Not Shifting Into Reverse Just Yet
The IRL is getting some more help from mechanical manufacturers.
XTrac, the company that produces gearboxes for the IRL is reducing its cost to help ease current financial troubles. This is good news after the IRL recently announced that the usual three year engine cycle would be extended to five years to help out finances. Financial help usually never comes from outside a company no matter what line of work one could be involved in, the IRL needs all it can get.
“We have been a part of the IRL formula since 2000 and we are willing to share in the pain of the economic crisis,” said Peter Digby, Xtrac’s managing director. “In some cases, we will be offering savings of over 15 percent plus reduced AGS service costs and intervals. This is a big step.”
The combination of saving money on engines and gear boxes will give the IRL a chance to adjust to the hard economic times.
Without the help they have received I wonder how the IRL and its teams would be holding up. Teams should be counting their lucky stars.
“I think it shows what a great partner the Indy Racing League has in Xtrac,” said Brian Barnhart, president of competition and operations for the sanctioning body. “In these economic times, to help reduce the costs of participation in the IndyCar Series is quite a gesture on their behalf.”
