Hitachi Astemo’s Partnership with Team Penske and Chevrolet Spans 13 Years - Speedway Digest

Hitachi Astemo (Astemo), one of the auto industry’s leading suppliers, continued its NTT INDYCAR SERIES partnership with Team Penske for a 13th consecutive year in 2024 as a sponsor of the No. 2 Dallara/Chevrolet driven by Josef Newgarden.

A two-time series champion, Newgarden earlier this year became the first driver in 22 years to score back-to-back Indianapolis 500 wins, while also giving Team Penske a record 20th Indy 500 victory.

Josef Newgarden finished in 3rd place in the final race in Nashville, TN.
Josef Newgarden finished in 3rd place in the final race in Nashville, TN.

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

“We’ve enjoyed working side-by-side with Chevrolet and Team Penske in 2024,” said Rob Sharpe, senior vice president of sales and marketing at Hitachi Astemo Americas. “Hats off to Josef Newgarden and Team Penske for another record-setting race season as well.”

Originally from Hendersonville, Tenn., the 32-year-old Newgarden is the most successful American driver in the NTT INDYCAR SERIES.

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. He completed the 2024 season with more than 30 career INDYCAR victories.

Earlier this year, Team Penske and Astemo extended their winning partnership for the 2025 NTT INDYCAR SERIES season and beyond. The Astemo name on the No. 2 Penske Chevrolet will appear on the sides and rear wing of the red Astemo car.

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

Hitachi PR