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Josef Newgarden. (Al Steinberg Photo)

Team Penske & PPG Extend Agreement

MOORESVILLE, N.C. — The 40-plus year partnership between Team Penske and PPG – one of the longest-running business relationships in motorsports history – will continue in 2024 and beyond.

The parties announced a multi-year extension of PPG’s sponsorship across the team’s NASCAR and IndyCar programs on Sunday.

The distinctive blue-and-white PPG paint scheme will continue to be featured in NTT IndyCar Series competition as two-time series champion and back-to-back Indianapolis 500 winner, Josef Newgarden, will race the No. 2 PPG Chevrolet in 2024 and into the future.

Under the partnership extension, PPG will continue to serve as an associate partner on the No. 12 Chevrolet driven by two-time IndyCar champion Will Power, and the No. 3 Chevrolet driven by six-time race winner Scott McLaughlin. PPG will also continue as a Team Penske partner in the NASCAR Cup Series, serving as an associate sponsor of the No. 2 Ford Mustang driven by 2022 Daytona 500 winner Austin Cindric, the No. 12 Ford Mustang driven by reigning Cup Series champion Ryan Blaney and the No. 22 Ford Mustang driven by two-time Cup Series champion Joey Logano.

“Our relationship with PPG was really one of the first business-to-business partnerships of its kind in motorsports,” said Team Penske President Tim Cindric. “It began over 40 years ago and we are really proud of everything we have accomplished together on and off the race track. Their commitment to motorsports has been far-reaching. We are looking forward to continuing to wear their colors in the winner’s circle for years to come.”

The Team Penske and PPG partnership began with the 1984 IndyCar Series season.

“I am honored and excited to continue representing PPG in the NTT IndyCar Series,” said Newgarden. “They are a legacy partner not only of Team Penske, but of the series as well. A company with terrific products deserves a beautiful paint scheme and the No. 2 PPG Chevrolet certainly has that. Fans love it as much as we do. I have a lot of wins with PPG and I am looking forward to plenty more in the future.”

Building on the partnership with Team Penske, the Indianapolis Motor Speedway also announced that PPG has extended its title sponsorship of the NASCAR Cup Series Brickyard 400.