Chip Ganassi Racing Teams And PNC Announce Multi-Year Agreement

CONCORD, N.C.  (May 22, 2014) – Chip Ganassi Racing Teams (CGRT) and The PNC Financial Services Group, Inc. (NYSE: PNC), today announced a new multi-year sponsorship agreement.

The agreement is the second between Ganassi and PNC, which have also had a banking relationship that goes back 25 years.

With the wide range of racing that CGRT participates in across three national touring series of the NASCAR Sprint Cup Series (NSCS), the Verizon IndyCar Series and the TUDOR United SportsCar Championship (TUSC), the agreement provides PNC with business development and client entertainment opportunities throughout the year.

The agreement will focus on the following five racing markets in 2014: Indianapolis, Atlanta, Chicago, Charlotte and Richmond, Va. PNC, which has a business presence in all five regions, will use the high interest in auto racing and the CGRT relationship to offer unique events and behind-the-scenes activities to clients and prospects.

CGRT Quoteboard:

Chip Ganassi, Owner, Chip Ganassi Racing Teams

“I have always maintained that outside of the racing itself, I have always enjoyed the relationships with highly respected companies and brands.  My relationship with PNC is certainly one of those that I am proud of.  Given that we are both from Pittsburgh it makes this announcement even more special.  We are happy to be deepening that relationship.”

About PNC

The PNC Financial Services Group, Inc. (www.pnc.com) is one of the United States’ largest diversified financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.

About Chip Ganassi Racing Teams

Chip Ganassi has been a fixture in the auto racing industry for over 25 years and is considered one of the most successful as well as innovative owners the sport has anywhere in the world.  Today his teams include four cars in the Verizon IndyCar Series, two cars in the NASCAR Sprint Cup Series, and one Prototype in the TUDOR United SportsCar Championship.  Overall his teams have 17 championships and 160 victories, including four Indianapolis 500s, a Daytona 500, a Brickyard 400, five Rolex 24 At Daytonas and the 12 Hours of Sebring.  Ganassi boasts state-of-the-art race shop facilities in Indianapolis and Brownsburg, Ind., and Concord, N.C., with a corporate office in Pittsburgh.

For more information log onto www.chipganassiracing.com

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of SpeedwayMedia.com

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