Daytona Beach, Fla – On Friday morning from the Daytona International Speedway, Shell and the Penske Corporation announced a multi-year extension of their ongoing business, technical and motorsport alliance that includes continued sponsorship of Team Penske’s cars in the Verizon IndyCar Series.
Joey Logano, Shell/Pennzoil and Todd Gordon all reached deals through the 2022 season on the NASCAR side. But, there was a big IndyCar nugget unveiled too.
Three-time Indianapolis 500 winner Helio Castroneves will continue to represent the Shell and Pennzoil brands on the IndyCar side, for the sixth consecutive season. Castroneves, will drive the No. 3 Shell V-Power NiTRO+ Chevrolet at the 101st Running of the Indianapolis 500 presented by PennGrade Motor Oil on May 28. Shell and Pennzoil will also be associate sponsors on all Team Penske cars competing in the Verizon IndyCar Series.
Shell and Pennzoil will continue sponsoring Team Penske entries in the Verizon IndyCar Series and Monster Energy NASCAR Cup Series through the 2022 season and beyond. Shell and Pennzoil will also continue to be the preferred supplier of fuels, lubricants and related products to the Penske organization.
“Penske Corporation is proud to continue its partnership with Shell,” said Roger Penske, founder and chairman, Penske Corporation. “Team Penske has enjoyed great success with Shell, both on and off the racetrack, and we are excited to build on our relationship well into the next decade with our teams, both in the Monster Energy NASCAR Cup Series and the Verizon IndyCar Series.”
Shell and Pennzoil began the current relationship with Team Penske in 2011, an extension of the Shell and Pennzoil racing legacy with the legendary motorsports team. Pennzoil first aligned with Team Penske as part of its Indy car program in 1983 and won two Indianapolis 500s with driver Rick Mears in 1984 and ‘88.