MARKET WIRE NEWS

PPG livery to return for nine races during Team Penske's 60th anniversary season

MWN-AI** Summary

PPG (NYSE: PPG) and Team Penske have announced the return of the iconic PPG livery for nine major races this season, coinciding with the team's 60th anniversary. This milestone year will see an expanded driver lineup featuring prominent racers such as Josef Newgarden, Scott McLaughlin, and Austin Cindric from Team Penske, alongside Josh Berry representing PPG with Wood Brothers Racing.

Newgarden, a two-time INDYCAR series champion and back-to-back Indianapolis 500 winner, will pilot the No. 2 PPG Chevrolet during five INDYCAR events, including the Java House Grand Prix on March 15 and the Streets of Markham on August 16. Scott McLaughlin will take on the PPG colors in the No. 3 Chevrolet for two key races, the Freedom 250 Grand Prix on August 23 and the Milwaukee Mile Race 2 on August 30.

In the NASCAR Cup Series, Cindric will drive the No. 2 PPG Ford Mustang Dark Horse at the AdventHealth 400 on April 19, while Berry will return to the Brickyard 400 in the No. 21 PPG Ford Mustang Dark Horse on July 26.

Echoing the sentiment of the drivers, McLaughlin expressed excitement about representing PPG again, noting the livery's popularity among fans. Bill Shaw, PPG's global business director, emphasized the special nature of this partnership as they mark 39 years together in motorsports, showcasing vibrant colors at some of the sport’s most iconic venues.

PPG also continues to serve as an associate partner across various Team Penske's INDYCAR and NASCAR programs, reinforcing one of the longest-standing relationships in motor racing history. Recognized as one of the most successful teams in professional sports, Team Penske has amassed over 650 major race wins since its inception in 1966.

MWN-AI** Analysis

As PPG (NYSE: PPG) partners with Team Penske to celebrate the team's 60th anniversary, investors should consider several key indicators when evaluating PPG's market potential. The return of the iconic PPG livery across nine major races in both the NTT INDYCAR SERIES and NASCAR Cup Series signals a strategic move that enhances brand visibility and reinforces PPG's long-standing commitment to motorsport excellence.

1. **Brand Amplification**: The vibrant PPG colors paired with an expanded lineup of notable drivers—including two-time INDYCAR champion Josef Newgarden—enhances PPG's brand reach. Successful outings by these drivers can create positive associations and foster brand loyalty, particularly in key demographics that follow motorsports.

2. **Historical Significance**: Team Penske's impressive history of over 650 wins and multiple championships positions PPG favorably as an associate partner within a sport-rich alliance. Investors may find value in PPG's longstanding partnership with Team Penske, highlighting their established brand reputation and commitment to innovation over decades.

3. **Market Footprint Expansion**: PPG's continued presence across significant events like the Indianapolis 500 and with prominent drivers like Austin Cindric and Josh Berry indicates a strategic expansion in visibility within the automotive and consumer market segments. This visibility can translate into higher sales growth and market share.

4. **Growth in Revenue**: With reported net sales of $15.9 billion in 2025, PPG has shown resilience and capability to adapt to market changes. Investing in the company's ongoing relationship with premier motorsports aligns with trends in consumer engagement through experiential marketing.

5. **Considering Risks**: While the synergy with Team Penske presents opportunities, investors should be mindful of the volatile nature of automotive markets and economic fluctuations that could affect both motorsports and PPG's core business.

In conclusion, PPG's strategic partnership with Team Penske and its profound engagement in motorsport can enhance brand equity and contribute positively to its market performance. Investors should keep an eye on upcoming races and their impact on PPG's brand recognition and sales dynamics.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Iconic color scheme will feature expanded driver lineup during milestone year

PPG (NYSE: PPG) and Team Penske today announced that the iconic PPG livery will return for nine major races across the NTT® INDYCAR® SERIES and NASCAR® Cup Series as Team Penske celebrates its 60th anniversary. The PPG colors will be showcased with an expanded lineup of drivers from Team Penske, including Josef Newgarden, Scott McLaughlin and Austin Cindric. In addition, Josh Berry will represent PPG with Wood Brothers Racing, which maintains a technical alliance with Team Penske.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310606557/en/

Josh Berry, driving the No. 21 PPG Ford Mustang Dark Horse for Wood Brothers Racing at the 2025 Brickyard 400, is set to return to the iconic race in 2026.

Back-to-back Indianapolis 500 Champion and two-time INDYCAR SERIES Champion Newgarden will pilot the No. 2 PPG Chevrolet in five INDYCAR events:

  • Java House Grand Prix of Arlington on March 15 at Arlington, Texas
  • Children’s of Alabama Indy Grand Prix on March 29 at Birmingham, Ala.
  • XPEL Grand Prix at Road America on June 21 at Elkhart Lake, Wis.
  • Honda Indy 200 at Mid-Ohio on July 5 at Lexington, Ohio
  • Streets of Markham on Aug. 16 at Markham, Ontario, Canada

McLaughlin will return to the PPG colors in the No. 3 Chevrolet for two INDYCAR events: the Freedom 250 Grand Prix of Washington, D.C. on Aug. 23 and the Milwaukee Mile Race 2 on Aug. 30 at West Allis, Wis. In the NASCAR Cup Series, Cindric will drive the No. 2 PPG Ford Mustang Dark Horse at the AdventHealth 400 on April 19 at Kansas City, Kan., while Berry will race the No. 21 PPG Ford Mustang Dark Horse at the Brickyard 400, presented by PPG on July 26 at Indianapolis.

“It’s awesome to be back in the PPG car,” said McLaughlin. “I first drove this livery in 2021 when we introduced the updated design, and it quickly became a fan favorite. Driving it again during Team Penske’s 60th anniversary season makes it even more special, and I can’t wait to represent PPG at both Washington, D.C. and Milwaukee.”

“We’re thrilled to be part of Team Penske’s milestone season and to see our colors on multiple cars and drivers,” said Bill Shaw, PPG global business director, strategic initiatives, Automotive Refinish. “This expanded lineup reflects the strength of our decades-long partnership and showcases PPG’s vibrant colors on some of the most iconic tracks in motorsports.”

PPG will also continue as an associate partner across Team Penske’s INDYCAR and NASCAR programs, reinforcing a relationship that began in 1984 and is one of the longest-standing partnerships in motorsports. In the INDYCAR Series, PPG will be featured on the No. 12 Chevrolet driven by David Malukas, who joins the team for the 2026 season. In the NASCAR Cup Series, PPG will appear on the No. 12 Ford Mustang Dark Horse, driven by 2023 NASCAR Cup Series champion Ryan Blaney, and the No. 22 Ford Mustang Dark Horse, driven by three-time NASCAR Cup Series champion Joey Logano.

About Team Penske

Team Penske is one of the most successful teams in the history of professional sports and is celebrating its 60th Anniversary during the 2026 season. From its first race in the 1966 24 Hours of Daytona, cars owned and prepared by Team Penske have produced more than 650 major race wins, over 700 pole positions and 48 National Championships across open-wheel, stock car and sports car racing competition. In its storied history, the team has also earned 20 Indianapolis 500 victories, three Daytona 500 Championships, a Formula 1 win, victories in the 24 Hours of Daytona and the 12 Hours of Sebring, along with a win in Australia's legendary Bathurst 1000 race. More than 100 drivers have raced for Team Penske in its six decades. The team currently competes in the NASCAR Cup Series and NTT INDYCAR Series, as well as IMSA WeatherTech SportsCar Championship through its global partnership, Porsche Penske Motorsport. For more information about Team Penske, please visit www.teampenske.com .

About Wood Brothers Racing

Founded in 1950 by Hall of Famer Glenn Wood in Stuart, Virginia, Wood Brothers Racing holds a special place in NASCAR history as the sport’s longest-running team. Over eight decades, the team has earned 101 victories in the NASCAR Cup Series, along with 120 poles, and remains proud of its longstanding relationship with Ford Motor Company, fielding only Ford products since its inception. Glenn’s brother, Leonard Wood, played a key role in shaping modern racing by developing the techniques behind today’s pit stops. With a rich legacy rooted in innovation and tradition, Wood Brothers Racing continues to honor its heritage while adapting for the future as it competes in the NASCAR Cup Series with Josh Berry.

PPG: WE PROTECT AND BEAUTIFY THE WORLD®

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty products that our customers have trusted for more than 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 50 countries and reported net sales of $15.9 billion in 2025. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com .

The PPG logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
NASCAR is a registered trademark of the National Association for Stock Car Auto Racing, LLC.
INDYCAR is a registered trademark of Brickyard Trademarks, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310606557/en/

Media Contacts:
Samantha Allen, PPG
+1 440 334 3164
samantha.allen@ppg.com

Tina Strader, Team Penske
tina.strader@teampenske.com
+1 678 523 5857

Taylor Smith, Wood Brothers Racing
taylor@woodbrothersracing.com
+1 704 213 9868

FAQ**

How might the return of the iconic PPG livery in Team Penske's 60th season impact the company's brand visibility, considering any similarities to past collaborations like with WeWork Inc. Class A WE?

The return of the iconic PPG livery in Team Penske's 60th season could significantly enhance brand visibility, reminiscent of successful past collaborations like with WeWork Inc., as it taps into nostalgia while leveraging the platform's wide audience reach in motorsports.

Given PPG's longstanding partnership with Team Penske, could increased exposure in motorsports lead to a rise in PPG's stock, similar to trends seen with WeWork Inc. Class A WE after promotional campaigns?

Increased exposure in motorsports through PPG's partnership with Team Penske could potentially enhance brand visibility and investor interest, possibly leading to a rise in PPG's stock, akin to the positive impact promotional campaigns had on WeWork Inc. Class A.

What strategies does PPG plan to implement following the expanded driver lineup's debut, and how will they measure success compared to prior ventures involving WeWork Inc. Class A WE?

PPG plans to implement targeted marketing initiatives and enhanced customer engagement strategies following the expanded driver lineup's debut, measuring success through increased sales metrics and customer satisfaction scores, contrasting with the prior WeWork venture’s focus on occupancy rates and valuation growth.

Considering the racing events where PPG will be featured, how might this affect their market positioning in the automotive sector, possibly in light of investor responses similar to those regarding WeWork Inc. Class A WE?

PPG's participation in racing events could enhance its brand visibility and market positioning in the automotive sector, potentially drawing positive investor sentiment if perceived as a strong strategy, though caution is warranted given past investor reactions to volatile companies like WeWork.

**MWN-AI FAQ is based on asking OpenAI questions about PPG Industries Inc. (NYSE: PPG).

PPG Industries Inc.

NASDAQ: PPG

PPG Trading

2.81% G/L:

$107.84 Last:

1,147,542 Volume:

$108.96 Open:

mwn-alerts Ad 300

PPG Latest News

PPG Stock Data

$28,961,961,600
222,156,000
0.02%
501
N/A
Chemicals
Materials
US
Pittsburgh

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App