Introduction
Will Power is an iconic figure in modern motorsport—renowned for his precision, pole position prowess, and relentless pursuit of excellence. Over nearly two decades, the Australian ace has become synonymous with speed, skill, and strategic brilliance—particularly during his tenure with Team Penske. This article delves into his career highlights, personal life, net worth, recent news, and his deep ties to Penske’s successful racing empire.
1. Biography & Wiki Snapshot
Full Name: William Steven Power
Date of Birth: 1 March 1981
Place of Birth: Toowoomba, Queensland, Australia
Will began racing in Australia’s Formula Ford and Formula 3 before progressing through British Formula 3, World Series by Renault, and Champ Car—where he claimed Rookie of the Year in 2006. He transitioned to IndyCar in 2008 and quickly rose to prominence.
Career Highlights:
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IndyCar Series Titles: 2014, 2022
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Indianapolis 500 Win: 2018
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All-Time Records: 45 wins (4th), 71 poles (1st), and over 100 podiums WikipediaSportskeeda
2. Team Penske & IndyCar Legacy
One of the pillars of Team Penske, Will Power has been a driving force behind the team’s success. Known for his dominance in qualifying, he etched his name as IndyCar’s top qualifier. He’s also delivered key victories and championships to the storied Penske outfit.
Recently, IndyCar and the Indianapolis Motor Speedway underwent a significant ownership shift. Roger Penske’s Penske Entertainment sold a one-third stake to Fox, strengthening IndyCar’s media presence, boosting viewership, and enhancing promotional opportunities.
3. Personal Life — Wife & Family
Will Power is married to Liz Cannon, whom he wed in 2010. They welcomed a son, Beau, in December 2016. Will’s brother, Damien Power, is a stand-up comedian, and Will himself plays the drums—frequently on display during charity events.
Liz has faced serious health challenges—most notably a life-threatening spinal infection in mid-2023 that derailed Will’s plans to debut at the 24 Hours of Daytona, as he chose to prioritize her care. The couple endured an emotionally harrowing period, particularly during Power’s winless 2023 season, raising questions about balancing racing with family priorities.
In recent months, Liz openly expressed disappointment with Team Penske for not providing clarity on Will’s contract renewal for 2026, highlighting uncertainty and frustration despite his strong performance this season.
4. Net Worth & Financial Overview
As of late 2024, Will Power’s net worth is estimated at approximately US $10 million (around £7.7 million).
This figure reflects his long-standing success in IndyCar, including race purses, sponsorships, endorsements, and earnings from Team Penske. His wealth underscores both his racing achievements and commercial appeal.
5. Latest News & 2025 Updates
a. Departing Team Penske
In a headline-making announcement dated 2 September 2025, Team Penske confirmed that Will Power will not return for an 18th season in 2026. At age 44 (turning 45 in March 2026), he felt it was the right time for a change. With 45 career wins and 71 poles under his belt, he expressed deep gratitude for his time with Penske.
b. Emotional Farewell Reflections
In the aftermath of the 2025 season finale, Power lingered in the paddock alongside his emotional wife Liz, who was moved to tears in a pit-lane moment that symbolized the end of an era with Penske. He reflected on his legacy—championships, the Indy 500 win, and countless victories—with both pride and nostalgia.
c. Win at Portland, Title Claimed Elsewhere
At the Portland International Raceway, Power secured Penske’s first win of the season. However, Alex Palou of Chip Ganassi Racing clinched the 2025 IndyCar championship with a third-place finish—his fourth title in five years—while pushing his team to tie Penske for most championships in series history.
6. What’s Next for Will Power?
With his long-term stint at Penske concluding, Will Power stands at a career crossroads. Potential paths include joining Andretti Global if Colton Herta moves to Formula 2, leaving a seat open—though nothing is confirmed. His competitive drive and proven talent could attract several teams.
Moreover, with Fox now holding a major stake in IndyCar’s future, shifting media dynamics may open new team opportunities that leverage his brand and experience.
Conclusion
Will Power stands as one of IndyCar’s most remarkable talents—two-time champion, Indy 500 winner, all-time pole record-holder, and a loyal Team Penske stalwart. Amid personal trials and shifting contractual uncertainties, his journey remains both inspiring and unresolved.
From his roots in Queensland to the pinnacle of motorsport, his story is defined not just by victories but by resilience, loyalty, and unwavering passion. With a contract ending, questions loom—but one certainty remains: Will Power isn’t done making headlines.
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