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BROWNSBURG, Ind. (May 30, 2017) – Rahal Letterman Lanigan Racing (RLL) announced today that Fifth Third Bank has not only extended their partnership with the team as an associate sponsor for three more years, they have also expanded their role to include primary sponsorship of the No. 16 Indy car driven by Oriol Servia in the Chevrolet Detroit Grand Prix Duals, June 3 and 4. It is their first time to be a primary sponsor on an Indy car. Fifth Third Bank is in its second year as an associate sponsor for the team.
“We are very pleased that we have been able to grow our Fifth Third relationship and feature them as the primary sponsor in both races in Detroit on Oriol Servia’s entry,” said Bobby Rahal, co-owner of Rahal Letterman Lanigan Racing, with David Letterman and Mike Lanigan. “My personal experience with Fifth Third Bank goes back to the days when I lived in Columbus, Ohio and I am very proud that it has grown to this level since our partnership began in 2016. It’s going to be exciting to see Fifth Third as the primary sponsor on an Indy car and we look forward to the opportunity to put the car in Winner’s Circle.”
“There is no better way for us to ignite the Fifth Third brand than by partnering with the Rahal Letterman Lanigan Racing team and Indy car racing,” added Steven Alonso, Group Regional President of Fifth Third Bank. “We had a great experience with our partnership last year and we are thrilled to not only continue but to increase our sponsorship for the next three years. We are really looking forward to being the primary sponsor and see the Fifth Third Bank car in the field at the Detroit Grand Prix.”
The Chevrolet Detroit Grand Prix doubleheaders will both be televised live on ABC at 3:30 p.m. ET on June 3 and June 4.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of March 31, 2017, the Company had $140 billion in assets and operated 1,155 full-service Banking Centers and 2,471 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. As of March 31, 2017, Fifth Third also had a 17.8 percent interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2017, had $323 billion in assets under care, of which it managed $33 billion for individuals, corporations and not-for-profit organizations through its Trust, Brokerage and Insurance businesses. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Member FDIC, Equal Housing Lender.
About Rahal Letterman Lanigan Racing
Rahal Letterman Lanigan Racing, based in Hilliard, Ohio and Brownsburg, Ind., is co-owned by three-time IndyCar Champion and 1986 Indianapolis 500 winner Bobby Rahal, former CBS Late Show host David Letterman and Mi-Jack co-owner Mike Lanigan. In 2017 the team will compete in their 26th year of open wheel competition and attempt to add to their 23 wins – including the 2004 Indy 500 from pole with Buddy Rice — their 29 poles, 91 podium finishes and 1992 series championship. The team also competed in the American Le Mans Series from 2009-2013 as BMW Team RLL where they won both the Manufacturer and Team Championships in the GT category in 2010 and swept all three GT titles in 2011 – Manufacturer, Team and Driver. In 2012, the team finished second in the Team Championship and third in the Manufacturer Championship and in 2013, the team finished second in the Driver, Team and Manufacturer Championship. In 2014, BMW Team RLL moved to the GTLM class of the United SportsCar Championship with a two-car program and earned six podium finishes including four second-place finishes. In 2015, the team earned three wins, two poles and a total of eight podiums to finish second in the Manufacturer, Team and Driver championships and in 2016, BMW Team RLL added two poles and three podiums with their BMW M6 GTLM entries to bring their current total to 13 wins, 22 poles and 60 podium finishes.
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