American racing team, AJ Foyt Racing has selected IFS as its strategic technology partner for the 2023, 2024 and 2025 IndyCar Racing seasons with options for extension.
The multi-year partnership will see AJ Foyt Racing leverage IFS Ultimo for parts management, parts lifing and maintenance. The solution also provides capabilities for work order management, multi-location inventory management and purchase control and management.
The partnership will see the IFS logo featured on the team’s No. 14 and No. 55 Indy cars in all races, testing and showcasing during the 2023, 2024 and 2025 NTT INDYCAR Series racing seasons.
Since the acquisition of the solution in 2022, IFS Ultimo has continued to invest and expand in all its markets including North America as well as the new ones. The decision to implement IFS Ultimo’s Enterprise Asset Management (EAM) software came at a time when Foyt Racing was looking to digitalize their workshop with a solution for vital monitoring and management for asset efficiency, reliability and minimizing of risk.
Leveraging IFS Ultimo EAM, the race team will have an automated central input source, enabling real-time updates that monitor the chassis mileage and all the individual parts on the car at any given point in time. Additionally, to optimize asset performance, the EAM solution will enhance component-specific triggers for Foyt Racing’s lifing system, enabling preventive maintenance task management, generating work orders and providing active push notifications for required maintenance to drive optimal racing performance.
Oliver Pilgerstorfer, chief marketing officer, IFS, said: “With such a pedigree and history of talent in the American racing circuit, we are thrilled to be a strategic technology partner of AJ Foyt Racing.
“A core value for IFS is delivering fast time to value. By increasing asset reliability and the efficiency of Foyt Racing’s fleet, we are helping the team deliver at their moment of service on race day.”
Larry Foyt, president of A.J. Foyt Enterprises, said: “When evaluating our options, IFS Ultimo’s EAM solution stood out for its flexibility and out-of-the-box functionality.
“The racing business is highly competitive. And while there are many moving parts to every business, in the world of motorsport – it is imperative that we have the right technology to support performance and reliability. We are confident in the success of this partnership and are already discussing future opportunities with AI with IFS and anticipate a new and efficient energy to take us to the victory lane.”
