet-powered team are no stranger to IndyCar having competed in the series as Juncos Racing.
Brad Hollinger who is no stranger to motorsport as he is the second largest shareholder in Williams Grand Prix Engineering commented on the news saying:
“I am very excited to join Ricardo and the Juncos Racing team. “Since we first met, Ricardo’s relentless drive for success, knowledge of open-wheel racing, and engineering expertise were quite apparent. His winning spirit along with our shared vision and commitment to be a front running team made my decision to join Juncos Racing a simple one. I recently transitioned from the Formula One world, where the sport entertained an international audience, yet had limited fan participation in the United States. My view of INDYCAR SERIES racing, in light of Formula Ones’ limited exposure, is that significant growth opportunities exist. This premise prompted me to seek an INDYCAR SERIES team with a combination of engineering acumen, a culture of excellence, and a track record of success. With an infusion of funds to obtain the best equipment and INDYCAR SERIES talent, Juncos is a team poised to be fiercely competitive in the NTT INDYCAR SERIES. Further, INDYCAR SERIES racing is an American-born motorsport with a significant spectator platform that has major growth potential. The racing is very competitive and exciting, creating a viewer experience that is attractive to businesses focused on national and international branding. In addition, all major networks are seeking live sports content at an unparalleled level.”
Juncos Racing famously knocked Fernando Alonso out of the 2019 Indianapolis 500 with Kyle Kaiser and Juncos said:
Since the Indianapolis 500 in 2019, we have been looking for the right opportunity to get back on track in the INDYCAR SERIES. “After a difficult 2019 year and then with us all facing the terrible and unfortunate times during COVID-19 in 2020, our efforts were derailed until this year. Once we committed to a full 2022 NTT INDYCAR SERIES season, we made the plan to get on track this year for the final three races this season to begin our preparation for next year. To be back on track and to get to this point would not have been possible without the support we have received. Since we first committed to running in the Indianapolis 500 during 2017, Chevy, Firestone, INDYCAR SERIES, and the Indianapolis Motor Speedway have been there for us every step of the way. Our relationships with Chevy and Firestone remained strong even when we were not on track, and the support they have provided since we made the decision to get back out there this year has been incredible. Thank you to everyone who has continued to believe in our program and we look forward to seeing you all on track in September!”
Juncos Hollinger Racing plans to run a full-time NTT IndyCar schedule in 2022 and Hollinger concluded saying:
Ricardo and Juncos’s winning history in open-wheel racing and their state-of-the-art engineering platform not only position us for future success but also advances Juncos’s Road to Indy driver development program. “The combination of Ricardo’s racing expertise and Hollinger resources positions Juncos for success on multiple levels of open-wheel racing.”