The 1994 Indy 500 would prove to be the final victory for a Penske-manufactured chassis at the Speedway. The following year, the 1995-spec Penske chassis, the PC-24, proved to be noncompetitive in time trials (despite a promising test in mid-April 1995). The team failed to qualify with it or the Lola and Reynard chassis that were borrowed from other teams as alternates. By the time the team returned to the race in 2001, in-house chassis manufacturing had ended in favor of using customer chassis.