Team Penske confirmed on Thursday that they have extended their partnership with Hitachi in 2017.

The continued relationship means that Hitachi will remain as the primary sponsor to the No.3 Chevrolet of three time Indianapolis 500 winner Helio Castroneves. Hitachi will continue to be an associate partner for series champion Simon Pagenaud, Will Power and team newcomer Josef Newgarden.

Team owner Roger Penske commented on the news by saying:

Our partnership with Hitachi has evolved into a highly-integrated relationship that extends across multiple business platforms, Hitachi continues to work in conjunction with Chevrolet on the fuel injection systems in the Chevy Indy cars so they are truly engaged with our on-track performance. Beyond the track, the relationship with Hitachi continues to grow and we are proud of the success we have shared through our joint marketing and promotional initiatives.

Helio Castroneves commented by saying:

Partnering with Hitachi and representing their brand is a true honor. “Continuing to have Hitachi on the car is both exciting and motivating. They are so much more than a partner to me. They’ve become part of the family.

Rob Sharpe, senior vice president of Sales and Marketing with Hitachi Automotive Systems Americas commented by saying:

We are looking forward to our sixth season with Team Penske. “Placing first, second and third in the 2016 Verizon IndyCar Series championship demonstrates Team Penske’s outstanding organization and strong focus on performance and technology. Hitachi welcomes this ongoing collaboration—both on and off the track.

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