Snap-on Tools Racing

Snap-on’s colors and branding will adorn the No. 22 car driven this season by both former Nationwide Series champion Brad Keselowski and rising star Parker Kligerman in races at Darlington Raceway (May 11), Dover International Speedway (June 2), New Hampshire Motor Speedway (July 14) and Richmond International Raceway (September 7).

“We are excited to grow and develop our long-standing partnership with Snap-on as they expand our relationship to become a primary sponsor on the No. 22 Dodge for several Nationwide Series races this season,” said Roger Penske. “Snap-on has been a terrific partner with our organization now for 30 years and we look forward to celebrating this milestone with a great season together in 2012.”

Snap-on will continue to be an associate sponsor on all Penske Racing cars competing in the NASCAR Sprint Cup and Nationwide Series this season as well as its IndyCar Series teams. Building on a strong and productive relationship that enters its third decade, Penske Automotive Group and Penske Truck Rental also continue to use Snap-on products across all levels of their respective businesses.

“Snap-on is honored to be one of Penske Racing’s longest-tenured sponsors and is thrilled to be expanding the relationship,” said Yvette Morrison, vice president of marketing for Snap-on Tools. “Penske is a first-class organization and our partnership continues to be of great benefit to our company and our franchisees. We are excited to have one of the winningest teams in motorsports carry the Snap-on brand.”

About Snap-on

Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks. Products and services include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle dealerships and repair centers, as well as customers in industry, government, agriculture, aviation and natural resources. Products and services are sold through the company’s franchisee, company-direct, distributor and Internet channels. Founded in 1920, Snap-on is a $2.6 billion, S&P 500 company headquartered in Kenosha, Wisconsin.

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, 412 pole positions and 23 National Championships. For more information about Penske Racing, please visit www.penskeracing.com.

- Penske Racing Press Release

Power is scheduled to drive for Penske Racing at IndyCar Series events in Toronto (July 12), Edmonton (July 26), Kentucky (August 1), Sonoma (August 23) and Miami (October 10).

Upon joining Penske Racing prior to the start of the 2009 season, Power drove for the team throughout pre-season testing and in three of the first four events on the IndyCar Series schedule. He produced solid results, earning a pole position, two top-five and three top-10 finishes.

“Will has done a terrific job for Penske Racing and he has earned the opportunity to compete in more races,” said Roger Penske. “Will is a great asset to the team and we are excited to have him compete at these additional five races in the Penske Truck Rental Indy car.”

Filling in for three-time Indianapolis 500 champion Helio Castroneves in the No. 3 Team Penske Dallara/Honda, Power earned a sixth-place finish in the season opener on the streets of St. Petersburg.

After Castroneves returned to the team in April, Power remained with Penske Racing and drove the No. 12 Team Verizon Wireless car. He won the pole position and finished second in Long Beach and enjoyed a strong month of May at the Indianapolis 500, earning a ninth-place starting position and running up front all race en route to a fifth-place finish.

“I am really looking forward to getting back on the track and driving for Penske Racing,” said Power. “I have learned so much working with everyone on the team this season and I plan to make the most of this opportunity to drive the Penske Truck Rental car at these five upcoming races and help the team however I can.”

Power, 28, will join Castroneves, driver of the No. 3 Team Penske Dallara/Honda, and Ryan Briscoe, driver of the No. 6 Team Penske entry, in the Penske stable at these five select events.

“We help hundreds of thousand of families move ahead every year,” said Jim Feenstra, Senior Vice President of Marketing for Penske Truck Rental. “The similarity in quality of product, people and dedication at every turn between Penske Truck Rental and Penske Racing creates great brand-building opportunities. We’re excited about seeing a proven success like Will Power drive the bright yellow Penske Truck Rental No. 12 in the IndyCar Series.”

A native of Toowoomba, Australia, Power was named the Champ Car World Series Rookie of the Year in 2006 and he produced three wins and six pole positions in two plus seasons in Champ Car. In 2008, Power won on the streets of Long Beach in Champ Car’s final race, and after joining the IndyCar Series, he earned his first series pole in front of his home crowd at Surfers Paradise, Australia. Power joined Penske Racing in January of 2009.

Penske Truck Rental is a service of Penske Truck Leasing. With one of the newest fleets, Penske Truck Rental provides do-it-yourself moves with clean, safe and reliable trucks as well as moving equipment, packing supplies and accessories.

Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation, Penske Automotive Group and General Electric. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, transportation and warehousing management, and supply chain management solutions. Visit www.GoPenske.com to learn more about the company and its products and services.

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 310 major race wins, 367 pole positions and 22 National Championships. The team has also earned 15 Indianapolis 500 victories. For more information about Penske Racing, please visit www.penskeracing.com.

- Penske Racing Press Release