Verizon Communications Inc. is a global broadband and telecommunications company and a component of the Dow Jones Industrial Average. The company's headquarters are located in Lower Manhattan, New York City.
The IZOD IndyCar Series is the premier level of American open wheel racing. The current championship, founded by Indianapolis Motor Speedway owner Tony George, began in 1996 as a competitor to CART known as the Indy Racing League . Citing CART's increasing reliance on expensive machinery and overseas drivers, George aimed to create a lower-cost alternative. In 2008, the IndyCar Series merged with the Champ Car World Series . The series is sanctioned by IndyCar.