According to IndyCar, the hybrid technology includes "a multi-phase motor, inverter and electric storage device that will create energy recovery from the car's braking system." It also plans to debut a new internal combustion engine, formula 2022. Not only will the cars burn less fuel, the hybrid system will allow drivers to restart their vehicle from inside the cockpit -- all previous IndyCars have used manual hand-held electric starters. That could reduce the time drivers spent stalled on the track and improve the overall pace and time of races.

"As we move toward the future, we will remain true to our racing roots of being fast, loud and authentic, and simultaneously have the ability to add hybrid technology that is an important element for the series and our engine manufacturers," said IndyCar President Jay Frye. This isn't the first time IndyCar has embraced the latest technology. It has used LEDs to show drivers' positions in real-time, streamed racer telemetry straight to fans and put HD cameras in select cars. As The Verge points out, a number of motorsports already use hybrid powertrains. These plans ensure IndyCar won't be left behind.