National Guard had been closely associated with the Panther Racing squad since 2008 and its sponsorship has reportedly been anywhere from $10-13 million per year.
National Guard bids its contract annually and it is believed several teams, including Sam Schmidt, Andretti Autosport, Rahal/Letterman/Lanigan and Panther all submitted proposals for 2014.
Rahal/Letterman/Lanigan Racing is currently a two-car team with James Jakes and Graham Rahal but this new deal figures could allow Bobby Rahal to look for a top driver Justin Wilson, James Hinchcliffe, Ryan Briscoe or, even Oriol Servia to join his son.
|National Guard on Ryan Briscoe's Panther Racing car. (Photo: IndyCar)|