According to the Indiana Buisness Journal, the Indycar Series is finally closing in on a tittle sponsor.
"We are talking to a company that is in the third stage of consideration. We’re darn close to being able to get that [title sponsor deal] done. The company we’re talking to is a big consumer brand, and it would be very good for the series.” -Terry Angstadt
All of this comes just a couple weeks after SpeedTV's Robin Miller reported that the IRL has turned down tittle sponsorship offers from Menards. Miller said that Menards was offering much less than the 8-12 million that the IRL has reportedly been requesting.
“It’s certainly a challenging time, but there are opportunities in challenging times. Ask my boss about that. He’s out there buying car companies.” -Tim Cindric
UPDATE: Check out JP's blog for a specific company that could be interested.