INDIANAPOLIS MOTOR SPEEDWAY (WTHR) — The Indianapolis Motor Speedway made a major announcement about the future of the Indianapolis 500 on Thursday.
The race is getting a presenting sponsor thanks to Gainbridge.
The online financial services platform signed a multiyear agreement.
The announcement featured Indiana Governor Eric Holcomb, Hulman & Company President & CEO Mark Miles, Group1001 President & CEO Dan Towriss and IMS President J. Douglas Boles.
“We welcome Gainbridge to this new partnership with ‘The Greatest Spectacle in Racing,’” Miles said. “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 bright, dynamic future. It’s a perfect fit.”
“In investing, like in racing, anything can happen. The key is to stay calm and have a strategy in place to hedge for the unexpected. The amazing parallels between Gainbridge’s philosophy and racing make our Indy 500 partnership that much more meaningful,” said Towriss, CEO of Group1001, Gainbridge’s parent company.
Gainbridge provides straightforward access to tax-deferred accumulation and income products.
The 103rd Indianapolis 500 presented by Gainbridge is scheduled for Sunday, May 26 and you can watch it on WTHR Channel 13.
The Grand Prix and Indy 500 are just two of the races that will air on NBC with even more on NBCSN.
Here's the full schedule of races you can see:
