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Gainbridge becomes new presenting sponsor for Indy 500

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INDIANAPOLIS (AP) The Indianapolis 500 will have a new presenting sponsor for the next four years.

Race officials announced Thursday that Gainbridge, an online annuity and life insurance company, has agreed to a deal to sponsor IndyCar’s biggest race starting this May. Gainbridge replaces PennGrade, whose three-year deal expired in 2018.

The move comes as preparations for this season kick into high gear.

Series officials announced two weeks ago that NTT, a Japanese information technology and communications giant, would become the series’ new title sponsor. On Jan. 9, NBC announced it would carry eight of this season’s 17 races. Driver announcements have been trickling in, too.

IndyCar’s season opener is set for March 10 in St. Petersburg. The 500 will be held May 26.

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Hildebrand enters Indy 500 with Dreyer & Reinbold Racing

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INDIANAPOLIS — J.R. Hildebrand will race in the Indianapolis 500 with Dreyer & Reinbold Racing in a second entry dedicated to the late Dan Gurney.

Hildebrand will pilot the No. 48 as a nod to the number used by Gurney, a racer, car builder and team owner who died in 2018. Hildebrand will be teammates with Sage Karam and his car will be sponsored by Salesforce.com.

Hildebrand has eight previous Indy 500 starts and was leading on the final lap as a rookie in 2011 when he crashed in the final turn. Dan Wheldon slipped past for the victory and Hildebrand finished second.

Hildebrand also drove for DRR last season.

DRR is also fielding the #24 Chevrolet in this year’s Indy 500 for Sage Karam.