Shell-Pennzoil and Penske Corporation have introduced the cars that will be participating in the 2011 NASCAR Sprint Cup Series and IZOD IndyCar Series. These two cars, which have Shell-Pennzoil livery all over them, are the products of the new sponsorship agreement the companies signed in April.
Kurt Busch will drive the No. 22 Dodge in next year's Sprint by, while Helio Castroneves will be driving the No. 3 Shell V-Power-Pennzoil Ultra Dallara/Honda. Lisa Davis, Shell Lubricants president, said that strategic alliances are “very important” to its organization.
She disclosed that what this alliance with Penske provides more opportunities to advance its technological leadership and product development “through the invaluable knowledge gained both on and off the track." Under the April agreement, the Shell-Pennzoil name will be promoted by the two drivers as well as by Will Power and Ryan Briscoe in the IndyCar series.
In entering into the deal Penske, Shell-Pennzoil had to withdraw from its existing contract with Richard Childress Racing (RCR). Roger Penske described Shell and Pennzoil as “two established and winning brands,” which will serve as strategic business providers for its Penske Automotive Group and Penske Truck Leasing businesses.
“I am very excited to be working with Shell and Pennzoil this season and I’m proud to have the opportunity to drive the beautiful Shell V-Power-Pennzoil Ultra™ car in the 2011 Indianapolis 500 representing the No. 1 premium gasoline and Pennzoil’s most advanced motor oil in the U.S.,” said Helio Castroneves, driver of the No. 3 Team Penske IndyCar. “Shell and Pennzoil have such a great history in IndyCar racing and they have certainly had some special moments with Penske Racing at the Indy 500. I hope we can create a little bit more history together this May at Indianapolis!”