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Team Penske adds primary sponsor for four Xfinity races


during practice for the NASCAR Xfinity Series U.S. Cellular 250 Presented by Rasmussen Group at Iowa Speedway on July 27, 2018 in Newton, Iowa.

Matt Sullivan

Team Penske announced Friday that MoneyLion will serve as the primary sponsor of the No. 22 Xfinity car for four races this season, including this weekend at Las Vegas Motor Speedway with Austin Cindric driving the car.

MoneyLion, launched in 2013, is the first major fintech company to partner with the team. It has 3 million members. `

The No. 22 has won the Xfinity owners title in four of the last five season and is first in the owners standings with one race left in the regular season.

“We are excited to form this new partnership with MoneyLion and to welcome an established brand in the fintech category to the NASCAR arena with Team Penske,” said Roger Penske in a statement from the team. “We appreciate the opportunity to work with a company that recognizes the potential to grow in motorsports and wants to connect with our great NASCAR fans. Our team will be working hard to deliver success for MoneyLion, both on and off the track.”

The company will be the primary sponsor of the No. 22 Xfinity car also at Richmond, Charlotte and Homestead.