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Indianapolis 500 announces new Presenting Sponsor on multi-year deal

IndyCar has announced Gainbridge will be the new presenting sponsor of the Indianapolis 500, the online annuity and life insurance agency signing a multi-year deal with the Indianapolis Motor Speedway. The value of the deal is said to be an increase on the circa $1.5 million annual amount paid by outgoing sponsor PennGrade Motor Oil. 'We welcome Gainbridge to this new partnership,' said Mike Miles, President and CEO of IndyCar's parent organisation Hulman & Company. 'Gainbridge offers a bold, new way to steady growth, and we’re honored that the platform is being launched through this association with the Indianapolis 500 – an exciting global event with a rich history and a...
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