Shell-Pennzoil renew Penske deal, build on McLaughlin Indy 500 sponsorship

Shell-Pennzoil has renewed their partnership with Team Penske, adding “official series fuel” status to their sponsorship of Scott McLaughlin and Josef Newgarden’s Indy 500 entries.

Scott McLaughlin drives the #3 Pennzoil Chevrolet during Indy 500 practice. (Penske Entertainment)

Beginning in 2023, Shell will become the official fuel of the NTT Indycar Series, as well as extending its sponsorship of Team Penske's Indycar and NASCAR teams.

The deal includes primary sponsorship in this year's Indy 500 for Penske drivers Scott McLaughlin and Josef Newgarden, with Pennzoil branding for McLaughlin.

Pennzoil will also extend its Indycar series motor oil sponsorship and NASCAR race naming rights.

The motor oil brand first sponsored Team Penske in 1983, with the current deal starting when the groups reunited in 2011.

“We are proud of the global business relationship with Shell and Pennzoil that extends across our Penske companies,” said Roger Penske.

“Over the years, we have experienced great success together on the track, and the relationship has evolved to include our transportation business operations all over the world."

"Our teams are also working with Shell and Pennzoil on product development and multiple sustainability initiatives to help keep us focused on the future.”