Penske Racing Teams Up with ADP, Inc.
November 30, 2011
ROSELAND, N.J. and MOORESVILLE, N.C. (November 30, 2011) - ADP®, a leading provider of human resource outsourcing, payroll services, benefits administration and integrated computing solutions for vehicle dealers, today announced it has teamed up with Penske Racing to become an official sponsor of that winning organization.
One of the world's largest providers of business outsourcing solutions, ADP will become the official payroll service of Penske Racing under the terms of the new agreement.
"ADP is an industry-leading company that brings over 60 years of experience in creating effective business solutions," said Roger Penske. "We are pleased to have them join the Penske Racing family and we look forward to working with them and developing this relationship for the future."
With over half a million clients across the globe, ADP plans to take full advantage of its new partnership with Penske Racing to entertain its customers at both NASCAR Cup Series and Nationwide Series, as well as IZOD IndyCar Series, events beginning next season.
"We want to thank Roger Penske and everyone at Penske Racing for the opportunity to partner with their organization," said Carlos Rodriguez, President and CEO of ADP. "ADP is excited to work with Penske Racing and to explore new business opportunities within the Penske organization as well as with their other premiere racing partners."
Automatic Data Processing, Inc. (NASDAQ: ADP), with about $10 billion in revenues and approximately 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at www.ADP.com.
About Penske Racing
Penske Racing is one of the most successful teams in the history of professional sports. Competing in a variety of disciplines, cars owned and prepared by Penske Racing have produced 350 major race wins - including a record 15 Indianapolis 500 victories, 412 pole positions and 23 National Championships. For more information about Penske Racing, please visit www.penskeracing.com.