The post IndyCar’s AJ Foyt Racing Brings INDY NXT Star Caio Collet To IndyCar appeared on BitcoinEthereumNews.com. Caio Collet Is coming to IndyCar. AJ Foyt Racing Photo Caio Collet had a fantastic season in the INDY NXT By Firestone Series, but it was overshadowed by the domination of series champion Dennis Hauger. AJ Foyt Racing President Larry Foyt noticed Collet’s promise in IndyCar’s developmental series and began talking to the young driver from Brazil. On Thursday, November 6, Collet signed to drive for AJ Foyt Racing in the 2026 NTT IndyCar Series. “Caio is a welcome addition to AJ Foyt Racing. He has shown great potential in INDY NXT by Firestone and in the junior formulas in Europe,” Foyt said. “I was impressed with how he adapted to our car at the recent Mid-Ohio test and I’m very excited to see what he can do in IndyCar. There’s no doubt that he will be a strong contender in the battle for Rookie of the Year.” Caio Collet’s AJ Foyt Racing Indy Car. AJ Foyt Racing Photo Caio Collet’s Impressive Stats In INDY NXT Collet is entering IndyCar after stellar showings driving for HMD Motorsports in the INDY NXT by Firestone division. This past season, he scored three victories, three pole positions, 12 top five finishes (including 10 podiums) and 13 top 10 finishes in 14 starts. In his rookie year in the series, he finished third in the standings and earned the Rookie of the Year award. He triumphed at Mid-Ohio after winning the pole position, claimed 11 top 10 finishes, nine top five and six podiums. “I’m very happy to join AJ Foyt Racing in the NTT IndyCar Series and thankful to Larry for trusting my skills and giving me this fantastic opportunity,” said the 23-year-old Brazilian. “It is a dream come true after years of hard work in developing series since my early go-karting experiences.… The post IndyCar’s AJ Foyt Racing Brings INDY NXT Star Caio Collet To IndyCar appeared on BitcoinEthereumNews.com. Caio Collet Is coming to IndyCar. AJ Foyt Racing Photo Caio Collet had a fantastic season in the INDY NXT By Firestone Series, but it was overshadowed by the domination of series champion Dennis Hauger. AJ Foyt Racing President Larry Foyt noticed Collet’s promise in IndyCar’s developmental series and began talking to the young driver from Brazil. On Thursday, November 6, Collet signed to drive for AJ Foyt Racing in the 2026 NTT IndyCar Series. “Caio is a welcome addition to AJ Foyt Racing. He has shown great potential in INDY NXT by Firestone and in the junior formulas in Europe,” Foyt said. “I was impressed with how he adapted to our car at the recent Mid-Ohio test and I’m very excited to see what he can do in IndyCar. There’s no doubt that he will be a strong contender in the battle for Rookie of the Year.” Caio Collet’s AJ Foyt Racing Indy Car. AJ Foyt Racing Photo Caio Collet’s Impressive Stats In INDY NXT Collet is entering IndyCar after stellar showings driving for HMD Motorsports in the INDY NXT by Firestone division. This past season, he scored three victories, three pole positions, 12 top five finishes (including 10 podiums) and 13 top 10 finishes in 14 starts. In his rookie year in the series, he finished third in the standings and earned the Rookie of the Year award. He triumphed at Mid-Ohio after winning the pole position, claimed 11 top 10 finishes, nine top five and six podiums. “I’m very happy to join AJ Foyt Racing in the NTT IndyCar Series and thankful to Larry for trusting my skills and giving me this fantastic opportunity,” said the 23-year-old Brazilian. “It is a dream come true after years of hard work in developing series since my early go-karting experiences.…

IndyCar’s AJ Foyt Racing Brings INDY NXT Star Caio Collet To IndyCar

2025/11/07 06:44

Caio Collet Is coming to IndyCar.

AJ Foyt Racing Photo

Caio Collet had a fantastic season in the INDY NXT By Firestone Series, but it was overshadowed by the domination of series champion Dennis Hauger.

AJ Foyt Racing President Larry Foyt noticed Collet’s promise in IndyCar’s developmental series and began talking to the young driver from Brazil. On Thursday, November 6, Collet signed to drive for AJ Foyt Racing in the 2026 NTT IndyCar Series.

“Caio is a welcome addition to AJ Foyt Racing. He has shown great potential in INDY NXT by Firestone and in the junior formulas in Europe,” Foyt said. “I was impressed with how he adapted to our car at the recent Mid-Ohio test and I’m very excited to see what he can do in IndyCar. There’s no doubt that he will be a strong contender in the battle for Rookie of the Year.”

Caio Collet’s AJ Foyt Racing Indy Car.

AJ Foyt Racing Photo

Caio Collet’s Impressive Stats In INDY NXT

Collet is entering IndyCar after stellar showings driving for HMD Motorsports in the INDY NXT by Firestone division. This past season, he scored three victories, three pole positions, 12 top five finishes (including 10 podiums) and 13 top 10 finishes in 14 starts.

In his rookie year in the series, he finished third in the standings and earned the Rookie of the Year award. He triumphed at Mid-Ohio after winning the pole position, claimed 11 top 10 finishes, nine top five and six podiums.

“I’m very happy to join AJ Foyt Racing in the NTT IndyCar Series and thankful to Larry for trusting my skills and giving me this fantastic opportunity,” said the 23-year-old Brazilian. “It is a dream come true after years of hard work in developing series since my early go-karting experiences. I’m thankful to all teams and sponsors that helped me through my career, especially Marcelo Camargo from Combitrans Amazonia, that joined our INDY NXT campaign this season and will be with us next year.

“IndyCar is huge in Brazil and I’m looking forward to bringing its flag back to a full-time seat in the 2026 season.”

The São Paulo, Brazil native arrived in American motorsports via the European ladder series. He raced in the French F4 Championship where he became the series champion before moving on to Formula Renault Eurocup (2019-2020), Toyota Racing Series (2020) and FIA Formula 3 (2021-2023). These accomplishments helped Collet become the reserve and simulator driver for the Nissan Formula E Team in 2024.

Caio Collet’s Sponsor Is A Brazilian Cargo Company

Combitrans Amazonia will sponsor the No. 4 Chevrolet for the 17-race season. Combitrans Amazonia is a Brazilian logistics corporation that provides road cargo transportation, excluding hazardous materials, and moving services, conducted on an intercity, interstate and international basis.

“Caio Collet’s dream is our dream,” explained Marcelo Camargo, owner and president of Combitrans Amazonia. “Brazil deserves the excitement of a full-time IndyCar driver. We are thrilled to be part of this project with AJ Foyt Racing and carrying the Brazilian flag among so many global brands in the NTT IndyCar Series.”

Combitrans Amazonia offers a highly competitive and viable alternative to the great difficulties faced by the companies of the Manaus Free Trade Zone in the distribution of their products. Its intermodal model, which involves land and river transportation, optimizes complex processes and takes operational intelligence to the entire logistics chain.

The company was a pioneer in the development of a new concept of river transport. The SW (Swimming Warehouse) rafts have established Combitrans Amazonia as a vanguard owing to its great capacity for investment in innovation. It enables sustainable, efficient delivery with low logistics costs, and uses its capacity to integrate and map all of Brazil.

Currently, Combitrans Amazonia operates ports in Manaus/AM and Belém/PA, with support points in the main states of Brazil, which allows for nationwide service. Its administrative headquarters is located in Orlândia/SP, with a commercial office in São Paulo/SP.

With Caio Collet moving up to IndyCar, the company is confident more businesses in North America and South America will gain awareness about its brand.

A floating cargo container.

Combitrans Photo From AJ Foyt Racing

Source: https://www.forbes.com/sites/brucemartin/2025/11/06/indycars-aj-foyt-racing-brings-indy-nxt-star-caio-collet-to-indycar/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
CME Group to launch Solana and XRP futures options in October

CME Group to launch Solana and XRP futures options in October

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets.  The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures
Share
BitcoinEthereumNews2025/09/17 23:55