Relationship to surpass 40 Years with extension across Team’s INDYCAR, NASCAR programs
MOORESVILLE, NC – One of the longest-running partnerships in motorsports will reach 40 years and beyond as Team Penske and PPG (NYSE: PPG) have announced a multi-year extension of their agreement across the Team’s NASCAR® and INDYCAR® programs.
PPG and Team Penske have announced the renewal of their partnership, which surpasses 40 years and makes it one of the longest-running partnerships in motorsports. The popular blue-and-white PPG paint scheme will continue in NTT INDYCAR SERIES competition as Josef Newgarden will race the No. 2 PPG Chevrolet in 2023.
The distinct and popular blue-and-white PPG paint scheme will continue in NTT INDYCAR SERIES
(NICS) competition as two-time NICS champion, Josef Newgarden, will race the No. 2 PPG Chevrolet
in 2023 and into the future. PPG will also continue to serve as an associate partner on the No. 12
Chevrolet driven by reigning NICS Champion Will Power, and the No. 3 Chevrolet driven by title
contender Scott McLaughlin. Under the new agreement, PPG will also return as a Team Penske
partner in the NASCAR Cup Series (NCS), serving as an associate sponsor of the No. 2 Ford Mustang
driven by Austin Cindric, the No. 12 Ford Mustang driven by Ryan Blaney, and the No. 22 Ford
Mustang driven by defending Cup Series Champion Joey Logano.
“Team Penske and PPG have been the model of business-to-business partnerships for over 30 years,”
said Team Penske President Tim Cindric. “We are entering our fourth decade together and we take
great pride in the successes we have had together with PPG on and off the race track. Our vision for
the future remains aligned across all of our businesses, while we continue to strive to add more iconic
paint schemes to our storied on-track legacy.”
“I love getting behind the wheel of the No. 2 PPG Chevrolet,” said Newgarden, defending winner of this
weekend’s PPG 375 at Texas Motor Speedway. “The beautiful paint scheme is a fan favorite and we
always deliver strong results when PPG is on the car. We appreciate the outstanding support of PPG at
the track and seeing their employees and guests root us on always helps us take it to another level on
race weekends.”
PPG has also leveraged its partnership with Team Penske to grow its community engagement
initiatives, including the COLORFUL COMMUNITIES® program. Most recently, Team Penske’s
INDYCAR and NASCAR drivers helped support PPG’s enhancement of the Hawthorne Community
Center in Indianapolis to make a positive and lasting impact in the local community.
“PPG has provided paint for Team Penske cars since 1984, and our relationship has flourished ever
since,” said Bill Shaw, PPG director, strategic sales, Automotive Refinish. “We are so excited to be
renewing our sponsorship and to have Josef driving the No. 2 PPG Chevy at the PPG 375 is just a
great way to start the season.”
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, more than 670 pole
positions and 43 championships across open-wheel, stock car and sports car racing competition. Over
the course of its 57-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 this season. For more information about Team
Penske, please visit www.teampenske.com.
PPG: WE PROTECT AND BEAUTIFY THE WORLD®
At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty
materials that our customers have trusted for 140 years. Through dedication and creativity, we solve
our customers’ biggest challenges, collaborating closely to find the right path forward. With
headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales
of $17.7 billion in 2022. We serve customers in construction, consumer products, industrial, and
transportation markets and aftermarkets. To learn more, visit www.ppg.com.
Colorful Communities, the PPG logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
NASCAR is a registered trademark of the National Association for Stock Car Auto Racing, LLC.
INDYCAR is a registered trademark of Brickyard Trademarks, Inc.
Contacts:
Team Penske media contact:
Tina Strader
Director of Communications
tina.strader@teampenske.com
+1 678-523-5857
PPG media contact:
Samantha Allen
Communications Partner
samantha.allen@ppg.com
+1 440-334-3164