IndyCar Series officials are hoping to announce a new title sponsor before a February test in Austin, Texas.
Officials have been seeking a replacement for Verizon, which left the series following the 2018 season.
It has been reported that IndyCar has been in advanced talks with NTT Corp, the Japan-based parent company of NTT Data, the IT services and consulting provider which sponsors Chip Ganassi Racing.
Mark Miles, president and chief executive of IndyCar parent Hulman & Company, said he would like to see the new sponsor’s name on the cars and fire suits for the February test.
Meanwhile, NBC announced on Wednesday that it will carry eight races on network television this season, which represents a 60-per-cent increase in linear TV exposure.
The Indianapolis 500 will air on NBC for the first time this year, having been on ABC for 54 years.
The other nine IndyCar races will air on NBCSN with all track activity and additional exclusive content available on NBC Sports Gold.