Hulman and Company President CEO Mark Miles, the owners of IndyCar and the Indianapolis Motor Speedway has confirmed that a return to Surfers Paradise in Austalia is on the cards for February 2020.

Miles and his team visited Australia recently and had positive meetings with local government officials about the race.

Miles has also confirmed that the series will announce a new primary sponsor in the coming days.

Speaking during a live Facebook Q&A on Wednesday, Miles also confirmed that they will announce a new presenting partner for the 103rd running of the Indianapolis 500 at the Indianapolis Motor Speedway in the coming weeks.

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