IndyCar teams come to terms on the series' first-ever charter sale, which shakes up the grid for 2027

The NTT IndyCar grid is going to look a little different in 2027 with news that the first sale of an IndyCar charter has been completed, and it will bring a new team to the grid.

Albeit one that fans are very familiar with.

On Wednesday, it was announced that Rahal Letterman Lanigan Racing had agreed to sell one of its three charters to Drewy & Reinbold Racing, with the transaction subject to IndyCar approval.

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It's the first sale since the charter system was introduced in 2024, and it will see RLL dropping from a three-car operation down to a two-car operation, and DRR rejoining the egrid full-time with a single car.

Dreyer & Reinbold last competed in IndyCar full-time back in 2012 and has become a regular fixture in the Indianapolis 500. They had two cars in this year's field, which were driven by Conor Daly and Jack Harvey.

This news comes just weeks after the death of DRR founder and owner Dennis Reinbold on June 13.

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"I want to thank Bobby Rahal, Mike Lanigan, David Letterman and Jay Frye for the way they approached this from our very first conversation," DRR CEO Derek Reinbold said in a statement. "They treated this as a partnership between two organizations that want to see each other succeed, and this announcement today reflects that.

The teams did not name any drivers or which of RLL's three cars' charters will head to DRR.

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RLL currently fields the No. 15 Honda driven by Graham Rahal, the No. 35 Honda driven by Louis Foster, and the No. 47 driven by rookie Mick Schumacher.

According to FOX Sports' Bob Pockrass, both Rahal and Foster are under contract for next season, while Schumacher is not.

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That has led to speculation that Schumacher is the odd man out. He is, however, coming off a season-best finish at Nashville.

After the race, he told Pockrass that he feels there's a high chance he will be on the grid in 2027.

We'll see how it shakes out, because this has already been one of the crazier IndyCar silly seasons in recent memory, with even the likes of Christian Lundgaard — who has two wins on the year and his fifth in the standings — hunting for a new ride for 2027.