Team Penske and PPG Industries have extended their longtime partnership, both parties announced March 31.
Via the extension, the two parties’ relationship will reach at least four decades.
The sponsorship agreement is for multiple years, though the exact length was not announced.
“Team Penske and PPG have been the model of business-to-business partnerships for over 30 years,” Tim Cindric, Penske president, said in a release. “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 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.”
PPG has been a sponsorship partner with Penske since the 1984 NTT IndyCar Series season. The sponsor has won 12 times across both IndyCar and NASCAR competition. The latest win for PPG came in last year’s IndyCar race at World Wide Technology Raceway at Gateway with Josef Newgarden.
Newgarden is carrying PPG colors in IndyCar in 2023, and the company will be an associate sponsor for Penske’s other IndyCar entries as well as its NASCAR Cup Series rides.
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