Australian Will Power, the first winner of the “São Paulo Indy-300”, did not take the checkered flag. Instead, officials waved green ethanol flags to signal the end of the race, in an allusion to the use of sugarcane ethanol as the official fuel for the IZOD IndyCar Series race cars. The Brazilian Sugarcane Industry Association (UNICA) renewed their fuel supply agreement with the Indy Racing League for the 2010 season, kicked off last Sunday (March 14) in São Paulo.

“The flag represents all we have been doing: carbon compensation, the use of a clean fuel, in short, preserving the environment,” said Carlo Bancia, Formula Indy representative in Brazil.

“We’re pleased to continue our partnership with Indy, a global showcase for clean, renewable biofuels since 2007. With sugarcane ethanol, the series is guaranteed the additional plus of reducing greenhouse gas emissions by 61% compared to gasoline, as recently recognized by the U.S. Environmental Protection Agency. In addition to being green, ethanol’s higher octane rating also enhances racing performance,” said Marcos Jank, UNICA’s President & CEO.

Under the agreement, UNICA will provide 53,000 gallons of the 100 percent fuel-grade ethanol to be used by in 2010 by the IZOD IndyCar Series, and their Sugarcane Ethanol brand will be featured at all Indy events

The fuel will be used in almost all of the IZOD IndyCar Series races in the 2010 season, including the Indianapolis 500. The only race to not use the fuel will be the Iowa Corn Indy 250, which as the name suggests, will use corn ethanol from local producers under a separate sponsorship agreement.

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