Circuit of the Americas

PenFed Credit Union Joins Porsche Carrera Cup North America as Presenting Partner

Retrieved on: 
Thursday, March 28, 2024

TYSONS, Va., March 28, 2024 /PRNewswire/ -- PenFed Credit Union, America's second-largest federal credit union, today announced it joined with the Porsche Carrera Cup North America to become the presenting partner of the final two races in the 2024 championship. PenFed will join the championship for the penultimate round at Road Atlanta for the Petit Le Mans weekend and the season finale at the Circuit of the Americas for the US Grand Prix.

Key Points: 
  • TYSONS, Va., March 28, 2024 /PRNewswire/ -- PenFed Credit Union , America's second-largest federal credit union, today announced it joined with the Porsche Carrera Cup North America to become the presenting partner of the final two races in the 2024 championship.
  • There is no better racing experience in the world than Porsche Carrera Cup North America," said PenFed Credit Union President/CEO James Schenck.
  • PenFed first became involved in Porsche Carrera Cup North America last year as a sponsor for Sabré Cook's No.
  • "We're thrilled to welcome PenFed to the Porsche Carrera Cup North America championship," said President and CEO of Porsche Motorsport North America Volker Holzmeyer.

GOTRAX to Sponsor Daniil Kvyat in NASCAR Xfinity Race at COTA

Retrieved on: 
Tuesday, March 19, 2024

AUSTIN, Texas, March 19, 2024 /PRNewswire/ -- GOTRAX, a leader in the industry for personal electric vehicles, is excited to announce its partnership with Daniil Kvyat for the upcoming NASCAR Xfinity series race at Circuit of the Americas. Having dedicated themselves to changing the game in transportation since their launch in 2017, the team at GOTRAX is excited for the opportunity to introduce electric rides to a whole new audience of adventure-seeking riders.

Key Points: 
  • The electric bike and scooter company hopes the partnership will introduce NASCAR fans to the excitement of a personal electric ride.
  • AUSTIN, Texas, March 19, 2024 /PRNewswire/ -- GOTRAX, a leader in the industry for personal electric vehicles, is excited to announce its partnership with Daniil Kvyat for the upcoming NASCAR Xfinity series race at Circuit of the Americas.
  • The company recommends its high-performance and off-road models for NASCAR fans looking to give an electric ride a try.
  • Since 2017, the Dallas-based company has been producing innovative electric rideables, specializing in solutions for daily commuting and transportation.

PenFed Credit Union Announces Continued Partnership with Porsche Carrera Cup Series Driver Sabré Cook for the 2024 Season

Retrieved on: 
Tuesday, March 12, 2024

TYSONS, Va., March 12, 2024 /PRNewswire/ -- PenFed Credit Union, the nation's second-largest federal credit union, announced today it will continue to support professional race car driver Sabré Cook as a Gold Level Partner for the 2024 Porsche Carrera North America Cup Series. As part of this partnership, PenFed Credit Union will continue as the Official Credit Union of Sabré Cook Racing and the #37 Porsche Carrera 911 GT3 Cup Car.

Key Points: 
  • TYSONS, Va., March 12, 2024 /PRNewswire/ -- PenFed Credit Union , the nation's second-largest federal credit union, announced today it will continue to support professional race car driver Sabré Cook as a Gold Level Partner for the 2024 Porsche Carrera North America Cup Series.
  • As part of this partnership, PenFed Credit Union will continue as the Official Credit Union of Sabré Cook Racing and the #37 Porsche Carrera 911 GT3 Cup Car.
  • "PenFed thrives in partnering with the best," said PenFed Credit Union President/CEO James Schenck.
  • Cook is one of the top racing drivers and made history last season as the first female driver to race in the Porsche Carrera series.

Focused Health Partners with Speedway Motorsports as Entitlement Sponsor of Two NASCAR Xfinity Series Races in 2024

Retrieved on: 
Friday, January 26, 2024

The Focused Health 250 will take place on Saturday, March 23 during the NASCAR at COTA race weekend, airing live at 5 p.m.

Key Points: 
  • The Focused Health 250 will take place on Saturday, March 23 during the NASCAR at COTA race weekend, airing live at 5 p.m.
  • "Focused Health™ is excited to be an entitlement sponsor with Speedway Motorsports at two Xfinity races in 2024, each with a three-year agreement," said Holt, Co-Founder and CEO of Focused Health.
  • "This partnership provides Focused Health with a platform to educate NASCAR fans about affordable government-supported health insurance programs and healthcare options."
  • In addition to the Speedway Motorsports race entitlements, Focused Health will also market its brand for 20 races as a primary sponsor of Zane Smith's No.

Chili's Announces Partnership with Spire Motorsports for 2024 Race Season

Retrieved on: 
Tuesday, January 23, 2024

DALLAS, Jan. 23, 2024 /PRNewswire/ -- Chili's® Grill & Bar is off to the races in its new partnership with Spire Motorsports for the upcoming 2024 NASCAR Cup Series race season. Chili's will be the primary sponsor of Spire's No. 7 Chevrolet Camaro ZL1 driven by Corey LaJoie, at the Daytona 500 on February 18.

Key Points: 
  • 7 Chevy, driven by Corey LaJoie at Daytona
    DALLAS, Jan. 23, 2024 /PRNewswire/ -- Chili's® Grill & Bar is off to the races in its new partnership with Spire Motorsports for the upcoming 2024 NASCAR Cup Series race season.
  • "We strive to partner with brands that want to embrace the spirit of motorsports and share our love for pushing the limits both on and off the track," said Jeff Dickerson, Spire Motorsports co-owner.
  • Last season was a career year for LaJoie with two top-five and three top-10 finishes in NASCAR's premier division.
  • More information about Chili's sponsorship at the Great American Race and the car design reveal will be announced closer to the race, but for more information about Spire Motorsports, please visit spire-motorsports.com .

Circuit of The Americas Celebrates the Season of Giving

Retrieved on: 
Friday, December 8, 2023

AUSTIN, Texas, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Peppermint Parkway is bringing the season of giving to life at Circuit of The Americas (COTA).

Key Points: 
  • AUSTIN, Texas, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Peppermint Parkway is bringing the season of giving to life at Circuit of The Americas (COTA).
  • COTA is hosting select nights of Peppermint Parkway dedicated to nearby Del Valle residents, the d/Deaf and Hard-of-Hearing Community, military members, and more.
  • On Dec. 9, Austin Angels comes to COTA for a Family Night at Peppermint Parkway.
  • Visit Peppermint Parkway and help COTA spread holiday cheer throughout Central Texas this season!

Electrify Expo Goes Big In Austin With Record EV Debuts and More Than 20,000 Demo Rides

Retrieved on: 
Wednesday, November 15, 2023

From the leading automotive brands to innovators in electric mobility, attendees got to experience a full weekend of exciting demo drives, brand interactions, breaking news and educational conversations.

Key Points: 
  • From the leading automotive brands to innovators in electric mobility, attendees got to experience a full weekend of exciting demo drives, brand interactions, breaking news and educational conversations.
  • “The popularity of EVs in Austin has shot through the roof,” said BJ Birtwell, founder and CEO of Electrify Expo.
  • “Attendees got to experience EVs in real, meaningful ways on multiple demo courses, including the famed F1 race track.
  • For the first time, Industry Day included automotive and micromobility press conference tours where multiple announcements were made from leading brands, including;

Tradable Bits Recognized as Power Player by Sports Business Journal

Retrieved on: 
Wednesday, November 15, 2023

VANCOUVER, British Columbia, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Tradable Bits, a leading provider of fan engagement, data, and marketing solutions for the global sports, music, and entertainment industries, has been recognized by the Sports Business Journal as a Power Player in Fan Experience Technology, the company announced today. This honour underscores Tradable Bits’ dedication to its partners that span the world of sports and entertainment, including teams in the NFL, NBA, NHL, MLB, MLS, CFL, as well as Maple Leaf Sports and Entertainment, Canadian Premier League, Legends, Nascar, Circuit of the Americas, and more.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Tradable Bits , a leading provider of fan engagement, data, and marketing solutions for the global sports, music, and entertainment industries, has been recognized by the Sports Business Journal as a Power Player in Fan Experience Technology , the company announced today.
  • Tradable Bits launched several innovations in the past year that led to the honour by Sports Business Journal, including:
    ARCADE: Tradable Bits’ customizable arcade-style games offer interactive ways for fans to interact with teams, even when they’re not actively watching a game.
  • From interactive wayfinding Infotowers to seamless integration with teams’ POS systems, Tradable Bits delivers actionable links and opportunities to fans on-site.
  • Tradable Bits also works closely with Can Export, a program from the Canadian Trade Commissioner Service to provide funding for exporters, innovators, associations and communities.

Velocity Capital Management Acquires Parella Motorsports Holdings, the Largest Grassroots Motorsports Racing Platform in North America

Retrieved on: 
Wednesday, December 6, 2023

Velocity Capital Management (“Velocity”), a private equity firm specializing in value-add investing in high growth companies across the sports, media, and entertainment ecosystem, today announced that its Velocity Opportunity Fund has acquired Parella Motorsports Holdings, the largest owner and operator of grassroots motorsports live events racing classifications across the U.S. and Canada.

Key Points: 
  • Velocity Capital Management (“Velocity”), a private equity firm specializing in value-add investing in high growth companies across the sports, media, and entertainment ecosystem, today announced that its Velocity Opportunity Fund has acquired Parella Motorsports Holdings, the largest owner and operator of grassroots motorsports live events racing classifications across the U.S. and Canada.
  • “After achieving accelerated growth over the past 12 years, I have been seeking the right partner to help me realize my vision for Parella Motorsports and I am thrilled to be collaborating with the Velocity team,” said Tony Parella, Chief Executive Officer of Parella Motorsports Holdings.
  • David Abrams, Co-Founder and Managing Partner of Velocity, said, “We welcome Tony and the entire Parella team to our family.
  • We have assembled an incredible group that will work with management and Velocity to execute our growth initiatives.

Nationwide Electrify Expo Tour - Starring Award-winning Mitsubishi Outlander Plug-in Hybrid - Concludes in Austin, Texas, Nov. 10-12

Retrieved on: 
Tuesday, November 7, 2023

"The Mitsubishi Outlander Plug-in Hybrid has been wildly popular, both on the test track at each Electrify Expo stop across the country this year, and in our dealer partners' showrooms," said Mark Chaffin, Mitsubishi Motors North America (MMNA) President and CEO.

Key Points: 
  • "The Mitsubishi Outlander Plug-in Hybrid has been wildly popular, both on the test track at each Electrify Expo stop across the country this year, and in our dealer partners' showrooms," said Mark Chaffin, Mitsubishi Motors North America (MMNA) President and CEO.
  • "The Outlander Plug-in Hybrid is a logical first step for many consumers motivated by environmental awareness and looking to make a switch to electrified transportation.
  • It's especially well-suited to those who may not be ready to go all-in on battery-only power.
  • Mitsubishi Motors' seven-passenger flagship model is the best-equipped, most connected vehicle the brand has ever sold in the U.S.