The company announced Monday that its colors of green and white will again be displayed on the No. 88 Andretti Harding Steinbrenner Autosport car of Colton Herta for the 2020 NTT INDYCAR SERIES season.
Capstone first appeared on the sidepods of the sophomore driver’s car in 2019 on the streets of Toronto and continued through to the season finale race where Herta scored a victory from pole position for the then Harding Steinbrenner Racing team.
The partnership also extends the relationship between Andretti Autosport and Capstone, which began in May 2019 with driver Alexander Rossi.
“We are extremely excited to continue our partnership with Capstone Turbine Corporation. Their mission to create sustainable energy is of growing importance, and we look forward to helping them in their efforts to expand their footprint in the green and renewable energy space. Through B2B initiatives and expansion of brand awareness, we will aim to make the program a success on and off the track,” said George Michael Steinbrenner IV, co-owner of Harding Steinbrenner Racing.
CEO Darren Jamison noted that “the youthful Colton is a perfect fit for the image” of the company’s clean and green microturbine technology.
“The younger generation makes up 30% of the population and is arguably the most concerned when it comes to environmental sustainability as the first generation to have grown up with climate change as part of everyday life,” said Jamison.
“The valuable business relationships we have developed with the support of George Steinbrenner IV and Mike Harding, as well as the new B2B opportunities that will come this season by being part of the Andretti Autosport family, offers Capstone a platform to reach the racing community and help more companies save money and lower their carbon footprint."
He added that two current sponsors of Andretti Autosport are already Capstone customers, and the company has identified 22 others who are potentially well suited for its technology.
“We are really excited to have Capstone Turbine supporting Colton Herta and the No. 88 Honda this season and carrying on the success from last season,” said Michael Andretti, CEO of Andretti Autosport.
“We look forward to collaborating with Capstone on both brand building and business development initiatives to showcase their innovative and sustainable energy solutions through our platform.”
Capstone, based in Van Nuys, California, offers a product line-up of microturbines that can produce anywhere from 30 kilowatts to 10 megawatts of power, operating on a variety of gaseous or liquid fuels. To date, Capstone has shipped over 9,000 units to 73 countries.
Capstone’s stock recently traded up 1.2% to $2.77 a share in New York.
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