NASCAR Cup Series

Mobil 1 to Sponsor Tony Stewart and Stewart-Haas Racing.

Published Oct. 13, 2010 10:06 p.m. ET

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Byline: Benzinga Staff

CHARLOTTE, N.C.--(BUSINESS WIRE)--

ExxonMobil signed a multi-year sponsorship agreement with two-timeNASCAR Sprint Cup Series Champion Tony Stewart and Stewart-Haas Racing beginning in 2011. The new agreement allows ExxonMobil to buildon Mobil 1's "Official Motor Oil of NASCAR" designation and demonstrate its ongoing commitment to NASCAR.

"With Mobil 1's long tradition of partnering with world-class raceteams around the globe, we are proud of our new association with oneof NASCAR's top drivers," said Nigel Searle, vice president marketing, ExxonMobil Lubricants & Petroleum Specialties Company. "We look forward to helping Stewart-Haas Racing secure a Sprint Cup Series championship and add to the list of successful teams that Mobil 1 has supported for more than 30 years."

Stewart has been one of the most successful Sprint Cup drivers since joining the elite series in 1999. He has 39 career wins, includingchampionships in 2002 and 2005. He also has a streak of 12 consecutive seasons with at least one victory, the longest active stretch in Sprint Cup. Stewart qualified for the 2010 Chase for the Sprint Cup, marking the sixth time he has accomplished the feat since the inception of the Chase in 2004.

"As a team owner, I'm absolutely thrilled to add such a respected technology partner to our race team," said Tony Stewart, co-owner of Stewart-Haas Racing. "And as a driver, it's exciting to partner with a brand that has such an incredible racing pedigree. ExxonMobil is committed to producing the highest-quality racing motor oil and shares the same winning attitude that champions must have to succeed at thislevel."

Mobil 1 will serve as the co-primary sponsor of the No. 14 Chevrolet Impala with Office Depot, the "Official Office Products Partner ofNASCAR." Mobil 1 will be prominently featured on the hood of Stewart's car for 11 races, while taking a high-profile associate role in the remaining 25 races, as well as the two non-point races.

In addition, ExxonMobil will provide Mobil 1 lubricant technology and engineering support to Stewart-Haas Racing and Mobil 1 will be anassociate sponsor of Ryan Newman's No. 39 Chevrolet Impala, which isalso fielded by Stewart-Haas Racing.

Mobil 1 has been the Official Motor Oil of NASCAR since 2003 and is used by more than 50 percent of the teams in NASCAR's top-three series.

About Mobil 1 in Motorsports

Mobil 1 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 witha sponsorship of Williams Formula One Racing Team. From that time, Mobil 1's presence on race tracks and circuits has grown by global 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 cardrivers, team owners and the world's leading automotive manufacturers.

Along with its status as the Official Motor Oil of NASCAR and previous 19 year relationship with Penske Racing, 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 factoryteams in the European-based DTM championship, Alex Job Racing Le Mans GT2 team, 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 or exceed the tougheststandards 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.

About Stewart-Haas Racing

Stewart-Haas Racing is the NASCAR Sprint Cup Series team co-owned by two-time Sprint Cup champion Tony Stewart and Gene Haas, founder of Haas Automation, the largest CNC machine tool builder in the western world. The team fields two entries in the elite Sprint Cup Series -- the No. 14 Office Depot/Old Spice Chevrolet Impala for Stewart, andthe No. 39 U.S. Army/Tornados/Haas Automation Chevrolet Impala for 2008 Daytona 500 winner Ryan Newman. Based in Kannapolis, N.C., Stewart-Haas Racing operates out of a 140,000-square-foot facility with more than 150 employees. For more information, visit http://www.stewarthaasracing.com, on Facebook at www.facebook.com/StewartHaasRacing and on Twitter at @StewartHaasRcng.

Mobil and Mobil 1 are registered trademarks of Exxon Mobil Corporation or one of its subsidiaries.

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ExxonMobil

Kristen Hellmer, 703-846-4467

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True Speed Communication

Mike Arning, 704-875-3388

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