Team Penske and the Chevrolet Detroit Grand Prix, which operates under Penske’s ownership, both revealed new partnerships earlier today.
The Penske team announced a multi-year agreement with 3D printing and additive manufacturing solutions company Stratasys Ltd., which will provide equipment and support to assist the organization’s engineering and manufacturing efforts in both the NASCAR and IndyCar programs.
“Our strategic partnership with Stratasys should keep our manufacturing and engineering processes at the front of the pack,” Team Penske President Tim Cindric said of the new partnership. “Stratasys is on the cutting edge of additive manufacturing technology for automotive applications. Utilizing their equipment and technical support will provide us with another means to put our ideas on the race track first.”
For the Chevrolet Detroit Grand Prix, scheduled for June 2-4, Lear Corporation will join as the presenting sponsor. The supplier of automotive seating and electrical systems maintains an active presence in the Detroit area. Quicken Loans had been the prior presenting sponsor.
“The Chevrolet Detroit Grand Prix is so proud to welcome Lear Corporation as our presenting sponsor in 2017,” said Bud Denker, chairman of the newly dubbed Chevrolet Detroit Grand Prix presented by Lear. “Lear and Matt Simoncini are great supporters of Detroit and our community. We could not ask for a better partner to team with Chevrolet and help us host world-class racing and a weekend full of fun and excitement in the Motor City.”
The event will continues its status the week following the Indianapolis 500 and remains the only double-header on the schedule.