ESTERO,
Fla. and LONDON,
June 25,
2022 /PRNewswire/ -- Hertz announced today it is
sponsoring a new Porsche racecar to compete in the 2023 FIA World
Endurance Championship (WEC) which includes the legendary 24 Hours
of Le Mans race. Hertz will serve as title sponsor for a new
Porsche 963 LMDh racecar from 2023 to 2025.
Vehicle design leader Singer Group and JOTA, the recently
crowned Le Mans LMP2 winner, will join the new racing team. Singer
Group will serve as a sponsor and JOTA will oversee all vehicle and
race-day preparation and manage the team, crew and drivers.
Hertz has a long history of successful auto racing sponsorships
in NASCAR, MotoGP, rallying and other sportscar racing.
Participating in the WEC marks a new chapter in the company's
involvement with premium motorsports experiences.
"We're excited to sponsor a new Hertz racing team and partner
with JOTA and Singer to join one of the most thrilling and
prestigious race series in the world," said Hertz CEO Stephen Scherr. "Hertz intends to transform the
future of mobility through technological innovation and a
digital-first customer experience, and we look forward to bringing
our brand to millions of car racing fans at next year's World
Endurance Championship."
"Racing with Hertz and Singer is a momentous milestone for
JOTA," said David Clark, co-owner of
JOTA. "We have enjoyed hard-won success at a global level in recent
years, particularly at Le Mans. With this new team, we will be in a
very strong position to keep our momentum going when sportscar
racing truly enters a golden period in 2023."
More details about the new Hertz-sponsored racing team,
including the livery of the car, will be announced soon.
About Hertz
The Hertz Corporation, a subsidiary of
Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty
vehicle rental brands throughout North
America, Europe, the
Caribbean, Latin American,
Africa, the Middle East, Asia, Australia and New
Zealand. The Hertz Corporation is one of the largest
worldwide vehicle rental companies, and the Hertz brand is one of
the most recognised globally. Additionally, The Hertz Corporation
operates the Firefly Car Rental, Ace Rental Cars and Hertz 24/7 in
select markets as well as the Flexicar car sharing business in
Australia and New Zealand. For more information about The
Hertz Corporation, visit www.hertz.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this release include
"forward-looking statements" within the meaning of applicable
securities laws and regulations. These statements often include
words such as "believe," "expect," "enable," "develop,"
"anticipate," "intend," "plan," "estimate," "seek," "will," "may,"
"would," "should," "could," "forecasts" or similar expressions.
These statements are based on the Hertz's current
views with respect to future events. These forward-looking
statements are subject to a number of risks and uncertainties
including prevailing market conditions, our ability to implement
the initiatives described in this press release, as well as other
factors described in the Risk Factor sections of our latest Annual
Report on Form 10-K and Quarterly Reports on Form 10-Qs.
Forward-looking statements represent Hertz's estimates
and assumptions only as of the date that they were made, and,
except as required by law, Hertz undertakes no obligation
to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or
otherwise.

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SOURCE Hertz Global Holdings, Inc.