IndyCar veteran Will Power will part ways with Team Penske at the end of the 2025 season, bringing an end to a remarkable 17-year stint with the iconic organisation.
Power, a two-time IndyCar champion and 2018 Indianapolis 500 winner, leaves with an extraordinary record. He has 45 career race victories and a record 71 pole positions to his name, cementing his place as one of the greatest qualifiers in series history. Of those wins, 42 came during his time with Team Penske.

Team Penske confirmed the news in a statement on Tuesday.
“Team Penske announced today that after 17 years, driving for the legendary organisation, Will Power will depart the team prior to the 2026 season.”
“Will Power is one of IndyCar’s most decorated drivers with 45 wins, two IndyCar Championships (2014 and 2022) and one Indianapolis 500 victory.
“Power collected 42 of his IndyCar victories during his time with Team Penske, in addition to 71 pole positions that have distinguished him as the greatest qualifier in series history. Team Penske will announce their plans for the No.12 Chevrolet at a later date, prior to the 2026 season.”
Team owner Roger Penske acknowledged that the decision came after careful discussion.
“As we sat down to talk about our future together, Will felt that it was time for him to make a change, beginning with next season. He has been an outstanding driver and teammate for our organisation. His results speak for themselves, and we wish him the very best in the next phase of his career.”
Power himself admitted the decision had not been easy.

“It’s been the honour of my life to drive for Roger and the Penske organisation,” said Power.
“We have accomplished so much together, and I will always be grateful for my time with the team and my teammates who have supported me along the way. After much consideration, I felt like a change for me was the right move at this time.”
Power’s future destination remains uncertain, though speculation has already begun. He has been linked with a potential move to Andretti Global, particularly if Colton Herta secures a much-discussed switch to Formula 2.
Dale Coyne Racing has also been mentioned as an option, with the team looking to replace Rinus VeeKay, who is not returning after five years.
According to multiple sources, VeeKay is expected to join AJ Foyt Racing, while David Malukas could be in line to take over Power’s seat at Penske, becoming teammates with Josef Newgarden and Kiwi driver Scott McLaughlin.
McLaughlin, who joined IndyCar with Team Penske in 2021, shared an emotional tribute to his departing teammate.
“Thank you, Will. I never thought I’d end up teammates with a true motorsport legend, but this crazy journey brought me there. I have enjoyed learning from you and trying to hone my craft to be as precise as you are.

“I’ve still got a ways to go, but I will always cherish the time we spent working together. I wish you all the best on the next journey. I’m proud to call you a teammate, but even more proud to call you a friend.”
Power departs as one of the most successful drivers in IndyCar history. His two championships (2014 and 2022), along with his 2018 Indy 500 win, are highlights in a career defined by consistency, speed, and qualifying brilliance.
With the IndyCar “silly season” in full swing, more driver announcements are expected in the coming weeks. But one thing is certain: Power’s exit marks the end of an era at Team Penske.
Header Image: Penske Entertainment – Chris Owens