Penske Corp. in Bloomfield Township and Gallagher Ink Multi-year Partnership

Gallagher, a global insurance brokerage, risk management, and consulting services firm based in Rolling Meadows, Ill., has announced a multi-year partnership with Penske Entertainment and Team Penske of Bloomfield Township’s Penske Corp.
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Gallagher's new multi-year partnership with Penske Entertainment and Team Penske includes branding within the Indianapolis Motor Speedway. // Courtesy of IMS
Gallagher’s new multi-year partnership with Penske Entertainment and Team Penske includes branding within the Indianapolis Motor Speedway. // Courtesy of IMS

Gallagher, a global insurance brokerage, risk management, and consulting services firm based in Rolling Meadows, Ill., has announced a multi-year partnership with Penske Entertainment and Team Penske of Bloomfield Township’s Penske Corp.

The partnership will span various assets at both the series and team level within the NTT IndyCar Series, as well as branding within the Indianapolis Motor Speedway.

“It is exciting that a global brand like Gallagher recognizes the opportunities to grow as a partner with the NTT IndyCar Series, the Indianapolis Motor Speedway, and Team Penske, aligning with our goals and our vision,” says Roger Penske, chair and CEO of Penske Automotive Group.

“We know that Gallagher shares many of the core values that are important across our Penske Entertainment and Team Penske motorsports properties. Gallagher plans to take full advantage of our partnership to not only showcase their brand, but provide a special, one-of-a-kind experience through motorsports.”

The partnership includes entitlement sponsorship of the Gallagher Grand Prix IndyCar Series event on July 30, part of the historic Brickyard tripleheader weekend on NBC. In addition, Gallagher will serve as the primary partner on the No. 3 Gallagher Dallara/Chevrolet driven by recent NTT IndyCar Series Rookie of the Year Scott McLaughlin for two events — Detroit on June 5 and during the Gallagher Grand Prix in Indianapolis in July.

Gallagher also will become the branded partner of the all-new Gallagher Pavilion in Pagoda Plaza at IMS, which hosts countless hospitality events throughout the year, including during the action-packed month of May. Gallagher will also have additional signage at the track during the Indianapolis 500 and other IMS race weekend events.

“In partnering with Penske Entertainment and Team Penske, we are able to do what we do best, provide solutions that every business needs — insurance, risk management and consulting — while also having an exciting opportunity to forge new relationships with an outstanding brand,” says Christopher Mead, CMO at Gallagher.

“We are thrilled to be aligning with a partner who reflects The Gallagher Way values of ethics and community service, and who can provide unique experiences for our clients, prospects, employees and partners.”

McLaughlin, who will drive the No. 3 Gallagher Dallara/Chevrolet at Detroit and Indianapolis, is enjoying a breakout season in 2022. The three-time Australian Supercars Champion earned both his first career IndyCar pole and victory in the season-opening event at St. Petersburg in February, and backed that up with a runner-up finish at Texas last month. He currently sits second the standings, just five points out of the top spot, heading into this weekend’s race at Barber Motorsport Park.

“I’m super pumped about adding a company like Gallagher to the No. 3 team for this year,” says McLaughlin. “As a team, we want to have partners that are fully committed to the cause, just like our team is this season. I’ve seen the No. 3 Gallagher car and it’s going to look pretty awesome on the track. I also love racing at Detroit and at Indy, which are two of our marquee tracks. They are going to love being a part of IndyCar and I’m pumped to have them a part of our team.”

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