An era has ended: Will Power, who over the last 17 years has become synonymous with the No. 12 Verizon Team Penske-Chevrolet will next season pilot the No. 26 Andretti Global-Honda. The team/driver combination that yielded two IndyCar Series championships, 42 wins (including an Indy 500) and 65 poles is no more. And while there hasn’t been any public mordancy between Power and his erstwhile employer – each party is grateful for their successes, and certainly Will won’t forget Roger Penske’s support at certain crisis points in his career and life – nor has the parting been harmonious…
Why? Because it seems to have little basis in logic. And behind all the fervor and fight, passion and perseverance, Will Power is a logical man. Being cut loose just doesn’t compute.
And to think, just a few years ago, Power thought his retirement from the cockpit might include the chance to take over where Rick Mears left off, as a driver adviser for America’s most legendary team. That bright idea gradually dimmed over the past couple of seasons, as he gave his considerable all, and with tangible results – he was, to my mind, the best IndyCar driver of 2024 – yet was proffered no new contract. Yes, he recognizes it’s Team Penske’s right to choose its driver lineup, but he has excelled over the past two seasons, so the lack of dialogue over a new contract and the unspoken assumption that he would retire when the team decreed was both puzzling and hurtful.
Finally, soon after his brilliant Portland victory, Power received a call summoning him to Penske HQ in Detroit. There was an offer – for a single additional season. Mentally it jarred, given that he won a race in a difficult season for the team and has been Penske’s best driver this year and last, more often than not. But it also felt as if the team had set Will’s ‘use by’ date and, since he hadn’t obligingly decided to retire, had instead figured he’d either drop off in pace next year, justifying the team dispensing with him, and/or make him less appealing to Penske’s principal rivals.
What Penske planned to do if Will had taken this 2026 offer, we may never know. Would RP have been prepared to run four cars – for Josef Newgarden, Scott McLaughlin, the incoming (we assume) David Malukas and Power – despite only three cars per team being granted the $1.2m Leaders Circle money from IndyCar? Would there have been a supposedly joint entry from Penske and its current technical partner A.J. Foyt Racing? Or would Power have remained in the No. 12 and Malukas spent another season at Foyt?
It’s a moot point. Power decided not to fly to Motown, instead informing Penske that he wouldn’t be returning to the team. And… that was it. An inglorious end to a glorious partnership.
But how on earth did he ever come to be on Penske’s discard pile?
Power, of course, won his second IndyCar championship in 2022, but following an off-season in which his beloved wife Elizabeth nearly died, his 2023 campaign was rough. As well as the increased time he put into being a home-maker, shouldering a greater part of the responsibility of bringing up their son Beau as well as tending to Liz, he’ll admit his head wasn’t as in the game as often as it had been in all previous seasons. He was asking himself unanswerable questions – primarily, should he even be partaking in a dangerous sport when his wife’s health was teetering? He bluntly admitted his dread of Beau being left an orphan. Muscle memory meant Will’s driving was still good that year – he took a couple of poles and four podiums and finished seventh in the championship – but it had lost some of its traditional bite because he was arriving at tracks with a tumult of other, far more important thoughts tugging for his attention. For the first time since his rookie Champ Car campaign of 2006, Power went a season without a victory.
To those within the team who didn’t know everything going on in his private life, it appeared that its most dependable driver, now the wrong side of 40 years old, had given his all to win that ’22 championship, then the adrenaline had dropped and he might now be starting a decline. To others who knew the facts but have an underdeveloped empathy gene, it was an opportunity to capitalize on Power’s travails and cast around for a cheaper replacement for when his contract expired at the end of ’25.
They underestimated him. This was a man who had recovered from a broken back while a Penske part-timer in 2009 to become the team’s cutting edge. And after narrowly missing out on the IndyCar title in 2010, ’11 and ’12, he had dug deep in his reserve of resolve to end 2013 on a high and carry that momentum all the way to the 2014 championship. The bounceback in ’12 had also been particularly admirable given that he was one of the 15 drivers eliminated in the hideous chain-reaction incident at Las Vegas Motor Speedway that claimed the life of Dan Wheldon in the 2011 finale. The No. 12 Penske had taken off from the back of another car, banked into a lurid flight toward the catchfencing, and only good fortune in trajectory and a wheel tether had prevented him suffering, at the very least, a life-changing injury. Power did, however, fracture his spine for a second time.
From ’15 through ’21, he was a regular winner, and triumphed in the Indianapolis 500 in 2018. Power’s failure to capture more championships in this period was a result more of misfortune and/or the team letting him down than of driving slip-ups. For example, it took forever for Penske to assemble a pitcrew for the No. 12 that could consistently match the best of Ganassi, and as the IndyCar field tightened up, the least time spent on pitlane became almost as crucial as not sending a car out of the pits with only three wheels securely fitted.

Power opened the Penske chapter of his career as a stand-in for Helio Castroneves at St Petersburg in 2009, finishing sixth. He adopted his trademark No.12 at the following race. Darrell Ingham/Getty Images
Also notable is that Power’s competitiveness remained absolute, whatever changes were made to IndyCar’s formula, and that certainly isn’t something that can be said of all drivers. There are at least two title contenders who were blunted when IndyCar abandoned the downforce-laden aerokits at the end of 2017, and two more who were confounded by the new weight distribution of the cars once the aeroscreens were added.
Power’s open-mindedness and adaptability in such circumstances has been revealed in other ways. For instance, he’s always been open to learning from championship-caliber teammates – he never has been a driver who thought he knew it all, nor assumed that his way was always the best way. So to become more formidable, he assimilated what he observed working alongside Helio Castroneves, Ryan Briscoe, Simon Pagenaud, Juan Pablo Montoya, Newgarden and McLaughlin, and applied anything that would make him a better driver. Will would also be the first to admit that he also learned how to approach a championship quest by watching his rivals from other teams, such as Chip Ganassi Racing’s Dario Franchitti, Scott Dixon and most recently, Alex Palou, and he always admired the bravery and speed of peak-form Ryan Hunter-Reay.
Even as late as 2021, Will recognized he would have to change his philosophy in qualifying – not an area he had ever struggled before! – because he tended to abandon hot laps as soon as he made a slight error, in order to save his tires for a second shot. What dawned on him was that all his rivals make errors, too, and his might be less than theirs, so press on through, complete the lap.
Which is why he scored five poles in 2022. Sure, he took only one win but there should have been three or four more, and he was strong on all tracks. That consistency is what produced the second championship. For reasons explained already, 2023 was a disappointment, but as the saying goes, form is temporary while class is permanent. His 2024 season would prove that.
Last year, he not only scored three wins, he was also Alex Palou’s most consistent threat throughout the season. Sure, his spin at Milwaukee and detached seatbelt at Nashville allowed Colton Herta and teammate McLaughlin to bump him down to fourth in the final points standings. But race in, race out, Power was the driver whom Palou and the No. 10 Ganassi team had watched warily. He had also been the only one of the Penske drivers to emerge from the St. Petersburg overboost cheating debacle with his reputation unsullied and without a stain on his conscience, which made him popular even among the anti-Penske fans, a gro up that had noticeably swollen in number.
Meanwhile, Malukas had endured a truly weird 2024. After having an edge over veteran teammate Takuma Sato in his rookie season of ’22, and remaining at Dale Coyne Racing in ’23 to blow away newcomer Sting Ray Robb, he had looked particularly good on short ovals, notching up podiums at WWTR as both a rookie and then a sophomore. He was signed by Arrow McLaren for ’24, to join incumbents Pato O’Ward and Alexander Rossi, and replace Felix Rosenqvist. But a hand injury incurred in the off-season, and the lack of a definite timeline as to when it might recover, prompted McLaren to sever its ties with the young Chicagoan. So Malukas returned to action at Round 9, Laguna Seca, driving for Meyer Shank Racing, replacing part-owner Helio Castroneves who had briefly been pressed into service subbing for the very talented but inexplicably struggling Tom Blomqvist.
Ironically, that meant Malukas found himself partnering the very driver he had been due to replace at McLaren, Rosenqvist. Only Malukas himself knows how much his sore hand affected his performances, but third place on the grid at high-G Mid-Ohio suggested he’d found a way to cope. Yet that would prove to be one of only three occasions in 10 races where he started ahead of Rosenqvist. When all is right, Felix is an extremely fast qualifier, as O’Ward will tell you, but still, these relative performances suggested to some that Malukas wasn’t quite on the level of other Class of ’22 Rookies such as his old Indy Lights rival Kyle Kirkwood or Christian Lundgaard.
Still, Larry and A.J. Foyt thought they saw a spark of promise there, and by mid-August had signed Malukas for 2025. Ever since A.J. Foyt Racing had formed a technical alliance with Penske the previous summer, Penske’s team president Tim Cindric had suggested that the Foyt team could provide a training ground for Indy NXT graduates and other young drivers before being considered for the main team. So from the moment Malukas was announced as a Foyt driver in August ’24, we assumed Penske’s medium-term plan was to graduate him at the expense of ‘old man’ Power. Quite how soon that deal was done is open to debate…
Problem was, with Power back to his best in ’24, Penske had backed itself into a situation where it planned to release a driver who at that point had earned the marque 41 wins and 64 poles, the fastest IndyCar driver of this century, and replace him with a driver who had just two podiums to his name. (Even now, that seems very un-Penske, as if there was another reason for Malukas coming onboard.) Perhaps if the team showed no interest in discussing a new deal with Power, despite long-term contracts for McLaughlin and Newgarden, Will might decide there was no available ride to match a Penske-Chevy, and thus ‘voluntarily’ bring the curtain down on the IndyCar chapter of his career.

In recent years Power has continued to refine his approach to qualifying, and passed Mario Andretti for IndyCar’s all-time pole record at Laguna Seca in 2022. (Then capped the weekend off by winning his second championship). Chris Owens/IMS
Again, despite a decade-and-a-half of working with the man, Penske had failed to anticipate another side of Power’s resilience: try to coerce him at your peril. And I’m with Will on this. To my mind, great drivers earn the right to call time on their spell in the cockpit. Most take the hint when they stop receiving calls from prospective employers, but there are other unlucky souls who are dealt a bad hand by Fate. It saddened me greatly that injury ended Franchitti’s superb IndyCar career one year before he intended to quit, because he’d still got it, whatever anyone says. Heck, he took four poles that year! The loss of a competitive Robert Kubica in Formula 1 possibly changed the course of history in that branch of the sport and, to me, is still heartbreaking. And while this sounds more of a First World problem in comparison, I was extremely annoyed that Penske railroaded Castroneves into his IMSA team when Helio was still a winner in open-wheel… although at least Meyer Shank gave him a glorious chance of retribution.