Gallagher will serve as the title sponsor for the Grand Prix at IMS on July 30. (Penske Entertainment/Doug Mathews)

Gallagher, Penske Announce Multi-Year Agreement

MOORESVILLE, N.C. – Gallagher, a global insurance brokerage, risk management and consulting services firm, announced a new, multi-year partnership with Penske Entertainment and Team Penske, which will span across various assets at both the series and team level within the NTT IndyCar Series, as well as branding within the famed Indianapolis Motor Speedway.  

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 defending NTT IndyCar rookie of the year, Scott McLaughlin for two events – Detroit on June 5 and during the Gallagher Grand Prix in Indianapolis in July. 

“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,” said Roger Penske. “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.”

Gallagher will also 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,” said Christopher Mead, Gallagher Chief Marketing Officer. “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 back 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,” said 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.”