The projected entry list for the 103rd running of the Indianapolis 500 has been trimmed by one after Juncos Racing owner Ricardo Juncos confirmed his team will field one car in May.

“We’re going to be announcing this pretty soon, maybe in the next few weeks, but it’s going to be only one car,” the Argentinian said. Kyle Kaiser, who won the 2017 Indy Lights championship with Juncos, and contested four IndyCar races with the team last year — including Indianapolis (pictured) — is said to be a leading candidate for the No. 32 Chevy.

According to Juncos, his expansion into IMSA’s WeatherTech SportsCar Championship with a Cadillac DPi-V.R has consumed the time required to develop leads to field its second chassis at the 500.

“Unfortunately, we [are] little bit late to put all of it together,” he continued. “The reason why was the late [creation of the] IMSA program put us in a situation where we really challenged the whole team to get ready for Daytona.

“As you could also see at Long Beach, the [IMSA] team was much better now [that we’ve] settled down and now we are back to more of [a] normal path in the team, so because of that as well, we were not able to put the two cars in there [for Indy].”

At present, the Indy 500 entry list looks almost certain to have 36 drivers attempting to qualify for 33 positions.