Verizon Wireless To Partner With Penske Racing NASCAR Team

January 19, 2009

MOORESVILLE, N.C. (January 19, 2009) - Penske Racing announced today that it will team with Verizon Wireless to field a full-season entry in the 2009 NASCAR Nationwide Series. The No. 12 Verizon Wireless Dodge Charger will be driven by young standout Justin Allgaier, the 2008 ARCA RE/MAX Series champion. Allgaier made four Nationwide Series starts for Penske Racing in 2008 after joining the team in late September. The 22-year-old driver from Riverton, Illinois is looking to lead the team to a breakout season, beginning next month in Daytona.

Penske Racing will also continue its participation in the NASCAR Cup Series with the No. 12 Penske Dodge Charger driven by David Stremme. He will be joined by teammates Kurt Busch in the No. 2 Miller Lite Dodge Charger and Sam Hornish Jr., driving the No. 77 Mobil 1 Dodge Charger in the three-car effort. Stremme, the 2003 Nationwide Series Rookie of the Year, also promises to be extremely competitive in the coming season in Cup Series competition. The No. 12 Cup Series team also retains Roy McCauley as its crew chief. The No. 12 Penske Dodge Charger will debut a new paint scheme in 2009, beginning with the Budweiser Shootout on Saturday, February 7.

"Penske Racing enjoyed a productive, winning relationship with Alltel over the last decade," said Roger Penske, Chairman of Penske Racing. "We look forward to building on that solid foundation and in sharing many future successes with our new partner, Verizon Wireless."

"Everyone at Verizon Wireless is very excited to join the Penske Racing team," said Mike Lanman, chief marketing officer for Verizon Wireless. "Innovation, reliability and technology are the cornerstones of our business and we know our partners at Penske Racing value those same ideals. We can't wait for the start of the 2009 racing season."

About Verizon Wireless
Verizon Wireless operates the nation's most reliable wireless voice and data network, serving 83.7 million customers. Headquartered in Basking Ridge, N.J., with 85,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). For more information, visit .

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 306 major race wins, 363 pole positions and 22 National Championships. For more information about Penske Racing, please visit