XPEL Grows INDYCAR Presence Through Enhanced Team Penske Partnership
08 April 2021 - 1:00AM
Business Wire
Expanded Activation in 2021 Includes Three-Race
Primary Sponsorship of No. 2 Chevy Driven by Two-Time Series Champ
Josef Newgarden
XPEL (NASDAQ: XPEL), a leading provider of protective
films and coatings, announced today it will increase its presence
in the NTT INDYCAR SERIES through an enhanced partnership with Team
Penske and two-time series champion Josef Newgarden.
XPEL will be the primary sponsor of the No. 2 Chevrolet for
three races during the upcoming 2021 season, increasing its primary
presence from two races in 2020 – the company’s first year as an
INDYCAR SERIES partner. With its distinctive yellow and black
design, the No. 2 XPEL Chevy will be driven by Newgarden during the
May 1-2 doubleheader at Texas Motor Speedway (TMS), including the
second race of the weekend – the XPEL 375 on Sunday afternoon.
Newgarden will also race the XPEL Chevrolet on August 14 in the
series race on the road course at the legendary Indianapolis Motor
Speedway. XPEL will also be an associate sponsor for Newgarden and
the No. 2 Chevy throughout the 2021 INDYCAR SERIES season.
“We are proud to see our partnership with XPEL continue to grow
as they build on their INDYCAR presence,” said Roger Penske. “XPEL
can help reach its business goals by connecting with fans of the
NTT INDYCAR SERIES, and Josef has been a great representative for
the company on and off the track. We look forward to continued
success with XPEL and the No. 2 Dallara/Chevrolet team this
season.”
Newgarden helped welcome XPEL to the Team Penske INDYCAR SERIES
partner family in 2020 when he won the pole position at TMS in what
turned out to be the opening race of a season that was delayed by
COVID-19.
“Last year, the XPEL brand had the perfect INDYCAR debut with
Team Penske and Josef Newgarden,” said Ryan Pape, XPEL CEO. “This
year we are thrilled to see Josef suit up for a third race driving
the No. 2 XPEL INDYCAR and are especially excited to see him race
at the XPEL 375.”
Since joining Team Penske prior to the 2017 INDYCAR SERIES
season, Newgarden has won a series-leading 15 races as the native
of Hendersonville, Tenn. captured the series championship in 2017
and 2019 before finishing as series runner up last season. The
American star has produced strong recent results on the 1.5-mile
TMS oval, as he led 54 laps and won during his championship season
of 2019 before he produced a third-place Texas finish last
season.
“I was a customer of XPEL even before they became a partner on
the No. 2 Chevrolet at Team Penske,” said Newgarden. “They are a
first-class company with top-notch products, and their support of
Team Penske has been amazing. We will certainly be working hard to
deliver a win for them in their home state at the XPEL 375.”
About XPEL XPEL is a leading provider of protective films
and coatings, including automotive paint protection film, surface
protection film, automotive and commercial/residential window
films, and ceramic coatings. With a global footprint, a network of
trained installers and proprietary DAP software, XPEL is dedicated
to exceeding customer expectations by providing high-quality
products, leading customer service, expert technical support and
world-class training. XPEL, Inc. is publicly traded on Nasdaq under
the symbol “XPEL.” https://www.xpel.com/
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 550 major race
wins, over 650 pole positions and 40 Championships across
open-wheel, stock car and sports car racing competition. Over the
course of its 55-year history, the team has also earned 18
Indianapolis 500 victories, two Daytona 500 Championships, a
Formula 1 win, overall 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 2021, Team Penske will compete in the NTT
INDYCAR SERIES, the NASCAR Cup Series and the NASCAR Xfinity
Series. For more information about Team Penske, please visit
www.teampenske.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210407005166/en/
Jeremy Troiano jeremy.troiano@teampenske.com 704-726-6849
Robert Bezner rbezner@xpel.com 210-678-3700
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