Business
Root Celebrates Back-to-Back Indianapolis 500 Victories Through Partnerships Built on Performance and Innovation
Consecutive Indy 500 wins with two elite racing organizations reinforce Root’s focus on innovation, strategic partnerships, and winning at the highest levelCOLUMBUS, Ohio, May 28, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, is celebrating a historic milestone as drivers representing two different Root-sponsored teams, Chip Ganassi Racing and Meyer Shank Racing, captured back-to-back victories at the iconic Indianapolis 500. After winning the 202
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Consecutive Indy 500 wins with two elite racing organizations reinforce Root’s focus on innovation, strategic partnerships, and winning at the highest level COLUMBUS, Ohio, May 28, 2026 (GLOBE NEWSWIRE) -- Root (NASDAQ: ROOT), the leading technology company in car insurance, is celebrating a historic milestone as drivers representing two different Root-sponsored teams, Chip Ganassi Racing and Meyer Shank Racing, captured back-to-back victories at the iconic Indianapolis 500. After winning the 2025 Indianapolis 500 alongside Chip Ganassi Racing, Root returned to Victory Lane this year with Meyer Shank Racing, marking consecutive Indy 500 victories with two of INDYCAR’s top organizations. This achievement reflects Root’s strategic focus on identifying, selecting, and building deep partnerships with best-in-class organizations that share a commitment to precision, technology, and execution. “Winning the Indianapolis 500 two years in a row with two different elite organizations is incredibly meaningful for Root,” said Jason Shapiro, SVP of Business Development at Root Insurance. “We continue to align ourselves with organizations that operate at the highest level under pressure, innovate constantly, and never stop pursuing improvement. That data-driven mindset mirrors our approach to building Root’s product and partner network.” Root has rapidly expanded its partnership ecosystem across automotive, financial services, and independent agent channels, with strategic collaborations serving as a key driver of growth and helping to accelerate access to new customers nationwide. The company’s new writings in the partnership channel nearly tripled in 2025 alone, underscoring the momentum and scale of Root’s expanding distribution strategy. The company sees its success in motorsports as a validation of its broader business philosophy of partnering with elite operators who challenge convention and deliver results. This partnership approach directly extends to INDYCAR racing, where the demands for precision, speed, teamwork, and constant innovation closely align with how Root uses technology, data, and analytics to build and scale its business. “Root has become part of our racing family,” said Mike Shank, Co-Owner of Meyer Shank Racing. “They understand that great partnerships are built on trust, alignment, and shared ambition. This Indy 500 win is the ultimate validati...