Penske Corp. and Shell have confirmed a multi-year extension of their ongoing alliance in North America. As part of the agreement, Shell and Pennzoil will continue sponsoring Penske Racing entries in the NASCAR Sprint Cup Series and the IZOD IndyCar Series. Shell also will continue to be the preferred supplier of fuels, lubricants and related products to the Penske organization.

Pennzoil will continue to be the "Official Motor Oil" of Penske Racing. Shell and Pennzoil will continue to be the primary sponsor of the Penske Racing No. 22 car for 33 races in the NASCAR Sprint Cup Series. Proven race-winning driver Joey Logano joins the team this season racing the distinctive Shell-Pennzoil Ford Fusion beginning in 2013.

For the third consecutive season, three-time Indianapolis 500 winner Helio Castroneves will continue to represent the Shell and Pennzoil premium brands in 2013. Castroneves will drive the No. 3 Shell V-Power Pennzoil Ultra IndyCar at the Indianapolis 500 on May 26 as well as at the inaugural Shell and Pennzoil Grand Prix of Houston series doubleheader, Oct. 5-6. Shell and Pennzoil also will be associate sponsors on all Penske Racing cars competing throughout the season in the NASCAR Sprint Cup and Nationwide Series as well as the IZOD IndyCar Series.

Pennzoil first aligned with Penske Racing as part of its IndyCar teams in 1983 and won the 1984 and 1988 Indianapolis 500-mile Races with driver Rick Mears.