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Pennzoil and Penske bringing 'Yellow Submarine' livery back for Indy 500

The 98th running of the Indianapolis 500 on May 25 will feature at least one rather blinding blast from the past. Team Penske and Pennzoil have teamed up to bring back their iconic "Yellow Submarine" livery for the 2014 race with a bright yellow body, red pinstripes and black graphics. Even at high speeds around the Indy oval, the ca

Shell signs multi-series sponsorship deal with Penske Racing

For years Marlboro has been nearly synonymous with Penske, its racing cars (in open-wheels especially) adorned with the tobacco company's red-and-white color scheme for decades, even if their name hasn't appeared on the cars since 2005. But after 19 years in racing together, Marlboro parent company Phillip Morris ended its sponsorship of the motor racing dynasty earlier this year. Now it appears that Shell Oil could be taking its place.