Gainbridge, an online financial services company that offers annuity products simplified for the modern age, has reached a multiyear agreement to become the presenting sponsor of the Indianapolis 500 starting with the 2019 edition of the world’s most prestigious auto race.

The announcement was made earlier this week during a press conference at Indianapolis Motor Speedway (IMS) featuring Indiana Gov. Eric Holcomb, Hulman & Company President and CEO Mark Miles, Group1001 President and CEO Dan Towriss and IMS President J. Douglas Boles.

“We welcome Gainbridge to this new partnership with ‘The Greatest Spectacle in Racing,’” Miles said. “Gainbridge offers a bold, new way to steady growth, and we’re honored that the platform is being launched through this association with the Indianapolis 500 – an exciting global event with a rich history and a bright, dynamic future. It’s a perfect fit.”
Gainbridge also will become the official annuity and life insurance partner of INDYCAR, IMS and the Indy 500.

“Gainbridge’s simplified approach to delivering annuities empowers investors who seek to maximize performance, but stay out of trouble, amidst today’s market volatility,” CEO of Group 1001, Gainbridge’s parent company, Towriss said. “In investing, like in racing, anything can happen. The key is to stay calm and have a strategy in place to hedge for the unexpected. The amazing parallels between Gainbridge’s philosophy and racing make our Indy 500 partnership that much more meaningful.”

The 103rd Indianapolis 500 presented by Gainbridge is scheduled for Sunday, May 26. The race is the crown jewel of the NTT IndyCar Series and the largest single-day spectator sporting event on the globe.

For more information, visit the IndyCar website.

(Image courtesy of IndyCar).