Business
XPEL Joins Defending IndyCar Series Champion Newgarden and Team Penske
New Team Sponsor Named “Official Protective Film Partner of Team Penske” MOORESVILLE, N.C. & SAN ANTONIO--(BUSINESS WIRE)-- Team Penske and XPEL, Inc.
About this update from Xpel, Inc.
[{"type":"text","content":"\nNew Team Sponsor Named “Official Protective Film Partner of Team Penske”\n\n MOORESVILLE, N.C. & SAN ANTONIO--(BUSINESS WIRE)--\nTeam Penske and XPEL, Inc. (NASDAQ: XPEL) a leading provider of automotive paint protective film and window tint, today announced a multi-year partnership. XPEL will be the primary sponsor of the No. 1 Dallara/Chevrolet driven by reigning and two-time NTT IndyCar Series Champion Josef Newgarden for two races in 2020. XPEL will also serve as the “Official Protective Film Partner of Team Penske.”\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191212005511/en/For two races in 2020, XPEL, Inc. will be the primary sponsor of the No. 1 Dallara/Chevrolet pictured here. (Photo: Business Wire)\n\nThe partnership with Team Penske – the most successful team in motorsports history – represents the first racing sponsorship for the San Antonio, Texas-based company. Newgarden will race the No. 1 XPEL Dallara/Chevrolet in the INDYCAR Grand Prix on the Indianapolis Motor Speedway road course on May 9 and in the Texas Indy 600 at Texas Motor Speedway (TMS) on June 6. XPEL will build on the partnership and become a primary sponsor for a third IndyCar Series race with Team Penske in 2021 and beyond.\n\n\n“We are excited to welcome XPEL to Team Penske in 2020,” said Roger Penske. “Motorsports provides a great opportunity to build the XPEL brand and we hope to build on a lot of business-to-business opportunities with their group. We look forward to delivering for XPEL both off and on the track as they compete with Josef and the defending champion No. 1 Chevy team starting next season.”\n\n\nXPEL is a global company that offers high-quality products, world-class customer support and a vast network of trained installers. Through partnership with Team Penske, the company expects to generate maximum brand recognition among core marketing segments including dealers as well as consumers.\n\n\n“We have thought about motorsports for quite a while, but we wanted to make sure we partnered with the right team,” said XPEL CEO Ryan Pape. “No one matches the success, class and integrity of Roger Penske, Team Penske and Penske Automotive Group. We are thrilled to be associated with Josef Newgarden as he is a proven winner. He will have plenty of support from our network of e...