Verizon and Team Penske to continue storied partnership
February 07 2023 - 09:00AM
GlobeNewswire Inc.
Following a 2022 motorsports season that saw Will Power win his
second NTT INDYCAR SERIES (NICS) title in the No. 12 Verizon 5G
Chevrolet, Verizon and Team Penske today announced a multiyear
extension of Verizon’s sponsorship.
Verizon will continue as the primary sponsor of Power and the
No. 12 Team Penske Chevrolet for all 17 races on the NICS schedule.
The Verizon colors first adorned the No. 12 Team Penske Chevrolet
in 2009 during Power’s initial, part-time NICS season. The
technology, communications, information and entertainment leader
has remained the primary sponsor of Power throughout his 15-year
career with Team Penske, with this new agreement extending the
relationship into the future.
“Verizon has been a true partner of Team Penske since our first
season together in 2009,” said team owner Roger Penske. “They have
been an integral part of our success in INDYCAR competition.
Verizon is a terrific fit for our INDYCAR team and the INDYCAR
SERIES as one the world’s technological leaders. Their cutting-edge
approach means a bright future for our partnership.”
Power continues to rise through the ranks of the all-time
greatest drivers in the NTT INDYCAR SERIES as he enters his 15th
season as part of the Team Penske lineup. After winning races at a
prodigious clip early in his career, the Toowoomba, Australia
native captured his first series title in 2014. In 2018, he became
the first Australian to win “The Greatest Spectacle in Racing” with
a spectacular drive in the No. 12 Verizon Chevrolet. However, the
2022 season was one in which he fully-cemented his place in INDYCAR
SERIES lore. A consistent season was transformed into a historic
one as he passed Mario Andretti for the most pole positions in
series history in the season-finale weekend at Laguna Seca. A
third-place finish in that race lifted Power to his second career
title in a season in which he completed all 2,268 laps of
competition. Throughout the partnership between Verizon and Penske,
Power has raced to 41 wins and 68 pole positions, ranking fifth and
second in team history, respectively.
“Very few drivers are lucky enough to have the support of one
partner for as long as I’ve had the opportunity to work with
Verizon,” said Power. “They have been instrumental in my career, a
career that would likely have looked much different without them. I
still have things I want to accomplish and I look forward to
representing them and having my number 12 car with the Verizon logo
in the winner’s circle.”
Verizon and Team Penske have a longstanding innovation history.
From using Verizon 5G Ultra Wideband to analyze the performance of
cars coming in and out of the first turn at the Indianapolis Motor
Speedway in preparation for the Indy 500 and being able to analyze
performance data in near real-time, to race fans being able to
share, stream and tweet race moments via Verizon 5G Ultra Wideband
at the Penske-owned Indianapolis Motor Speedway, innovation is at
the forefront of this partnership.
“Team Penske has been a true co-innovation partner since the
very beginning of our relationship. They understand the impact that
Verizon 5G can have on what they are trying to achieve each season,
which is a NTT INDYCAR SERIES title, and the proof is in their
performance,” said Massimo Peselli, CRO of Global Enterprise and
Public Sector, Verizon Business. “We’re excited to continue this
legacy and be a key part of this storied race team’s future.”
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on
June 30, 2000 and is one of the world’s leading providers of
technology and communications services. Headquartered in New York
City and with a presence around the world, Verizon generated
revenues of $136.8 billion in 2022. The company offers data, video
and voice services and solutions on its award-winning networks and
platforms, delivering on customers’ demand for mobility, reliable
network connectivity, security and control.
About Team Penske Team Penske is one of the
most successful teams in the history of professional sports. Cars
owned and prepared by Team Penske have produced more than 600 major
race wins, over 670 pole positions and 43 championships across
open-wheel, stock car and sports car racing competition. Over the
course of its 56-year history, the team has also earned 18
Indianapolis 500 victories, three Daytona 500 Championships, a
Formula 1 win, victories in the 24 Hours of Daytona and the 12
Hours of Sebring, along with a win in Australia’s legendary
Bathurst 1000 race. In 2023, Team Penske will compete in the NTT
INDYCAR SERIES and the NASCAR Cup Series. Under a new Team Penske
global partnership, Porsche Penske Motorsport will compete in the
IMSA WeatherTech SportsCar Championship and the World Endurance
Championship beginning next season. For more information about Team
Penske, please visit www.teampenske.com.
Media contact:Kyle
Ragonesekyle.ragonese@verizon.com732.236.3526
Tina Stradertina.strader@teampenske.com678.523.5857
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