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Penske signs deal with Shell to sponsor three Indy Racing League drivers

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Texas-based Shell Oil Co. and Michigan-based Penske Corp. on April 21 announced a multiyear agreement starting in the 2011 racing season.

Financial terms of the deal were not disclosed.

The new deal includes associate sponsorship of Penske’s Indy Racing League drivers Helio Castroneves, Will Power and Ryan Briscoe, and a primary sponsorship for Penske’s NASCAR driver Kurt Busch.
 

Helio Castroneves Shell has agreed to sponsor Helio Castroneves and two other IRL drivers. (AP Photo)

The deal signals an end to Penske’s 19-year relationship with ExxonMobil. Penske Racing teams have used Mobil oils exclusively since 1991.

The deal also extends to Penske’s fleet of moving trucks and auto dealerships. Beginning in 2011, the Shell and Pennzoil brands will be the “Official Fuel and Motor Oil Supplier” to the Penske organization in the United States.

Penske has earned more than 315 major race victories including a record 15 Indianapolis 500 wins and the 2008 Daytona 500, 370 pole positions and 22 national championships.

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  • Pennzoil
    Pennzoil or not, Roger should continue using Mobil oil in his race cars. He didn't become the champion that he is by using Pennzoil.

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  1. "bike lanes, specialized lighting, decorative signage, public art, grass medians, trees and rain gardens" These are all nice things to have, but can we freaking get the hundreds of potholes all over the city fixed first?!?!?!!?!?!

  2. When a criminal with multiple prior convictions serves five days of a one year sentence and later kills a police officer with a weapon illegally in his posession, residents of Boone County need to pay a tax to drive to work... PERFECT Progressive logic.. If, on the other hand, a fund were to be set up to build more prisons and hire more guards to keep the known criminals off the streets, I'd be the first to contribute.

  3. Not a word about how much the taxpayers will be ripped off on this deal. Crime spirals out of control and the the social problems that cause it go unheeded by an administration that does not give a rats behind about the welfare of our citizens. There is no money for police or plowing snow (remember last winter) or or or or, but spend on a sports complex, and the cash flows out of the taxpayers pockets. This city is SICK

  4. Sounds like a competitor just wanted to cause a problem. I would think as long as they are not "selling" the alcohol to the residents it is no different than if I serve wine to dinner guests. With all the violent crime happening I would think they should turn their attention to real criminals. Let these older residents enjoy what pleasures they can. Then again those boozed up residents may pose a danger to society.

  5. Where did the money go from the 2007 Income tax increase for public safety that the Mayor used to stir opposition and win the election and then failed to repeal (although he promised he would when he was running for election)? Where did the money go from the water utility sale? Where did the money go from the parking meter deal? Why does the money have all these funds for TIF deals and redevelopment of Mass avenue, and subsidy for luxury high rises, parking garages in Broad Ripple, and granola chain grocery stores but can not find the money to take care of public safety. Commuters shouldn't have to pay the tax of failed leadership in Marion County by leaders that commuters have no say in electing. Taxation without representation.

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