A new partner joins Bobby Rahal and David Letterman
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A new partner joins Bobby Rahal and David Letterman

On the heels of clinching its first American Le Mans Series team championship with BMW, Rahal Letterman Racing announces that successful entrepreneur

On the heels of clinching its first American Le Mans Series team championship with BMW, Rahal Letterman Racing announces that successful entrepreneur and former Indy Car team owner Mike Lanigan has joined the team as a co-owner of what will now be known as Rahal Letterman Lanigan Racing.

Lanigan first delved into open-wheel racing in 1992 as a sponsor of Belgian driver Eric Bachelart in the CART series, eventually becoming a co-owner with Bachelart of Conquest Racing in 2001. In 2007 he joined Paul Newman and Carl Haas as a co-owner at Newman-Haas-Lanigan Racing, which campaigned Sébastien Bourdais and also Graham Rahal, Bobby’s son, in Champ Car and Indy Car.

Lanigan and his three brothers, Jack, Bill and Dan, have taken the Mi-Jack company that their father founded in 1967 and expanded it into the leading manufacturer and supplier of mobile gantry cranes in North America. Along with his team ownership, Lanigan was instrumental in the formation of Mi-Jack Promotions, which served as the promoter for successful Champ Car World Series events in Houston and Cleveland.

"I have known Mike for a number of years and have always found him to be a gentleman, a fan of racing and an excellent businessman," Rahal says. "Both David and I were very pleased when Mike expressed an interest in joining the team. I feel fortunate to call Mike a partner and a friend and I look forward to a long and productive relationship with him."