IMSA WEATHERTECH SERIES
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ZIONSVILLE, Ind. (July 22, 2026) – Rahal Letterman Lanigan Racing (RLL) announced today that the team has sold one of their three NTT INDYCAR SERIES charters to Dreyer & Reinbold Racing (DRR). The transaction is subject to INDYCAR approval. With the possession of a charter, DRR will return to fulltime NTT INDYCAR SERIES competition beginning in 2027 with a one car entry.
RLL was granted three of the 25 charters that the INDYCAR SERIES distributed to full season teams in late 2024. The charter system was created to generate immediate value for NTT INDYCAR SERIES team owners and their entries that is expected to grow over time as the sport continues its upward trajectory.
DRR, based in Carmel, Ind., competed in its 27th Indy 500 this past May with the 100-year legacy of the Dreyer and Reinbold families at the historic Indianapolis Motor Speedway, dating back to DRR team owner Dennis Reinbold’s grandfather, the legendary Floyd “Pop” Dreyer, serving as a mechanic for the Duesenberg team in the 1920s. DRR has qualified 57 cars for the Memorial Weekend motorsports classic. The last season of fulltime INDYCAR competition for DRR was in 2012.
DRR will announce the full program details at a later date, including Driver and Partners for the 2027 NTT INDYCAR SERIES campaign.
The NTT INDYCAR SERIES is North America’s premier open-wheel racing competition, featuring stars from across the globe competing at speeds faster than 370 kph (230 mph). Along with hosting the world-famous Indianapolis 500, the series boasts a mix of oval, temporary street circuit and permanent road course races across North America. The NTT INDYCAR SERIES is sanctioned by INDYCAR, the governing body for North America’s premier open-wheel racing series and part of the Penske Entertainment family.
For more information about the series, RLL or DRR, visit www.indycar.com, www.rahal.com or www.dreyerreinboldracing.com.
QUOTEBOARD:
BOBBY RAHAL, Co-owner of Rahal Letterman Lanigan Racing: “I have always had tremendous respect for Dennis Reinbold, both as a fellow team owner and as a fellow automobile dealer. His dedication to INDYCAR and the legacy he built over many years earned the respect of everyone in the paddock.
“As we evaluated the long-term direction of our organization, we made the strategic decision to return our fulltime program to two cars beginning in 2027. We believe this positions our team to be able to maximize our level of competition while allowing us to focus our resources as we prepare for the introduction of the new car.
“Dennis had expressed interest in acquiring a charter from the time the charter program was established, and we had several discussions with him before his passing. We’re pleased we were able to complete this transaction, and we can’t think of a more deserving organization to receive the charter. It reflects Dennis’s longstanding commitment to the sport and helps ensure that legacy continues.”
DEREK REINBOLD, Chief Executive Officer of Dreyer & Reinbold Racing: “I want to thank Bobby Rahal, Mike Lanigan, David Letterman, and Jay Frye for the way they approached this from our very first conversation. They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that.
“The NTT INDYCAR SERIES is in the strongest position it has been in for decades, and that is a direct result of Roger Penske’s stewardship and leadership. The growth of this series, on the track and off, made this the right moment for our team to return to full-time racing. My dad built Dreyer & Reinbold Racing and poured his life into it, and our family has been part of the Speedway for four generations. Competing for a full season again is the truest way we can honor his legacy, and we intend to make him proud.”
MARK MILES, President and Chief Executive Officer of Penske Entertainment: “The first transfer of an INDYCAR charter is an important milestone for the INDYCAR charter system and demonstrates that the system is working as intended. The charter system provides teams with a valuable asset encouraging their continued investment in the long-term growth of the sport while also providing new ownership groups with a clear pathway into the series. It’s another step in strengthening the long-term foundation of INDYCAR.”
About Rahal Letterman Lanigan Racing
Rahal Letterman Lanigan Racing, based in Zionsville, Ind., is co-owned by three-time IndyCar Champion and 1986 Indianapolis 500 winner Bobby Rahal, former CBS Late Show host David Letterman and Mi-Jack co-owner Mike Lanigan. In 2026, the team will compete in its 35th year of competition and will attempt to add to its 30 Indy car wins – including the 2004 Indy 500 from pole with Buddy Rice and the 2020 Indy 500 with Takuma Sato — their 38 poles, 112 podium finishes and 1992 series championship. The team also competed in the American Le Mans Series from 2009-2013 as BMW Team RLL where they won both the Manufacturer and Team Championships in the GT category in 2010 and swept all three GT titles in 2011 – Manufacturer, Team and Driver. In 2012, the team finished second in the Team Championship and third in the Manufacturer Championship and in 2013, the team finished second in the Driver, Team and Manufacturer Championship. From 2014 to 2021, BMW Team RLL competed in the GTLM class of the IMSA WeatherTech SportsCar Championship with a two-car program. In 2022, BMW M Team RLL competed in the GTD PRO class in IMSA while simultaneously ramping up for a two-car program in the much-anticipated GTP class in IMSA for 2023. In total, the team has earned 25 wins – including the 2019 and 2020 Rolex 24 at Daytona endurance races, 34 poles and 107 podium finishes prior to the completion of the 2025 season. BMW M Team RLL highlights also include second-place finishes in the Manufacturer, Team and Driver championships in 2015 and 2017 and being named the 2020 Michelin North American Endurance Champions. In 2026, the team will compete in IMSA’s GTD PRO class with a one-car entry as RLL Team McLaren.
About Dreyer & Reinbold Racing
Dreyer & Reinbold Racing was founded in 1999 by Indianapolis car dealer Dennis Reinbold. The legacy of the Dreyer and Reinbold family dates back to the 1920s with Reinbold’s grandfather, the legendary Floyd “Pop” Dreyer, a former factory motorcycle racer. Dreyer served as a crewman and mechanic on the famed Duesenberg team. Dreyer went on to build Indy 500 cars in the 1930s, many of which started on the front row. In addition, Dreyer constructed championship-winning sprint cars and midgets. Dreyer & Reinbold Racing captured its first win in 2000 with driver Robbie Buhl at Walt Disney World Speedway in Orlando, FL, and has fielded a variety of drivers including Al Unser Jr., Buddy Rice, Buddy Lazier, Sarah Fisher, Ryan Hunter-Reay, and Townsend Bell.
