Gil de Ferran

Gil De Ferran, a two-time Champ Car series champion from Brazil who won the 2003 Indianapolis 500, has folded his IndyCar Series team because of a lack of sponsorship money.

Brazilian Indycar veteran racer Tony Kanaan landed a ride for the 2011 season on Monday with the racing team of countryman and former racing rival Gil de Ferran.

Brazilian Push: de Ferran's young IndyCar team gets help by signing former champ Kanaan. All Tony Kanaan really wanted was a full-time ride in the IndyCar Series. Team owner Gil de Ferran delivered his gift a few days early.

IndyCar Series group ready for chassis presentations, moving ahead on engine changes. An IndyCar Series advisory committee will listen to presentations from five manufacturers competing to provide the next generation of chassis for the open-wheel cars.

Veterans Davey Hamilton, Bruno Junqueira, John Andretti out of Indy 500. Raphael Matos' promising run at Sunday's Indy 500 ended with a crash, the fourth accident in the first half of IndyCar's biggest event.

Chess game: Push-to-pass could add speed, intrigue to Indianapolis 500. Helio Castroneves has everything he needs to win another Indianapolis 500.

Former Indy 500 winner de Ferran to merge IndyCar operations with Luczo Dragon team. Gil de Ferran wants back in the IndyCar series ? this time, as a team owner. Jay Penske wants to beat his father on the racetrack.

Former Indy 500 winner Gil de Ferran to retire from Le Mans Series at end of season. Former Indianapolis 500 winner Gil de Ferran is ready to get out of the cockpit and back into the IndyCar Series ? but as an owner, not a driver.

Peugeots 1-2 in early going at Sebring 12-Hour race in American Le Mans Series opener. A pair of Peugeots set the pace in the first three hours of Saturday's Mobil 1 Twelve Hours of Sebring.