7-Eleven renews sponsorship with Kanaan for 2004 FORT WORTH, Texas, Sunday Oct. 12, 2003 -- Convenience retailer 7-Eleven renewed its sponsorship agreement with Andretti Green Racing Oct. 12 to serve as the primary sponsor of driver Tony...
7-Eleven renews sponsorship with Kanaan for 2004
FORT WORTH, Texas, Sunday Oct. 12, 2003 -- Convenience retailer 7-Eleven renewed its sponsorship agreement with Andretti Green Racing Oct. 12 to serve as the primary sponsor of driver Tony Kanaan's No. 11 Team 7-Eleven IndyCar^ Series entry for 2004, officials with 7-Eleven Inc. (NYSE: SE) and AGR announced.
7-Eleven was the primary sponsor for Kanaan this season, as well as for team owner Michael Andretti, who drove in the first four races of the 2003 IndyCar Series season before retiring after the Indianapolis 500 in May.
Kanaan, who is third in the IndyCar Series point standings, carried the Team 7-Eleven livery to one win, nine top-five and 12 top-10 finishes during the first 15 events of 2003, while amassing 460 series points leading up to the season-ending Chevy 500 at Texas Motor Speedway.
"We had a great inaugural season with Michael, Tony, Team 7-Eleven and Andretti Green Racing," said Nancy Smith, vice president for 7-Eleven Inc. "On behalf of 7-Eleven employees across the country, we're proud to continue as the title sponsor of Team 7-Eleven and be part of this great American racing tradition. We look forward to a fast start and a strong finish for 2004."
Andretti, who owns the team with partners Kim Green and Kevin Savoree, said he is excited about the opportunity to build on what the team accomplished with 7-Eleven in 2003, which marked its first year of competition.
"We want to be a competitive force in the Indy Racing League for a long time, and to do that, you need continuity in your program," Andretti said. "The support and endorsement we're getting from 7-Eleven through this agreement plays a big role in that. 7-Eleven was a great partner for my racing season finale in 2003, and we look forward to having them on board for my first year as a full-time team owner."
Kanaan, who is completing his first year in the IndyCar Series and sixth year of open-wheel racing overall, echoed Andretti's sentiments.
"We're a new team, but we're building something here," Kanaan said. "We feel like we've accomplished quite a bit this season, but we've got a lot more to do. We need strong, supportive partners like 7-Eleven to reach our goals. The 2004 season promises to be an exciting one, both on the track and in the great promotions 7-Eleven is planning."
7-Eleven Inc. is the premier name and largest chain in the convenience retailing industry. Headquartered in Dallas, 7-Eleven Inc. operates or franchises approximately 5,800 7-Eleven stores in the United States and Canada and licenses more than 19,200 7-Eleven stores in 17 other countries and territories throughout the world. During 2002, 7-Eleven stores worldwide generated total sales of more than $33 billion.