Dragon Racing

Dragon Racing is an Indycar Series team owned by Jay Penske. It debuted in 2007 with Ryan Briscoe at Indy.

History
The team debuted in 2007 they fielded a car for Ryan Briscoe for the Indy 500. In 2008 the team ran 6 races including the Indy 500 with Thomas Scheckter. The team experienced multiple mechanicle issues. In 2009 the team went full time with Raphael Matos who was the reigning Indy Lights Champ. Matos had 8 top 10's with a best finish of 6th at Milwaukee. In 2010 the team merged with de Ferran and they were renamed de Ferran Dragon Racing. Raphael Matos continued to run full time and Davey Hamilton part time. After both drivers wrecked at Indy the team could not afford to run Hamilton again. After the season was over Matos who finished 14th in points was fired and Kanaan was announced as the driver for 2011. However, after the team was unable to find sponsorship, de Ferran released Kanaan and the team shut down.

Dragon Returns
Jay Penske revived the team as Dragon Racing. The team agreed to field Paul Tracy for five races and drivers Scott Speed and Ho-Pin Tung for the Indy 500. The team suffered a disaster at Indy, Tung suffered a concusion after a hard crash trying to get the car qualified. Scott Speed was having trouble getting the 2nd car up to speed when Patrick Carpentier came in to see if he could get the car up to speed and he crashed it ending in both cars failing to make the 500. Tung raced for Dragon Racing at Sonoma later in the season.

In January 2012 Dragon Racing forged an alliance with new series engine manufacturer Lotus to become a Lotus factory team and now has operations in Indianapolis and Los Angeles. It will enter two cars in the Indycar Series for 2012. 4 time CART champ Sebastien Bourdais will drive one car and Katherine Legge will drive the second car.