Veteran Conor Daly will return to Ed Carpenter Racing (ECR) for a full-season NTT INDYCAR SERIES effort in 2022, driving the No. 20 Chevrolet with sponsorship from new crew associate BitNile Holdings, Inc.
BitNile’s multiyear deal additionally contains serving as an affiliate sponsor on ECR’s second entry, the No. 21 Chevrolet pushed in 2022 by Rinus VeeKay.
BitNile Holdings, Inc. is a diversified holding firm specializing in disruptive applied sciences, together with cryptocurrencies and improvements within the discipline of Decentralized Finance (“DeFi”). BitNile focuses on large-scale crypto mining with energy-efficient, highly effective operations strategically situated in North America. In addition, BitNile at present operates its personal high-density knowledge heart. With a mission to simplify the DeFi course of for all concerned, BitNile invests in know-how platforms that present crypto holders a automobile to earn curiosity on their crypto belongings.
BitNile Founder and Executive Chairman Milton “Todd” Ault III has spent his total profession investing in undervalued belongings and disruptive applied sciences. He believes becoming a member of the NTT INDYCAR SERIES with ECR will yield related rewards.
“I’ve been a fan of INDYCAR racing for a very long time, and we’re proud to have the chance to crew up with Ed Carpenter Racing,” Ault mentioned. “It’s a pure match for BitNile to hitch an Indiana enterprise like Ed’s as we’ve got various investments within the Midwest, together with our mining services. BitNile operates with a ‘Risk On’ philosophy the place danger is an integral factor if you wish to win. Conor Daly and ECR share that mindset, making us in good alignment.”
The upcoming season will mark Daly’s return to ECR for a 3rd 12 months, although it will likely be his first as full-time driver of the No. 20 BitNile Chevrolet. For the previous two years, Daly has break up his skills between two groups. For the street and road course occasions and the Indianapolis 500 introduced by Gainbridge, Daly raced for ECR; for the remaining oval occasions, he drove for Carlin. Over the previous eight years, Noblesville, Indiana, native Daly, 30, has competed in 80 INDYCAR SERIES races. The 2021 Indianapolis 500 proved a profession spotlight for the hometown favourite as he led for a race-high 40 laps.
“Being chosen to symbolize BitNile is undoubtedly one of the crucial vital alternatives of my profession,” Daly mentioned. “This is an unimaginable partnership that we stay up for having the ability to strengthen and develop as we go after race wins collectively.
“To be capable of come again to Ed Carpenter Racing for the total season is unimaginable. I haven’t had the prospect to be with one crew for the whole 12 months since 2017, so that is one thing I’m very, very grateful for. I’ve a variety of religion in ECR, and every year we proceed to get higher collectively. I couldn’t be extra excited to get on monitor within the BitNile Chevrolet.”
Team proprietor Ed Carpenter grew to become well-known within the Bitcoin house in 2021 as he welcomed the primary decentralized sponsorship within the historical past of racing. The Bitcoin neighborhood supported all essential on-track actions for ECR’s Bitcoin Chevrolet through the Month of May. Carpenter later spoke on the Bitcoin 2021 convention and continues to be acknowledged as a paddock chief within the crypto business.
“I’m extraordinarily proud to welcome BitNile to the ECR household,” Carpenter mentioned. “It is thrilling to have the ability to increase our crew’s involvement within the tradition of Bitcoin after operating the Bitcoin automotive final May. We may also symbolize just a few different thrilling manufacturers inside BitNile Holdings because the 12 months progresses, so there may be extra to come back.”
ECR will proceed to compete within the NTT INDYCAR SERIES with two full-time entries in 2022. Daly’s season-long teammate is fellow third-year ECR driver VeeKay, who stays within the No. 21 Chevrolet. Carpenter, a three-time Indianapolis 500 pole winner, will be a part of Daly and VeeKay to spherical out ECR’s three-car program for the 2022 Indy 500. Confirmation of Carpenter’s participation within the three further oval occasions could come at a later date.
Always desirous to hone his driving skills, Daly returns to grime monitor racing this weekend as he competes within the Chili Bowl Nationals Friday and Saturday at Tulsa, Oklahoma. On Wednesday, Jan. 19, Daly and Carpenter can be visitors on Ault’s podcast, “Risk On.” Viewers can watch a livestream from the ECR store on YouTube at 4 p.m. (ET).
The 2022 NTT INDYCAR SERIES season begins Sunday, Feb. 27 with the Firestone Grand Prix of St. Petersburg introduced by RP Funding on the streets of St. Petersburg, Florida.