Shell, Penske extension sees Shell back for Castroneves at Indy 500

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With Shell and Pennzoil having had a longterm business relationship with Team Penske, today’s long-term extension through 2022 and beyond also means Shell’s relationship on Penske’s Verizon IndyCar Series program continues.

Helio Castroneves’s No. 3 Chevrolet will be adorned in Shell V-Power NiTRO+ colors at the 101st Indianapolis 500 presented by PennGrade Motor Oil on May 28, with Shell and Pennzoil continuing as associate sponsors on all Team Penske cars in the NASCAR Xfinity Series and IndyCar.

Castroneves’ car has had either Shell or Pennzoil on his car each of the last six Indianapolis 500s dating to 2011, but has not yet won an Indianapolis 500 with Shell or Pennzoil as the primary sponsor. The Rick Mears tribute “Yelio Submarine” ran in both 2014 and 2016, with the 2014 race a particularly tough loss as Castroneves came second by a fraction to Ryan Hunter-Reay.

INDIANAPOLIS, IN - MAY 17: Helio Castroneves appears at a Shell station on May 17, 2011 in Indianapolis, Indiana. (Photo by Michael Hickey/Getty Images for MATTER)
INDIANAPOLIS, IN – MAY 17: Helio Castroneves appears at a Shell station on May 17, 2011 in Indianapolis, Indiana. (Photo by Michael Hickey/Getty Images for MATTER)

Castroneves has had Shell V-Power for the Indianapolis 500 in 2011, Shell V-Power/Pennzoil Ultra in 2012 and 2013 and Shell V-Power Nitro+ in 2015.

In those six races, Castroneves has finished 17th, 10th, sixth, second, seventh and 11th.

“It’s an iconic sponsor; a partner actually, to be honest,” Castroneves said during the announcement at Daytona International Speedway for the Daytona 500.

“Since I was a kid in Brazil, watching Formula 1 and IndyCar, now I’m the one to be wearing that patch in my suit.

“I’m really excited to be back for the Indy 500. We’ll be with Shell NiTRO+ V-Power. They’re always innovating and in the technical part.

“We’re going for our fourth win… we’ve been so close. We know we can make it happen. We have the equipment and teammates to make it happen. It’s an amazing organization, and I’m so thankful to be part of it.”

Castroneves is the longest tenured active member of Team Penske’s driver lineup in all its series as he heads into his 18th season with the team and 20th overall since joining IndyCar in 1998.

Full-season teammates are defending champion Simon Pagenaud, 2014 champion Will Power and new recruit Josef Newgarden, with two-time Indianapolis 500 champion Juan Pablo Montoya joining the field in a fifth car for the ‘500.

Commercial partners for Montoya’s car haven’t yet been announced but with Menards (Pagenaud), Verizon (Power) and likely Verizon (Newgarden) for the ‘500, it stands to reason another of Penske’s longterm sponsors will be present for Montoya.

Roger Penske, who turned 80 earlier this week, made a great and key point during the Daytona announcement; he noted that of his 38 sponsors for the race team, he has business relationships with 25 of them.

Max Verstappen, Sergio Perez and Formula One embrace the United States

Verstappen Perez United States
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Last week, Red Bull Racing revealed its new car, the RB19, and a new relationship with Ford Motor Co. in an event in New York City complete with drivers Max Verstappen, Sergio Perez and team principal Christian Horner.

It’s the first Formula 1 team to launch in the United States for 2023, but even that small move of the needle reflects a major shift in the attitude of both F1’s management and their teams – and the extent to which the American audience has fully embraced the sport.

“It’s something fantastic and unique, for the sport to be able to break it into the U.S,” Perez told NBC Sports. “The market is huge and it’s a huge opportunity for everyone involved, for the drivers, for the team. It’s always a huge market.”

Verstappen Perez United States
Sergio Perez finished fourth in the Unites States Grand Prix, but he was first with the fans.  – Jared C. Tilton/Getty Images

In 2023, Formula 1 will race three times in the United States and five times in North America. The Circuit of the Americas will host their 11th consecutive race in October before heading south to Mexico City. Miami returns for a second time in May on a temporary street course around the Hard Rock cafe and the third addition is in downtown Las Vegas in November.

With the Canadian Grand Prix on the schedule for June and the Brazilian Grand Prix in November, American fans are now in the ballpark of Europeans, who have eight events on the continent and one in England.

In 2022, Verstappen won every race in North America. He was kept from sweeping the hemisphere only by George Russell, who won in Brazil. That fact is less remarkable when one considers that Verstappen won 15 times in the season – nearly two-thirds of the races on the schedule.

By the time Formula arrived in Austin, Texas, for Round 20 of 23, Verstappen already had wrapped up his second consecutive championship.

“Sometimes it can be hard to replicate the season, but I think it’s the same as with the car, right? You always try to improve it,” Verstappen told NBC Sports. “And I always look at the little details that even when you have had a good race, you could have done better. And then of course you also learn from the bad races. So we always try to look for these little improvements and general experience you gain year after year.

“You try to do better, but of course it also depends a lot on the package you have.”

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Max Verstappen United States Grand Prix win was one of 15 for the drivers and 17 for Red Bull.
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Now Verstappen’s thoughts inevitably will turn to establishing a dynasty, and America will again play a pivotal role.

“I just enjoy what I’m doing,” Verstappen said.  “After the years in Formula One, when you have to be on top of your game and you gain a lot on your experience – in that sense nothing really can get to you anymore. Every year you just try to do the best you can. But a lot depends on the material around you. It’s always a bit of a guess. Start the season as fit as you can be and be well prepared. But if you don’t have the car, you’re not going to win the championship.”

Perez added two wins to Red Bull’s total, at Monaco and the Marina Bay Street course. With two of the US 2023 races on street courses, Perez hopes to close the gap on Verstappen and potentially be his chief rival for the championship.

“The strategy is clear; it is to maximize the potential of the car – and we believe we have a good car, but how good?,” Perez said “We don’t know what the competition is doing. We just give our best in building this car and we hope that it’s good enough to get us to win races.

“I think we have to work together as a team. At the same time. We both want to win the championship. It’s just having good compromise. The competition will be really strong out there, so we really need everything we possibly can get from each other.”

Formula One returns to the United States for Round 6 and the Miami Grand Prix on May 7.