IN-IAC
2.5.2024 20:01:27 CEST | Business Wire | Press release
The Indy Autonomous Challenge (IAC) will make a grand return to the Indianapolis Motor Speedway (IMS) “The Racing Capital of the World” on September 6th, 2024. The competition is set to be a landmark event, featuring a head-to-head race of the world’s fastest autonomous racecars piloted by AI driver software developed by 10 teams representing 18 top universities from North America, Europe, and Asia.
History was made at IMS in October 2021 when IAC organized the world’s first head-to-head high-speed autonomous racing competition. Since then, IAC has organized five races at iconic tracks, including Las Vegas Motor Speedway during CES and the Monza F1 Circuit in Italy. IAC and its university teams have achieved a long list of world records for high-speed ground-based autonomy. World records include the autonomous land speed record (192.2 mph), the top speed on-track (180 mph), the fastest on-track head-to-head overtake (177 mph), and most miles of autonomous racing (7,500 miles).
“Three years ago, we gathered the best and brightest minds from universities around the world to make history at Indianapolis Motor Speedway, proving that autonomous racing is possible and launching a global effort to accelerate the pursuit of high-speed autonomous mobility,” said Paul Mitchell, President of the Indy Autonomous Challenge. “After setting many records and proving that autonomous vehicles can race at extreme speeds, we are returning home to the Racing Capital of the World to attempt an even more ambitious head-to-head race.”
The upcoming race at IMS, which is being held in partnership with the Indiana Economic Development Corporation (IEDC), will be a high-adrenaline head-to-head race of multiple IAC AV-24 autonomous racecars. Teams from leading research universities worldwide will push the limits of autonomous technology, competing at breathtaking speeds on the iconic oval track. This race promises not just to entertain but to offer a glimpse into the future of mobility, where AI drivers can operate autonomous vehicles safely on highways at high speeds, reducing the risk of accidents and speeding up supply chain logistics.
“Indiana is a leader in the future of mobility, attracting new business investment, fostering R&D and inspiring innovation across EV, hydrogen and autonomy,” said Indiana Secretary of Commerce David Rosenberg. “The technologies, companies and talent being assembled by the Indy Autonomous Challenge are making significant strides in developing autonomous capabilities, putting Indiana at the forefront of tomorrow’s global economy while inspiring the next generation of leaders and risktakers.”
With 10 teams representing 18 universities from five countries, the race will be the world’s largest autonomous racing competition.
- AI Racing Tech - University of California, Berkeley (California), with University of Hawai'i (Hawai’i), University of California, San Diego (California), and Carnegie Mellon University
- Autonomous Tiger Racing - Auburn University (Alabama)
- Black & Gold Autonomous Racing - Purdue University (Indiana)
- Cavalier Autonomous Racing - University of Virginia (Virginia)
- KAIST - Korea Advanced Institute of Science and Technology (South Korea)
- Luddy Autonomous Racing – Indiana University (Indiana)
- MIT-PITT-RW - Massachusetts Institute of Technology (Massachusetts), University of Pittsburgh (Pennsylvania), Rochester Institute of Technology (New York), and University of Waterloo (Canada)
- PoliMOVE-MSU - Politecnico di Milano (Italy), Michigan State University (Michigan), University of Alabama (Alabama)
- TUM Autonomous Motorsport - Technische Universität München (Germany)
- UNIMORE Racing - University of Modena and Reggio Emilia (Italy)
“The Indianapolis Motor Speedway was originally built as a test bed for early automobiles,” said J. Douglas Boles, President of IMS. “Having teams from the world’s most elite research universities using the track to prove out the future of autonomous vehicles connects the track’s historic roots to the future of AI and robotics.”
The race will attract thousands of attendees from government, industry, and academia including 2,000 high school students studying Science, Technology, Engineering, and Math (STEM). The race event will be live-streamed worldwide for those who cannot attend in person.
“For many Hoosiers, your first trip to the Indianapolis Motor Speedway is a rite of passage,” said Indiana Secretary of Education Katie Jenner. “The Indy Autonomous Challenge provides a unique opportunity for students to visit the track and experience first-hand the incredible STEM technologies being developed right here in Indiana. We are excited to help recruit high school students to attend the event and partner in the planning of a STEM Zone that will connect them directly to future college and career opportunities.”
In addition to the “main event” head-to-head race, the day will include several interactive events and activations that will offer attendees a chance to learn about and engage with technologies of the future including autonomous vehicles, drones, robots, augmented and virtual reality, generative AI, sensor fusion, internet of things, etc. Activations will include:
- Innovation Paddock: Interactive hard-tech exhibits by industry-leading companies, start-ups, universities, and innovation-based non-profits will be located in the Trackside Garages adjacent to the track. Here, attendees can interact with the latest technology advancements in mobility, AI, automation, robotics, and more.
- Future Mobility Summit: An invitation-only summit centered around breakthrough advancements such as AI-driven autonomy, next-generation drones, smart infrastructure, and sustainable energy solutions, with a special focus on Indiana’s innovative contributions, the summit promises an unparalleled convergence of thought leaders from industry, government, and academia. This curated event, designed to spark meaningful discussions and foster policy development to accelerate the advent of future mobility, will feature dynamic keynotes and panel sessions steered by renowned figures from leading industry circles.
- STEM Zone: Created in partnership with the Indiana Department of Education and dedicated to inspiring the next generation of innovators, the STEM Zone will engage students with interactive exhibits and educational sessions focused on science, technology, engineering, and mathematics underscoring the IAC's commitment to fostering curiosity and passion for STEM among youth, highlighting the critical role of education in the future of technology. Students will also have access to Innovation Paddock exhibitions, sponsored lunch concessions, and seating in the Tower Terrace Grandstands to watch the IAC race.
Companies, governments, universities, and non-profits interested in participating in the Indy Autonomous Challenge at IMS can contact info@indyautonomouschallenge.com. High School administrators or teachers interested in bringing students to the event can contact EEL@doe.in.gov. General attendees who would like to attend the race event can purchase tickets on the Indianapolis Motor Speedway website starting May 2nd, 2024.
About the IAC: The Indy Autonomous Challenge (IAC) is a non-profit corporation based in Indianapolis, Indiana (USA) which organizes racing competitions among university-affiliated teams representing 18 universities from around the world. Teams program AI drivers to pilot fully autonomous IAC racecars and compete in a series of history-making events at iconic tracks. Based in Indiana, the IAC is working to establish a hub for performance automation in the state and is harnessing the power of innovative competitions to attract the best and the brightest minds from around the globe to further state-of-the-art technology in safety and performance of automated vehicles. The IAC started as a $1 million prize competition with 31 university teams signing up to compete more than three years ago, representing top engineering and technology programs from 15 U.S. states and 11 countries. Follow the IAC @IndyAChallenge on LinkedIn, Twitter, Instagram, Facebook, & YouTube.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240502559440/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
FEINDEF 27 Accelerates Commercialisation, Surpassing FEINDEF 25’s Total Exhibition Area by 25% With One Year to Go17.6.2026 13:41:00 CEST | Press release
FEINDEF 27 is expected to exceed 89,000 m² of total exhibition area, representing a 46% increase compared to 2025 and further strengthening its position as one of Europe’s leading international defence and security exhibitions. 37% of the exhibitors already confirmed are new participants. Of these, 26% are international companies, reinforcing FEINDEF’s global dimension and its role as a platform for dialogue, cooperation and business opportunities at an international level. Companies returning from the previous edition have increased their contracted exhibition area for FEINDEF 27 by 30%, consolidating confidence in FEINDEF as a global showcase for the sector. This trend was already reflected in FEINDEF 25, where 86% of exhibitors stated their intention to return. One year ahead of FEINDEF 27, FEINDEF, Spain’s International Defence and Security Exhibition, continues to maintain a strong commercialisation pace, outperforming previous editions at the same stage. The exhibition has alread
GenNx360 Capital Partners Promotes Pratik Rajeevan to Partner17.6.2026 13:00:00 CEST | Press release
GenNx360 Capital Partners (“GenNx360”), a New York City-based private equity firm investing in U.S. lower middle market industrial services and business services companies, is thrilled to announce the promotion of Pratik Rajeevan to Partner. Pratik has significant transaction experience having invested in over ten platform companies and 30 add-on investments during his tenure at GenNx360. His experience includes investments in aerospace and defense, utility and environmental services, and testing and inspection services. Pratik is a key leader in investments in NVI, Shenandoah, and Aeron in the GenNx360 Fund IV portfolio. Pratik led successful investments and exits in Miller Environmental and Aero3 in GenNx360 Fund III. Most recently, Pratik was responsible for the firm’s $2 billion exit from Precision Aviation Group, a global aerospace and defense maintenance and repair business in GenNx360 Fund IV. “Pratik is a disciplined and thoughtful investor with significant execution capabiliti
Vercel Brings New Agent Framework, Full-Stack Capabilities, and Enterprise Controls to Its Agentic Infrastructure Platform17.6.2026 12:13:00 CEST | Press release
As agents become the primary way software is built and deployed, Vercel connects its frontend, backend, and agent tooling into a single platform for shipping and running agents at scale. Today at Ship, its annual conference, Vercel introduced a set of new products that deepen its agentic infrastructure platform trusted by DoorDash, Helly Hansen, OpenAI, Stripe, and The Weather Company. Founder and CEO Guillermo Rauch and other Vercel leaders unveiled the lineup on stage, anchored by three shifts the products address: agents are now the dominant way software gets deployed, every application is becoming agentic, and enterprises need to run agents in production securely and at scale. The transition is well underway. Six months ago, fewer than three percent of deployments to Vercel infrastructure were triggered by coding agents. Agents now account for more than half. Token volume through Vercel's AI Gateway has grown from roughly two trillion to twenty trillion per month over the same peri
NIQ Introduces NIQ Cadence: A Compound AI Operating System for Marketing Effectiveness17.6.2026 12:00:00 CEST | Press release
One system unifies NIQ’s global data, models, and knowledge so marketers move from insight to impact faster, with deeper intelligence, at scale. NIQ (NYSE: NIQ), a global leader in consumer intelligence, today introduced NIQ Cadence, a compound AI operating system built to change how organizations measure marketing performance, optimize budgets, and act on what the data tells them. NIQ Cadence brings data and intelligence into one continuous environment, moving marketers off fragmented reports and onto a single system that empowers decision making. Marketing has never been more complex. Channels keep multiplying, data sits in silos, and the pressure to prove ROI keeps climbing. As a result, most teams still stitch insight and action together by hand, losing time and confidence at every handoff. NIQ Cadence closes that gap with one system where measurement and decision-making finally run together. “Marketing leaders don’t need more reports. They need a better rhythm,” said Jason Tate, G
Winning With AI Requires Organizational Transformation, Not Speed of Adoption, Finds New Arthur D. Little Report17.6.2026 12:00:00 CEST | Press release
To successfully embrace the power of AI, businesses need to remove organizational complexity and eliminate unnecessary work, rather than simply using it for fragmented, incremental improvements. Boards must act now to deliver this. That is the key message from AI-First or Disrupted: Beating the Nightmare Competitor, a new report from Arthur D. Little (ADL) based on concrete examples from leading organizations. Within three to five years, AI-first competitors will make faster decisions, have flatter organizations, and operate at lower costs. They will not just optimize handovers between teams, approvals, and reconciliation work; they will eliminate these complex processes entirely. AI is completely changing the economics of work and value creation, removing the need for coordination across multiple teams, while also enabling adaptive, predictive, and personalized products and services. This delivers both lower operational costs and a fundamentally stronger value proposition. However, mo
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
