Stephen starks, Vice President of American Indy Racing Organization, Wang, President of Mingtai Investment Development Group, and some local government and media representatives attended the press conference.
Regarding this cooperation, Wang, president of Mingtai Investment Development Group, said: "Mingtai Investment Development Group was established in 2004 and is a member of the Greater Geely Group together with Geely Automobile and Volvo Automobile. In 2006, we invested in racing business, starting with Formula One racing, which is most conducive to demonstrating automobile technology, and starting with China Formula One Grand Prix and FIA.
F4 China Championship has established an industry position, trained a large number of drivers for China automobile sports, and attracted a large number of ordinary citizens to participate in automobile sports through a number of basic events. In the next step, Mingtai Racing will actively participate in other racing sports and develop multi-manufacturer racing platforms.
This weekend, China fans will be able to watch the prestigious Indy 500 for the first time. The two sides will also make joint efforts to promote the Indian racing car with the same name as F 1 to host the China in China.
The Indy Racing Series is the highest single-seater race in North America. Indy Racing adopts four-wheel exposed single-seat racing car, and its overall structure is similar to F 1. The chassis and engine manufacturers are unified and use ethanol fuel. Compared with F 1, Indy racing car has bigger weight and size, which puts forward higher requirements for drivers' skills and courage, and the competition is more intense. In the 20 17 season, the Indy Series is held in 17 races throughout the year. Track types include street track, track track, circular high-speed track and composite track combined with circular track.
In the Indy Racing Series, the Indy 500th Grand Prix, founded in 19 1 1, attracted the most attention. This is a classic super-elliptical high-speed track race with 200 laps. Even before the first Le Mans 24 Hours in 1923 and the F 1 Monaco Grand Prix in 1950, the Indy 500th Grand Prix had a long history. This legendary race with a history of 100 years attracts the attention of fans all over the world every year with its fierce competition and unique style.