Swift reacts to IndyCar loss

Swift Engineering, Inc. issued its first statement on Friday following Wednesday's announcement that the 2012 IndyCar chassis would be built by Dallara, with aero kits eligible by other builders. The California-based company offered its congratulations to its Italian-based rival, but gave no indication whether it would take part in the aero packaging process.

“Just as in motorsport, every fiercely fought race produces one victor," said Jan Wesley Refsdal, Swift's president. “We congratulate Dallara on being chosen to provide the next generation IndyCar chassis. We would also like to recognize all of those in this competition whose technical innovation, strategy and execution helped promote the series and American motorsports. Given a more favorable economic climate and the freedom of an open business model, Swift would have welcomed the opportunity to compete with other manufacturers in a truly open chassis competition environment."

"Swift is honored to have been considered amongst the best racecar designers, engineers and manufacturers in the world. To meet this high standard, Swift developed many inspirational concepts and solutions with the direct assistance of partners such as, Cray, Inc., Cruden, Firestone, Honda America, Honda Performance Development, Mark One Composites, Inc. and Metacomp Technologies, Inc. Swift wishes to publically recognize and thank them for their help and support and hopes to continue these valued relationships into other exciting collaborative projects in the near future.

"In addition, we would like to thank Swift's many fans, Facebook and Twitter followers for their passionate support, feedback and ideas during the entire bid process. We wish IndyCar and Dallara every success in their continued partnership."