Gainbridge, the online digital platform that provides trusted financial products has reached a multi-year contract extension with Penske Entertainment Corporation to continue their title sponsorship of the Indianapolis 500.
The partnership began in 2019 and speaking about the contract extension, Group1001 President and CEO, Dan Towriss commented saying:
We have enjoyed a tremendous relationship with IMS and Penske Entertainment and are thrilled to extend our sponsorship of the Indianapolis 500. “This event is so iconic in the world of motorsport and a hallmark to Indianapolis. The parallels between racing and our business, a commitment to success and making every second count, make this the perfect partnership.
Gainbridge has a long history in the NTT IndyCar Series as they have been the primary sponsor of Colton Herta’s No.26, Gainbridge Honda, since 2020.
Speaking about the new agreement between the Indianapolis Motor Speedway and Gainbridge, President and CEO of Penske Entertainment Corporation, Mark Miles commented saying:
Gainbridge is fully invested in racing as a vehicle for brand growth and understands the unique and global platform the Indianapolis 500 provides, We’re excited to continue this mutually productive relationship between two innovative and trusted partners in their space.”
The 106th running of the Indianapolis 500 presented by Gainbridge takes place on Sunday and is live on NBC Sport from 11AM ET.