IZOD to Title IndyCar?

Several outlets are reporting that IndyCar is very close to securing series sponsorship from clothing brand, IZOD, at a rumored 3-5 years and $10 million per year. The IRL has called a press conference for Thursday, November 5th, but the topic of the press conference has not been announced. From SpeedTV.com:

The new deal is supposedly worth $10 million a year and is rumored to include $100,000 per car plus some help for Hunter-Reay in landing a full-time ride for 2010. It's not known whether the series will be called the IZOD IndyCar series or the IndyCar series presented by IZOD and the length of the contract is believed to be three or five years.

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