New Racing Oil To Help Reduce Greenhouse Gas Emissions[1] throughout NTT INDYCAR SERIES
INDIANAPOLIS (Friday, May 17, 2024) – Shell, Pennzoil and INDYCAR continue to advance their sustainability journey by unveiling the new Pennzoil Performance+ Racing Oil[2] using re-refined base oil (RRBO) to deliver top engine performance with less greenhouse gas emissions.1 INDYCAR teams will use Pennzoil Performance+ Racing Oil during the Indianapolis 500 presented by Gainbridge and throughout the NTT INDYCAR SERIES.
“We are thrilled to have Pennzoil Performance+ Racing Oil as the Official Lubricant of the 2024 NTT INDYCAR SERIES and to help showcase the advancements in technology and performance of motor oil made with a re-refined base oil,” said Bree Sandlin, vice president, Shell Lubricants Marketing North America. “INDYCAR is a premier testing ground to prove the reliability and durability of our lubricant technologies for use in demanding road conditions.”
The use of RRBO in Pennzoil Performance+ Racing Oil conserves non-renewable resources by reducing its use of base oils made from primary fossil material. The re-refined base oil component used reduces greenhouse gas emissions by 50%[3] compared to the base oil used in the Pennzoil products formulated for the 2023 NTT INDYCAR SERIES.
When combining RRBO with our premium additives, Pennzoil Performance+ Racing Oil delivers a 15% reduction in greenhouse gas emissions1 compared to the Pennzoil products formulated for the 2023 racing season.
“Pennzoil Performance+ Racing Oil has been rigorously tested and approved by INDYCAR, Chevrolet and Honda to meet the high-performance requirements for racing without compromise to performance,” said Bassem Kheireddin, Shell Motorsports technology manager.
“The addition of Pennzoil Performance+ Racing Oil using re-refined base oil is another significant milestone as we continue to move toward a more sustainable future for the NTT INDYCAR SERIES and the motorsports industry,” Penske Entertainment Corp. President and CEO Mark Miles said.
Re-refined base oil (RRBO)
The re-refined base oil (RRBO) used in Pennzoil Performance+ Racing Oil is created from used lubricants that undergo advanced re-refining processes, resulting in high-quality base oil that can be used as a component to formulate new lubricant products. Generally, when oil has reached the end of its ‘useful’ life and has been drained from a vehicle or equipment, re-refining can remove depleted additives and contaminants that accumulate in motor oil during use.
[1] For the purpose of claims related to Pennzoil Performance+ Racing Oil, references to “less/reduced greenhouse gas emissions” or “reduced carbon footprint” are limited to “Cradle-to-Gate” emissions attributed to this Pennzoil product compared to the Pennzoil products formulated for the 2023 NTT INDYCAR SERIES “Cradle-to-Gate” means the life cycle stages of a product from raw materials through the production process. For the avoidance of doubt, “Cradle-to-Gate” excludes emissions associated with distribution, a customer’s use and end-of-life of the Pennzoil Performance+ Racing Oil. Biogenic credit has been applied to “Cradle-to-Gate” estimation, meaning the CO2 that has been removed from the atmosphere during the growth phase of bio-material in the product has been accounted for as a credit. Biogenic CO2 removals can be due to actual and mass balanced attributed content, meaning that part of the biogenic content can be assigned via an accounting approach, rather than be physically present. “Cradle-to-Gate” emissions may be subject to change as a result of changes in the product specifications, changes in emission factors, or otherwise.
[2] Pennzoil Performance+ Racing Oil is a high-performance motor oil for use in racing engines, containing Pennzoil 0W formulations specifically engineered for the 2024 NTT INDYCAR SERIES. The “plus” (+) symbol in Pennzoil Performance+ Racing Oil denotes the inclusion of re-refined base oil in the formulation. For the avoidance of doubt, Pennzoil Performance+ Racing Oil is not formulated for use in consumer vehicles.
[3] For the purpose of claims related to the re-refined base oil component used in the formulation of Pennzoil Performance+ Racing Oil™, references to “reduced greenhouse gas emissions” refer to “Cradle-to-Refinery Gate” emissions of the re-refined base oil component only attributed to this Pennzoil product. “Cradle-to-Refinery-Gate” includes raw materials and production of the base oil only and for the avoidance of doubt, this excludes emissions associated with other raw materials, production, distribution, a customer’s use and end- of- life of the Pennzoil Performance+ Racing Oil™. The carbon intensity associated with re-refined base oil is calculated based on primary activity data from the producer following industry best practice guidance, including API Technical Report 1533 (Lubricants Life Cycle Assessment and Carbon Footprinting—Methodology and Best Practice). This Technical Report, published by the American Petroleum Institute, defines terminology and identifies and captures industry practices. “Cradle-to-Refinery Gate” emissions may be subject to change as a result of changes in the product specifications, changes in emission factors, or otherwise.
