MOTOROLA EXTENDS CONTRACT WITH PACWEST RACING GROUP New contract continues successful partnership Schaumburg. IL - 22 August 1999 - Motorola (NYSE:MOT), a global leader in providing integrated communications and embedded electronic ...
MOTOROLA EXTENDS CONTRACT WITH PACWEST RACING GROUP New contract continues successful partnership
Schaumburg. IL - 22 August 1999 - Motorola (NYSE:MOT), a global leader in providing integrated communications and embedded electronic solutions, announced today that the company is renewing its contract with the PacWest Racing Group LLC and will remain as title sponsor for the current race car running in the CART (Chamnpionship Auto Racing Teams, Inc.) FedEx Championship Series. Motorola and PacWest have been affiliated in the racing program since 1997 and this contract continues that partnership for the next two racing seasons, with an additional option year. PacWest simultaneously announced the extension of its contract with three-time race winner Mark Blundell who has driven the Motorola car since 1997. The announcements were made at the inaugural Target Grand Prix in Chicago.
"We are excited about the continuation of our partnership with the PacWest Team, and that Mark will remain in the cockpit for Motorola," said Bob Schaul, Corporate Vice president of Motorola's Integrated Electronic Systems Sector, "PacWest has proven to be a successful race team and this sponsorship is popular with all of Motorola's customers, suppliers and employees."
"We're very pleased to share our vision of the future with Motorola," remarked PacWest president Bruce R. McCaw. "Motorola has been a cornerstone of our organization and we look forward to continuing our relationship. Combined with the remarkable talent of Mark and our strong technical alliances, I believe we are well-positioned to achieve great results in the new millenium."
"This sponsorship is perfectly suited for Motorola," continued Schaul. "The harsh racing environinent provides an excellent opportunity for us to showcase our smart, rugged automotive electronics." Motorola's embedded electronics, ranging from microprocessors to engine control systems, are found in most of the racing cars on the series, as well as most consumer vehicles. Motorola is also the official communications sponsor to the series, providing critical two-way communications between drivers, their teams and key race support staff.
"It's fantastic to be back with Motorola," commented Mark Blundell, driver of the #18 Motorola Champ Car. "We've won races together and I'm looking forward to winning more. I've developed great relationships with so many people across the organization that it makes it all-the-more rewarding to represent them in the sporting community. With PacWest and Motorola together for 2000, it will allow us to carry a consistent package fonward to a championship."