Tony Kanaan will close his wildly popular IndyCar career this season on a farewell tour of oval tracks and the Indianapolis 500.
The "TK Farewell Tour" was announced Thursday at Indianapolis Motor Speedway, where Kanaan is one of the most revered drivers in speedway history.
Fans adore the wide-smiled Brazilian, who led laps many times in May but came up empty 11 consecutive times -- finishing in the top five in five of those defeats. His breakthrough came in 2013 with what is now Vasser Sullivan Racing, when Kanaan finally won the Indianapolis 500.
His career since has been a roller coaster, as he parlayed that Indy 500 win into four seasons with Chip Ganassi Racing, and finally the last two at A.J. Foyt Racing.
Foyt has funding issues and longtime partner ABC Supply Co. said it was scaling back to sponsor just one race, the Indy 500. Kanaan gets that event in the No. 14, and personal sponsors 7-Eleven, Big Machine Vodka, NTT Data and Bryant stepped in to fund the remaining four ovals on the IndyCar schedule.
"I have mixed emotions," Kanaan told The Associated Press. "It wasn't my decision to race only five races."
The 45-year-old is a fitness enthusiast and prepared for this upcoming season as if he might pull in some magical funding that could earn him a proper 23rd farewell season. Instead, he is another casualty of a poor driver market in which veterans are being squeezed out of their seats by drivers with little to no IndyCar experience.
A.J. Foyt Racing already this month announced Charlie Kimball would do a full season in the No. 4 Chevrolet. Kimball, who is diabetic, is bringing sponsorship from longtime partner and healthcare company Novo Nordisk.
The financial backing needed to keep the No. 14 on the track for a full season may require a handful of drivers. Sebastien Bourdais, fired abruptly from Dale Coyne Racing last month, could end up driving four of the road and street course races. Bourdais said at the Rolex 24 of Daytona that he'd have IndyCar races on his schedule this year.
Another driver in the mix for a large portion of the schedule is Dalton Kellett, a Canadian with six career podiums in 70 Indy Lights races who has been full-time since 2016. Kellett was seventh in the standings driving a full Lights season last year for Juncos Racing.
Kanaan laughed at the idea that this is truly a "farewell tour," since he will likely chase a seat in the Indianapolis 500 the next several years. Kanaan is eyeing the Ironman World Championships in October and other forms of racing, possibly sports cars, for his future. He will have the freedom to pick and choose, like his friend Jimmie Johnson, who is calling this upcoming NASCAR season his last and will then pursue bucket list events.
"This is my 23rd year in IndyCar, it's tough that it will be my last," Kanaan told AP. "Hopefully the announcement opens some other doors for me."
Kanaan is scheduled to debut this season at the Indianapolis 500, followed by races at Texas, Richmond, Iowa and Gateway near St. Louis on Aug. 22.
Kanaan has 17 career victories dating to his entry in CART in 1998. He was caught in the split between North America's successful open-wheel series and the upstart Indy Racing League, the series long re-branded IndyCar and recently purchased by Roger Penske.
When Kanaan finally arrived at Indianapolis in 2002 with Mo Nunn, he was an instant favorite. Fans draped themselves in Brazilian flags to honor the driver with the supersized personality and speedway skills.
He returned the next year in a dazzling 7-Eleven car with Andretti Green Racing and finished third to a pair of Roger Penske's cars.
The next year's Andretti lineup was fierce with Kanaan, Dan Wheldon, Bryan Herta and Dario Franchitti. Kanaan led the organization as it finished second, third and fourth. He earned respect in the grandstands and was part of an Andretti team notorious for its pranks and wild adventures during the closing years of IndyCar's heyday.