Hitachi Astemo Continues INDYCAR Partnership with Team Penske and Chevrolet

Josef Newgarden took a second consecutive Indy 500 checkered flag in 2024

FARMINGTON HILLS, Mich., Feb. 17, 2025 /PRNewswire/ -- Hitachi Astemo (Astemo), a leading automotive industry supplier, continues its NTT INDYCAR SERIES partnership with Team Penske for a 14^th consecutive year in 2025 as a sponsor of the No. 2 Dallara/Chevrolet driven by Josef Newgarden.

A two-time series champion, Newgarden last year became the first driver in more than 20 years to score back-to-back Indianapolis 500 wins, while also giving Team Penske a record 20^th Indy 500 victory.

Astemo supplies fuel-system components for all of the 2.2-liter twin-turbocharged Chevrolet race engines in the series, last year helping Chevrolet win its ninth NTT INDYCAR SERIES Manufacturing Championship since returning to INDYCAR competition in 2012.  

"Winning is all about teamwork," said Team Penske President Tim Cindric. "Josef Newgarden and this No. 2 Hitachi Astemo Chevrolet team are proven winners, yet we still have plenty to prove going into the 2025 season."

Originally from Hendersonville, Tenn., the 33-year-old Newgarden is the most successful driver in the NTT INDYCAR SERIES. He completed the 2024 season with more than 30 career INDYCAR victories. In addition to being the back-to-back winner of the 2023 and 2024 Indianapolis 500, he also is the 2017 and 2019 INDYCAR SERIES champion and the 2011 Indy Lights champion.

"We're looking forward to another record-setting partnership year with Chevrolet and Team Penske," said Rob Sharpe, senior vice president of sales and marketing at Hitachi Astemo Americas. "With Josef Newgarden in command of the No. 2 Astemo Chevrolet the outlook for 2025 is a bright one."

Sharpe added that the appearance of the No. 2 Penske Chevrolet will undergo a major change for the upcoming season. The primary body color will switch from black to bright red and the Astemo name will appear on the sides and rear wing of the car.

Team Penske and Astemo late last year announced the extension of their winning partnership for the 2025 NTT INDYCAR SERIES season and beyond.

2025 NTT INDYCAR SERIES -- Astemo Primary Sponsored Races*

More info on Astemo's motorsports programs is available at: https://www.hitachiastemo.com/en/motorsports/sponsorship/indy.html

Josef Newgarden and the 2025 INDYCAR season are previewed in this short FOX video: Fox 2025 INDYCAR Preview

About Hitachi Astemo, Ltd.
Hitachi Astemo, headquartered in Tokyo, Japan, is a joint venture between Hitachi, Ltd., Honda Motor Co., and JIC Capital, Ltd. With 80,000 employees worldwide and operations in Americas, Asia, China, Europe and Japan, the company is a global mega-supplier in the automotive industry. The Electric Business Division, Chassis & ICE Business Division, and Motorcycle Business Division are engaged in the development, manufacture, sales, and service of automotive parts as well as transportation and industrial machinery and systems. Hitachi Astemo is committed to creating a sustainable society and delivering enhanced corporate value. For more information, visit: www.hitachiastemo.com 

About Hitachi Astemo Americas, Inc.
Hitachi Astemo Americas, Inc. manufactures and markets engine management, electric powertrain and integrated vehicle controls for major automotive manufacturers worldwide, adhering to ISO/TS:16949:2009 industry standards. Additional information about Hitachi Astemo Americas is available at https://am.hitachiastemo.com/.

About Team Penske
Team Penske is one of the most successful teams in the history of professional sports. Cars owned and prepared by Team Penske have produced more than 640 major race wins, over 690 pole positions and 47 championships across open-wheel, stock car and sports car competition. Over the course of its 58-year 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.

Team Penske competed last year in the NTT INDYCAR SERIES and NASCAR Cup Series. Through a Team Penske global partnership, Porsche Penske Motorsport also raced in the IMSA WeatherTech SportsCar Championship and the World Endurance Championship. For more information about Team Penske, please visit www.teampenske.com.

SOURCE Hitachi Astemo, Ltd.