Michael Levitt/Motorsport Images Team Penske is working on a contract extension that would keep Josef Newgarden in the No. 2 Chevy after his current contract expires at the end of this year. “I think we are making good progress,” Team Penske president Tim Cindric told RACER. Having joined Penske in 2017, Newgarden has reached the highest level of success in IndyCar after winning championships in 2017 and ’19, and the Indianapolis 500 in 2023. With a desire to receive a greater level of compensation, Newgarden is known to have explored free agency, and as RACER learned last weekend from one...