The oil and lubricant brands will become the official fuel and lubricant supplier for the series from 2023.
Shell and Pennzoil have announced a multi-year extension and expansion of their sponsorship deal with the NTT IndyCar Series, Indianapolis Motor Speedway (IMS) and Team Penske.
Building on a long-standing business relationship and technical alliance that began in motorsport and has extended far beyond the track, the agreement will provide exciting new opportunities between industry-leading organizations. , starting in 2023. The deal includes a commitment across all Penske Entertainment and Team Penske platforms. .
From 2023, Shell will become the official fuel of the NTT IndyCar Series and IMS. Additional details regarding the official fuel designation for the series will be announced shortly.
Shell-Pennzoil will continue its sponsorship of Team Penske’s winning IndyCar and Nascar programs.
Shell and Pennzoil will also be major sponsors for two of Team Penske’s Indy 500 entries.
Pennzoil will extend its sponsorship as the official engine oil and lubricant supplier for the IMS, IndyCar and NTT IndyCar series. Pennzoil will continue to sponsor the Pennzoil 150 at the Brickyard Nascar Xfinity Series race in July at IMS.
Shell and Pennzoil will continue to be the preferred fuel and lubricant supplier for Penske Transportation Solutions and Penske Automotive Group.
“We are proud of the global business relationship with Shell and Pennzoil that extends to all of our Penske companies,” said Roger Penske, Founder and Chairman of Penske Corporation.
“Over the years, we have enjoyed great success together on the track, and the relationship has evolved to include our business transportation operations around the world. Our teams also work with Shell and Pennzoil on product development and multiple sustainability initiatives to help us stay focused on the future.
“For more than 100 years, Shell has forged lasting relationships that go beyond the brand and the products the company manufactures,” said Steve Reindl, president of Shell Lubricants Americas. “Our relationship with Penske continues to evolve, both commercially and in motorsport, providing Shell and Penske with a broad platform to pursue our respective sustainability and decarbonization goals.”
#IndyCar #Shell #Pennzoil #expand #partnership