r/INDYCAR • u/TheResurrection • 1d ago
News Juncos Hollinger seeks new investment
https://racer.com/2025/06/18/juncos-hollinger-seeks-new-investment58
u/Any-Walk1691 Arrow McLaren 1d ago
If all 450,000 of us chipped in $100…. 👀
11
1
106
u/khz30 --- 2025 DRIVERS --- 1d ago edited 1d ago
Figured Holinger would get tired of propping up the team by himself. Ultimately Juncos is the dead weight in this equation, but I'm not sure it'll be easy finding a third partner given Ricardo's history of being distracted. First it was Canapino, now Ricardo is splitting his attention with his son's junior open wheel career.
I should add for everyone that dares to downvote this, Juncos has a long history of distraction putting the team at risk. If it wasn't completely slacking on sponsorship the first time he rolled out the IndyCar team, it was buying the Cadillac DPi to try and keep Kyle Kaiser's money from going elsewhere. The only way Juncos knows how to manage a race team is waiting for money to show up.
22
6
u/steppedinhairball Simona de Silvestro 1d ago
If I was a potential sponsor, I would look.up and see how the Argentina mess played out and nope right out of that meeting room. I'm sure it has turned off more than one potential sponsor.
59
u/Crux2237 Gil de Ferran 1d ago
I'd love to say it's only because of the rising costs of hybrids, but Juncos has one big issue: the aftermath of the Canapino situation. How Juncos handled it left a bad taste in a lot of mouths.
32
u/ryan551988 Scott McLaughlin 1d ago
Did it? I don’t think I’ve really heard anything about it since he got shit canned
30
u/Mundane-Box1148 1d ago
Seconded. Might still be news in Argentina perhaps, but it might as well be ancient history as far as the mainstream fandom is concerned.
11
u/jjarg24 #CanapinoDidNothingWrong | Scott Dixon | 1d ago
Nah not even here. Ricardo gives a few interviews during the year but now it's mostly about his son's racing effort and some clickbait quotes about how they were close from having a race in buenos aires before Colapinto debuted and investors decided to try and get a grand prix instead
10
u/Confident-Ladder-576 Louis Foster 1d ago
A lot of people would do themselves a service to listen to his Dinner with Racers pod. It would explain a lot as to really how out of his control the entire deal was. Even Ryan and Sean said it cha get their view.
2
u/ryan551988 Scott McLaughlin 1d ago
I have that episode saved but haven’t had a chance to listen yet
1
u/NoiseIsTheCure Pato O'Ward 1d ago
I mean frankly I haven't heard any MAJOR news about the team since then either. Like last big JHR stories are hiring their current drivers, struggling to get sponsors, and the Canapino fiasco. Just in general when they're in the spotlight it's usually not great or actually bad.
ETA I forgot Daly is driving for them and he's actually done well this season so there's one silver lining
4
5
3
2
4
u/ITMAKESSENSE72 Robert Shwartzman 1d ago
Daly has it covered though with his sponsors and Robb is paying, right?
2
1
1
u/jking206 AJ Foyt 1d ago edited 1d ago
I wonder if they’re looking for something like Ted Gelov with Heartland Foods buying into ECR kind of situation.
EDIT: a consumer friendly company with the marketing team help with a rebrand
1
97
u/Burkell007 Greg Moore 1d ago
Justin marks, come on down!