The Indianapolis 500 scheduled for May 24 has been postponed until August because of the coronavirus pandemic and won't run on Memorial Day weekend for the first time since 1946.

IndyCar President and CEO Mark Miles says he will continue to evaluate the situation daily and discuss with teams and parts suppliers the next best steps. As of now, he says May racing is still on.

James Hinchcliffe will return to Andretti Autosport for three races during the 2020 season -- the road course race at Indy, the Indy 500 and at Texas Motor Speedway.

The purchase of the racetrack and its subsidiaries, including the IndyCar series, was completed Monday.

Indianapolis Motor Speedway and the IndyCar Series were sold to Penske Entertainment Corp. in a stunning move Monday that relinquishes control of the iconic speedway from the Hulman family after 74 years.

The racing series announced Thursday it will integrate a hybrid powertrain into its cars beginning in 2022.

The device been dubbed "Advanced Frontal Protection" will be introduced during an April 24 test session at Indianapolis Motor Speedway.

NTT replaces Verizon, which was title sponsor of the Indianapolis-based auto racing series from 2014 until it ended its partnership last season.

The Canadian crashed at Pocono on Aug. 19 and suffered a thoracic spinal fracture, spinal cord injury, neck fracture, tibia and fibula fractures to both legs, fractures in both hands, fractured right forearm, fractured elbow, four fractured ribs and a pulmonary contusion.

Will Power has won all three of his IndyCar Gran Prix after starting on the pole position.