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8h ago

Team Penske Signs David Malukas to Replace Will Power in 2026

The 23-year-old Indy 500 runner-up arrives on a multiyear deal following evaluation through Penske’s technical tie-up with A.J. Foyt Racing.

Jul 20, 2024; Toronto, Ontario, CAN; Meyer Shank Racing driver David Malukas (66) during qualifying for the Honda Dealers Indy at Streets of Toronto. Mandatory Credit: Dan Hamilton-USA TODAY Sports/ File Photo
Will Power at Nashville Superspeedway. Image: Joe Skibinski
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Overview

  • Malukas will debut for Team Penske at the 2026 Firestone Grand Prix of St. Petersburg on March 1.
  • He takes over the No. 12 Verizon Chevrolet vacated by Will Power, who joins Andretti Global after 17 seasons at Penske.
  • The Chicago native finished second in the 2025 Indianapolis 500 with A.J. Foyt Racing and ranked 11th in the season standings, and he has three career podiums.
  • Penske confirmed a multiyear contract that places Malukas alongside Josef Newgarden and Scott McLaughlin as the lineup’s youngest driver.
  • The move opens a seat at A.J. Foyt Racing and further unsettles the 2026 driver market, with multiple full-time seats still unfilled.