Honda Closer to Finalizing Contract Extension with INDYCAR

Honda Performance Development president Art St. Cyr said a contract extension with INDYCAR to supply engines and aerodynamic bodywork packages to the Verizon IndyCar Series past 2015 is close to being finalized.

"Back when we started this, we had a lot of discussion about some of the technical issues and the technical vision moving forward," said St. Cyr. "I'm happy to say that we have a written resolution on a lot of those technical issues. Some of them, we have verbal agreement. There's still one or two issues that we're still trying to work through.

"Like any company, we want to make sure that we have all of the Is dotted and Ts crossed before we move forward. But our intent and our wish is to resolve those issues obviously before the end of this season so we can move forward with an extension.