Dreyer & Reinbold to announce Hildebrand for 500 (Update)

JR Hildebrand in 2017. Was announced Thursday as the 2nd D&R driver

UPDATE This rumor is upgraded to 'fact' today. JR Hildebrand has been confirmed as the second Dreyer & Reinbold Racing entry for the 2018 Indianapolis 500.

04/11/18 Dreyer & Reinbold Racing team owner Dennis Reinbold will make an announcement concerning the Indianapolis 500 presented by PennGrade Motor Oil at 2:30 p.m. ET Thursday during an INDYCAR media teleconference.

Dreyer & Reinbold Racing, which has entered and qualified 37 cars in the Indy 500 dating back to 1999, will return to a multi-car entry in the Indy 500 after fielding a single car for the past six years. The driver of the second car will join Reinbold on the call.

The Dreyer and Reinbold family has an impressive legacy at the Indianapolis Motor Speedway dating back to the 1920s with legendary car builder Floyd "Pop" Dreyer. Dreyer's grandson, Dennis Reinbold, has served as a car owner in the Indy 500 since 1999 and has recorded four top-10 finishes including a best of fourth in 2012.

Sage Karam has already been announced as the driver of the No. 24 WIX Filters Chevrolet at the Indianapolis 500.