President of Hulman and Company, the owners of IndyCar and the Indianapolis Motor Speedway, Mark Miles says that an announcement on the new series title sponsor will be made next month according to media reports in the US overnight.

Long term sponsor Verizon ended their partnership at the conclusion of the 2018 season however they will remain as telecommunications supplier to the series and will also remain as title sponsor to Team Penske.

It is unclear who will fill the void left by Verizon but it will be interesting to see who it will be.

It is the perfect time for a new sponsor to come in as the series is going from strength to strength with new teams and tracks arriving for the 2019 season.

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