Team Penske announced today that it has reached an extension agreement with DXC Technology (NYSE: DXC) for the 2018 Verizon IndyCar Series season.
In its first season as a motorsports sponsor in 2017, DXC Technology built on an established presence with Team Penske’s successful Verizon IndyCar Series program and 2016 series champion, Simon Pagenaud, driver of the No. 22 Dallara/Chevrolet. DXC Technology celebrated with Pagenaud in Victory Lane of the season-ending series race in Sonoma, California, to claim its first INDYCAR win.
For the 2018 season, DXC Technology will return and serve as the primary sponsor on Pagenaud’s car for six races, which will begin with the Grand Prix of Long Beach on April 15. DXC Technology will also continue as an associate sponsor on the remaining races for the No. 22 team.
“Team Penske is excited to grow the partnership with DXC Technology for 2018,” said Roger Penske. “This is a technology-dependent sport and we were able to integrate DXC into our INDYCAR program this season and we will be ready to take our performance, and hopefully our results, to the next level with them in 2018.”
DXC Technology was the primary sponsor aboard Pagenaud’s car for six races in the company’s first year with the team in 2017, including the memorable win in the season finale at Sonoma Raceway.
“I enjoyed working with DXC Technology and representing their brand this past season,” said Pagenaud. “DXC Technology shares a similar philosophy with us at Team Penske, which is to strive for excellence. We are very proud to work together relentlessly toward further limits in our respective industries. We were excited to get a win with them in Sonoma and everyone at Team Penske wants to build on that as we welcome them back for 2018.”
DXC Technology is the world’s leading independent, end-to-end IT services company. Formed by the 2017 merger of CSC and the Enterprise Services business of Hewlett Packard Enterprise, the company has more than 155,000 employees across 70 countries, serving some 6,000 clients. Its mission is to lead digital transformation for clients by tapping into global talent, developing powerful next-generation IT solutions and leveraging extensive partner relationships.
“Our partnership with Team Penske provides a great opportunity for DXC Technology,” said Mike Lawrie, DXC Technology chairman, president and CEO. “Performance and reputation make Team Penske the type of organization with which we want to align. Like us, they strive for excellence in everything they do and work diligently to provide value for both sides of the relationship.”
The 2018 Verizon IndyCar Series season opens on March 11 in the Streets of St. Petersburg in Florida, the 1.8-mile temporary circuit set up on city streets and a runway of Albert Whitted Airport.
Read how Team Penske and DXC Technology collaborated to enhance the engineering process with a “digital transformation workshop” designed to optimize the team’s engineering software: How a championship-winning race team cut engineering cycles by 30 percent.
About DXC Technology
DXC Technology (NYSE: DXC) is the world’s leading business transformation company, helping clients harness the power of innovation to thrive on change. Born of the merger of CSC and the Enterprise Services business of Hewlett Packard Enterprise, DXC serves nearly 6,000 private and public sector enterprises across 70 countries. DXC’s technology independence, global talent, expertise and extensive alliance of partners combine to deliver the most powerful end-to-end next-generation IT services and solutions. DXC is recognized among best corporate citizens globally. For more information, visit https://www.dxc.technology.
About Team Penske
Team Penske is one of the most successful teams in the history of professional sports and celebrated its 50th Anniversary in 2016. Cars owned and prepared by Team Penske have produced more than 470 major race wins, over 540 pole positions and 31 National Championships across open-wheel, stock car and sports car racing competition. In its storied history, the team has also earned 16 Indianapolis 500 victories, two Daytona 500 Championships, a Formula 1 win and overall victories in the 24 Hours of Daytona and the 12 Hours of Sebring. Team Penske currently competes in the Verizon IndyCar Series, the Monster Energy NASCAR Cup Series and NASCAR XFINITY Series. The team also races in the Virgin Australia Supercars Championship, in a partnership with Dick Johnson Racing, as DJR Team Penske. For more information about Team Penske, please visit www.teampenske.com.
TIL NEXT TIME, I AM STILL WORKING ON MY REDNECK!