SOURCE: REV Group

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February 09, 2016 10:00 ET

REV Group Joins Penske Racing Team as Sponsor

Company Revs Up for Team Penske Race Car Partnership

MIAMI, FL--(Marketwired - February 09, 2016) - REV Group announced a multi-year partnership with Team Penske, putting the REV name in the racing spotlight. Among other products, REV will showcase its luxury motor coach brands, American Coach and Fleetwood RV, during selected 2016 races of the NASCAR XFINITY Series. In addition to showcasing REV's stunning motor coaches at these events, the REV logo will be featured on Team Penske's No. 22 Ford Mustang during each race, which includes the Ford EcoBoost 300 season finale on Nov. 20 at Homestead-Miami Speedway.

REV will also be the primary sponsor of three-time Indianapolis 500 winner Helio Castroneves during the Phoenix Grand Prix of the Verizon IndyCar Series. REV will be featured on the No. 3 Team Penske Chevrolet during the April 2 race in Avondale, Ariz. But that's not all -- on March 7, Castroneves will pick up his very own custom American Coach in Decatur, Ind., where the REV Recreation Group is headquartered.

Many motorsports enthusiasts are familiar with the REV brand -- even if they don't realize it. With 300,000 REV specialty vehicles on the road today, many of these unique products have long served the racing industry in some fashion, which makes REV Group, Inc.'s new partnership with Team Penske the perfect match.

Tim Sullivan, REV President and Chief Executive Officer, says the partnership with Team Penske is a strategic move that will increase REV's brand awareness throughout the United States.

"By teaming up with a three-time Indianapolis 500 winner and a three-time defending XFINITY Series Owners' championship team, we feel we're well positioned to see our cars in Victory Lane this year," Sullivan says.

Team Penske, which celebrates its 50th anniversary this year, is one of the most successful teams in the history of professional sports. The team has produced more than 420 major wins, 480-plus pole positions and 28 national championships across open wheel, stock car and sports car racing competitions, dating back to its first race in 1966. In its storied history, Team Penske has also earned 16 Indy 500 victories, two Daytona 500 championships and a Formula One win.

So seeing the REV logo in Victory Lane could be a dream easily fulfilled this year.

That said, racing enthusiasts will also want to watch out for the many REV brands that can be found at the racetrack on any given day. From a safety standpoint, REV has long serviced the industry with its E-ONE fire trucks and the company's ambulance brands, like Horton Emergency Vehicles. Meanwhile, spectators might take some stock in REV's buses, like Champion Bus, which can often be seen shuttling fans back and forth to the track. And some enthusiasts might drive their own REV vehicle to the track. There's nothing like tailgating in motor coach luxury.

The partnership with Penske will help push all of these brands into the collective forefront of the racing community.

"REV is a natural fit to our NASCAR and IndyCar lineups because transportation is at the heart of the Penske Corporation," says Team Owner Roger Penske. "REV is a terrific company that is very diverse, and many of its products are already used today at racetracks around the nation. Our goal is to get REV into Victory Lane."

About REV

REV Group, Inc., formerly Allied Specialty Vehicles (ASV), is a +$1.7 billion manufacturer of industry-leading motor vehicle brands serving commercial, fire & emergency and recreation markets. Within the commercial division, REV offers a full line of buses (under the Champion, Collins, Eldorado National California, Eldorado Kansas Federal Coach, Goshen and Krystal brands), terminal trucks (under the Capacity brand), sweepers (under the Laymor brand) and mobility conversion vehicles (under the Eldorado Mobility brand). The fire & emergency division offers a complete line of fire apparatus (under the E-One brand) and ambulance vehicles (under the AEV, Horton, Leader, Marque, McCoy Miller, Road Rescue and Wheeled Coach brands). Within the recreation vehicle division, the company produces motorized RVs under several of the industry's most iconic brands (American Coach, Fleetwood, Holiday Rambler, Monaco and Goldshield). For more information about REV visit www.revgroup.com, or to view a short video about the REV rebranding effort, visit: www.revgroup.com/video.

About Team Penske

Team Penske is one of the most successful teams in the history of professional sports and is celebrating its 50th Anniversary during the 2016 season. Dating back to its first race in the 1966 24 Hours of Daytona, cars owned and prepared by Team Penske have produced more than 420 major race wins, over 480 pole positions and 28 National Championships across open-wheel, stock car and sports car racing competition. In its storied history, the team has also earned 16 Indianapolis 500 victories, two Daytona 500 Championships, a Formula One win and overall victories in the 24 Hours of Daytona and the 12 Hours of Sebring. Over 80 drivers have raced for Team Penske over the years. For more information about Team Penske, please visit www.teampenske.com.

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