ExxonMobil and TRD, U.S.A. Form Technology Partnership

Beginning in 2010, TRD-built NASCAR Engines Will Benefit From Mobil 1 Racing Oil Technology

Nov 13, 2009 - 03:33 PM EST

Dateline:

PHOENIX

Public Company Information:

NYSE:
XOM

PHOENIX--(BUSINESS WIRE)--Underscoring the performance benefits high-quality motor oil technology can deliver, ExxonMobil and Toyota Racing Development (TRD) unveiled a new technological partnership in which ExxonMobil will provide its Mobil 1 racing oil technology and products to TRD-supported NASCAR teams.

Kicking off at the start of the 2010 NASCAR season, TRD-supplied NASCAR engines will be filled with specially modified motor oil based on the same technology available to consumers in Mobil 1 Racing oils, which were unveiled in April. The TRD-specific motor oils will deliver outstanding power via unique low-friction synthetic lubricant technology combined with boosted levels of anti-wear additives to protect and extend the life of engine hardware.

Formally announced before the NASCAR Sprint Cup Series Checker O'Reilly Auto Parts 500 at Phoenix International Raceway, the collaboration will pair Mobil 1, the “Official Motor Oil of NASCAR,” with one of NASCAR’s top engine manufacturers. With this new partnership, ExxonMobil’s racing oil technology will now provide performance and protection for the TRD-supported Red Bull Racing and Michael Waltrip Racing NASCAR teams.

“We are excited to partner with such well known and respected racing technology like Mobil 1 motor oil,” said Lee White, president and general manager, TRD, U.S.A. “Mobil 1 technology advisors, utilizing the resources of one of the world’s leading racing oil suppliers, will help ensure that our team’s engines are running at peak performance, ultimately helping us win more races.”

The racing oils designed for TRD represent the latest in synthetic racing oil technology and are intended to help deliver maximum horsepower over a wide range of race engine applications.

“Partnering with such expert engine builders like TRD gives us another excellent platform to fully demonstrate the technological benefits of our products,” said Kendall S. MacGibbon, sales director, Strategic Global Alliances, ExxonMobil Lubricants & Specialties. “This agreement with TRD showcases the engine performance and protection that Mobil 1 racing oil technology delivers for NASCAR drivers and other competitive motorsports drivers.”

For more information about this new partnership and Mobil 1, go to www.mobil1.com.

A Long History of Performance: Mobil 1 in Motorsports

Mobil 1, the world’s leading synthetic motor oil brand, has long been the lubricant of choice for race teams competing in the most demanding and popular motorsports series across the globe.

Mobil 1’s history in motorsports officially began in 1978 with a sponsorship of Williams Formula One Racing Team. From that time, Mobil 1's presence on race tracks and circuits has grown by grand proportions. Today, Mobil 1 synthetic oil is relied on for its ability to deliver exceptional engine performance and protection even under some of the most extreme conditions by automotive technicians, race car drivers, team owners and the world’s leading automotive manufacturers. Currently, more than half of all NASCAR teams and half of all Formula 1 teams rely on Mobil 1 technology.

Along with its status as the Official Motor Oil of NASCAR, Mobil 1 enjoys a long association with many of world's most popular and successful race teams, including Vodafone McLaren Mercedes’ Formula One team, Corvette Racing’s American LeMans Series team, the official AMG-Mercedes factory teams in the European-based DTM championship, Alex Job Racing Le Mans GT2 team, Penske Racing's NASCAR and IndyCar Series teams, as well as the Porsche Mobil 1 Supercup—the world’s fastest international one-make series.

About Mobil 1

The world's leading synthetic motor oil brand, Mobil 1 features anti-wear technology that provides performance beyond conventional motor oils. This technology allows Mobil 1 to meet the toughest standards of car builders and to provide exceptional protection against engine wear, under normal or even some of the most extreme conditions. Mobil 1 flows quickly in extreme temperatures to protect critical engine parts and is designed to maximize engine performance and help extend engine life.

ExxonMobil, Mobil 1 and the 1 Icon are trademarks of Exxon Mobil Corporation (NYSE:XOM) or one of its subsidiaries.

About TRD, U.S.A. (Toyota Racing Development)

Powering all of Toyota’s American racing programs is TRD, U.S.A. (Toyota Racing Development) in Costa Mesa, Calif., and Salisbury, N.C. A subsidiary of Toyota Motor Sales, U.S.A., Inc., TRD serves as the North American racing arm for design, development and assembly of Toyota’s factory racing engines.

Contact:

Weber Shandwick
Sean Hixson, 314-552-6760
shixson@webershandwick.com
or
Toyota Motor Sales, U.S.A.
Kym Strong, 310-874-2513
kym_strong@toyota.com