How much does it cost to run an Indy Lights team?

Running an Indy Lights team can cost between $1.5 million to $3 million per season. Expenses include car development, engineering, personnel salaries, transportation, and race fees. Costs can fluctuate based on factors such as team size, sponsorship deals, and the number of races entered. Effective budgeting and securing sponsorships are crucial for managing these expenses.