INDIANAPOLIS — Haupert Autosport, formed by So-Cal property developer Rexco Development has entered into a strategic partnership to purchase an interest in Bryan Herta Autosport’s NTT IndyCar Series program.

The Haupert family joins Herta as co-owners of the company. The investment will not affect the team’s partnership with Andretti Autosport in fielding the No. 98 U.S. Concrete Honda w/Curb Agajanian Indy car driven by Marco Andretti.

“IndyCar is on such an upward trajectory and I feel very strongly there is great growth opportunity for the series. The Hauperts’ strategic investment in our IndyCar program is another positive indication of the current state of our sport, and further positions us for the future as a longtime partner to Andretti Autosport and the NTT IndyCar Series,” said BHA President Bryan Herta.

Larry and Mark Haupert have been supporters of IndyCar teams and drivers in the past and this investment represents the next step in their involvement in the sport.

“We are beyond excited to partner with Bryan Herta Autosport. It has been a lifelong dream of our family to participate in this capacity,” Larry Haupert said. “The opportunity to join forces with Bryan Herta was a no-brainer. The team’s past successes speak volumes and we look forward to working with the BHA team to contribute to the future.”