Honda to Provide Next Generation Hybrid Power Units for INDYCAR

5 October 2020

Honda Supports INDYCAR's announcement of a new hybrid power unit formula, effective beginning with the start of the 2023 NTT season INDYCAR SERIES. Honda Performance Development (HPD) is preparing a 2.4-liter biturbo hybrid power unit capable of producing more than 900 horsepower as INDYCAR advances into an exciting new generation at the top of North American motorsports.

"Honda welcomes this step into the future by INDYCAR, an action that reflects Honda's efforts to develop and manufacture high-performance electrical products that meet industry challenges and delight our customers," said Ted. Klaus , president of Honda Performance Development.

"At Honda, we race to develop our people, to innovate technologies, and to captivate fans. We are proud of our 27 years of uninterrupted leadership at INDYCAR, and we look forward to offering our 2.4-liter Honda hybrid power unit with more than 900 horsepower ".

The hybrid formula is part of a multi-year extension that INDYCAR has signed with Honda and Chevrolet, promising continued inter-manufacturer competition at the top of the North American single-seater racing series into the next decade. The engagement also offers opportunities for other manufacturers to join the series, which Honda strongly supports.

The INDYCAR announcement aligns Honda's North American racing programs with the company's product development activities. Globally, Honda expects two-thirds of its new vehicle sales to use electric power by 2030.

"We at American Honda and HPD are proud of our ongoing and mutually beneficial relationship with INDYCAR in North America," said Dave Gardner , executive vice president of domestic operations for American Honda Motor Co., Inc. "Motorsports and competition make us help define who we are as a company. INDYCAR's transition to an electric formula aligns with the business direction we have for this region. We look forward to the arrival of this exciting new era in North American motorsports. " .

Racing racing is ingrained in Honda culture and supports the challenging spirit of the company. The founder of the company himself, Soichiro Honda , was a racing driver and believed in racing, at the highest levels, as a way to improve Honda's people and products. In North America, American Honda and Honda Performance Development have been leaders in Indy racing since the formation of HPD in 1993.

Honda and HPD entered Indy racing in 1994, and won their first manufacturers' and drivers' championships in 1996. No other manufacturer has matched Honda's success in IndyCar, a success that includes 252 victories in 457 races, 16 drivers' titles, eight manufacturers' championships and 13 victories in the Indianapolis 500.

In 2020, Takuma Sato won the 13 ra victory in the Honda Indy 500; Scott Dixon has scored four victories and is the current points leader in the NTT INDYCAR SERIES; and Honda leads the Manufacturers' Championship with seven wins in eleven races this season.

About Honda 
Honda offers a complete line of safe, fun, connected and clean energy vehicles for sale at more than 1,000 independent Honda dealerships in the United States. Honda has the fleet with the highest average fuel economy and lowest CO 2 emissionsof all full-line automotive manufacturers in the United States, based on the latest data from the United States Environmental Protection Agency (EPA). Honda's offering includes the Fit, Civic, Insight Accord and Clarity series passenger cars, as well as the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda's electric vehicle offering includes the Accord Hybrid, CR-V Hybrid, Insight Hybrid-Electric Sedan, and the Clarity Fuel Cell and Clarity Plug-In Hybrid.

Honda has been producing automobiles in the United States for 38 years and currently operates 19 major factories in North America. In 2019, more than 90% of all Honda vehicles sold in the United States were made in North America, with parts sourced locally and globally.

About Honda Performance Development:
Honda Performance Development, Inc., (HPD) has a rich heritage in creating, manufacturing and supporting Honda Racing and Acura Motorsports customers since 1993. From competing in large sports cars in INDYCAR and IMSA to commercial racing programs , HPD empowers the dreams of professional and amateur competitors ages four to over 40. HPD is a subsidiary of American Honda Motor Co., Inc. and leads all of Honda and Acura's high-performance competition programs in North America. HPD specializes in the design and development of high-performance racing engines, chassis and parts, as well as technical and racing support. HPD offers racing and parts assistance for Honda and Acura amateur and professional racers,