Rahal Letterman Lanigan Racing (RLL) has agreed to sell one of its three IndyCar charters to Dreyer & Reinbold Racing (DRR), a transaction that will reshape the series grid for the 2027 season. This agreement represents the first-ever sale of an IndyCar charter since the system was implemented in 2024.
With this sale, RLL will transition from a three-car operation to a two-car team. Dreyer & Reinbold Racing, a familiar name in IndyCar, will return to full-time competition with a single car. DRR last competed full-time in the series in 2012 and has since been a consistent participant in the Indianapolis 500, fielding two cars in this year's race driven by Conor Daly and Jack Harvey.
This development follows the recent death of DRR founder and owner Dennis Reinbold on June 13. Derek Reinbold, CEO of DRR, expressed gratitude towards RLL, stating in a release, "They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that."
The teams have not disclosed which of RLL's three charters will be transferred or named drivers for DRR. Currently, RLL fields the No. 15 Honda for Graham Rahal, the No. 35 Honda for Louis Foster, and the No. 47 for rookie Mick Schumacher.
Reports indicate that Rahal and Foster are under contract for the upcoming season, while Schumacher's status remains uncertain. Schumacher recently achieved a season-best finish at Nashville and told FOX Sports' Bob Pockrass that he believes there is a strong possibility he will be on the grid in 2027. The IndyCar "silly season" has been active, with several drivers, including Christian Lundgaard, reportedly seeking new rides for 2027.