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Penske keeps Rowe on USF2000 grid by funding rest of season

by Ida Wood

Photo: Gavin Baker Photography

USF2000 title contender Myles Rowe has secured the budget he needed to complete the season thanks to IndyCar series owner Penske Entertainment.

The company, which also promotes Indy Lights and is owned by Team Penske founder Roger Penske, funded Rowe’s rookie season in USF2000 last year with the Force Indy team it supported and was already a major backer of his 2022 campaign.

Rowe was originally left without a drive for this season when Force Indy switched its programme to Indy Lights, but he found a seat at Pabst Racing for at least the first two rounds when Penske put in $200,000 on the eve of the opening round.

However a major crash while fighting for the win in the first race in St. Petersburg racked up a hefty repair bill that left Rowe seeking finances just to reach round two, even after he won the second race of the weekend.

Money was found for round two, where he claimed another win and a pole to take the points lead, and that helped his financial search further to get the sponsorship needed to compete in last weekend’s Indianapolis Motor Speedway triple-header.

One podium from the three races there meant Rowe dropped to fourth in the standings, but is only five points off the top of the table, and once again facing the prospect his season was already over.

Penske Entertainment has now stepped in for a second time in 2022 to finance the remaining five rounds, Rowe told Formula Scout, starting with the season’s sole oval race at Indianapolis Raceway Park next weekend.