IndyCar has completed its first-ever sale of a team charter, in a deal that will reshape the series' grid from 2027. Rahal Letterman Lanigan Racing has agreed to sell one of its three charters to Dreyer & Reinbold Racing, subject to approval from IndyCar, marking a significant moment for the sport as charters – which guarantee entry and financial benefits – become tradeable assets between teams for the first time.

The move brings a team already well known to IndyCar fans back into a fuller role on the grid via the charter system, while Rahal Letterman Lanigan Racing retains two of its three charters. The sale sets a precedent for how future charter transactions may unfold within the series, with further details of the arrangement expected as the transaction moves through the approval process.