Ed Carpenter will retake sole ownership of his IndyCar team this season.

He announced Thursday that the team he co-owned with Sarah Fisher and Wink Hartman will be renamed Ed Carpenter Racing. Last season, the team was known as CFH Racing.

Fisher will focus on running her new business, Speedway Indoor Karting, which is expected to open this spring near Indianapolis Motor Speedway. The longtime fixture at IndyCar races will continue to help Carpenter's team work with current sponsors and find new ones.

Hartman will continue running Hartman Oil, which is based in Wichita, Kansas.

Josef Newgarden, an emerging American star, will drive full-time for the team.

Carpenter will drive the team's second car on ovals. He's searching for another driver to compete on street and road courses.