Hertz Teams Up With Penske Racing to Sponsor NASCAR Sprint Cup and Nationwide Series

Hertz Teams Up With Penske Racing to Sponsor NASCAR Sprint Cup and Nationwide

PR Newswire

PARK RIDGE, N.J., Jan. 23, 2013

PARK RIDGE, N.J., Jan. 23, 2013 /PRNewswire/ --The Hertz Corporation
(NYSE:HTZ) and Penske Racing announce today a new, multi-year agreement with
Hertz serving as a 2013 primary sponsor for select races on Penske Racing cars
that will be competing in both the NASCAR Sprint Cup and Nationwide Series.

(Photo: http://photos.prnewswire.com/prnh/20130123/NY47388)

(Logo: http://photos.prnewswire.com/prnh/20110810/NY50373LOGO)

"Hertz has established a great relationship with Penske through our car rental
operations in Tennessee. Extending this partnership to the
championship-winning Penske Racing organization enables Hertz to enter the
sport of NASCAR, tapping into its diverse and devout fan base," said Mark P.
Frissora, Hertz Chairman and CEO. "By sponsoring Penske Racing, Hertz is able
to tap into the loyal NASCAR fan base; race enthusiasts who will love the
diverse selection of cars, including cars in Hertz's Adrenaline and Prestige
Collections, in our rental fleet."

Under the agreement, Hertz will be co-primary sponsor on the No. 22 Ford
Fusion driven by Joey Logan in the Sprint Cup Series at the fall race hosted
at Charlotte Motor Speedway. In theNationwide Series competition, Hertz will
be the primary sponsor for seven races on the No. 22 Ford Mustang, which will
be driven in 2013 by defending NASCAR Cup Series champion Brad Keselowski,
Logano and Ryan Blaney. The No. 22 Hertz Ford will compete in Nationwide
Series races at Dover International Speedway (two races), New Hampshire Motor
Speedway, Chicagoland Speedway, Richmond International Raceway, Watkins Glen
International and Homestead-Miami Speedway this season.

"We are very happy to welcome Hertz to the Penske Racing family and to the
sport of NASCAR racing," said Roger Penske. "Hertz is a well-established and
industry-leading brand worldwide and we are certainly excited to begin this
multi-year partnership in 2013 with our teams competing in both the Sprint Cup
and Nationwide Series."

Under the new partnership, Hertz will also be an associate sponsor throughout
the course of the season for the Penske Racing No. 22 Cup Series and
Nationwide Series teams with branding presence on the team's uniforms and
equipment as well as on the Nationwide Series car.

Hertz is committed to offering its customers the most technologically
innovative products and services available to keep customers "Traveling at the
Speed of Hertz." This includes Hertz 'Carfirmations'; 'Gold Choice', which
gives Gold members the power to keep the car they reserved or simply choose a
different car from the Gold Choice area; and e-Return, with the fastest car
rental drop-off that includes an email receipt within hours. These are all
complimentary services for Hertz Gold Plus Rewards members, which is currently
free to join. In addition, Hertz continues to expand the presence of its
ExpressRent Interactive Kiosks that let customers rent a car, with or without
a reservation, through a live, face-to-face video kiosk.

For more information, visit www.Hertz.com and/or follow Hertz at
www.Facebook.com/Hertz and www.Twitter.com/Hertz. Click here to visit the
Hertz YouTube page and view the Hertz ExpressRent Kiosk.

About Penske Racing
Penske Racing is one of the most successful teams in the history of
professional sports. Competing in a variety of disciplines, cars owned and
prepared by Penske Racing have produced 364 major race wins, 423 pole
positions and 24 National Championships, including the 2012 NASCAR Sprint Cup
Series title. The team has also earned a record 15 Indianapolis 500 victories
in its storied history. For more information about Penske Racing, please visit

About The Hertz Corporation
Hertz operates its car rental business through the Hertz, Dollar and Thrifty
brands from approximately 10,400 corporate, licensee and franchisee locations
in North America, Europe, Latin America, Asia, Australia, Africa, the Middle
East and New Zealand. Hertz is the largest worldwide airport general use car
rental brand, operating from approximately 8,800 corporate and licensee
locations in approximately 150 countries. Hertz is the number one airport car
rental brand in the U.S. and at 111 major airports in Europe. Dollar and
Thrifty have approximately 1,580 corporate and franchisee locations in
approximately 80 countries. Hertz is an inaugural member of Travel + Leisure's
World's Best Awards Hall of Fame and was recently named, for the thirteenth
time, by the magazine's readers as the Best Car Rental Agency. Hertz was also
voted the Best Overall Car Rental Company in Zagat's 2012/13 U.S. Car Rental
Survey, earning top honors in 14 additional categories, and the Company swept
the global awards for Best Rewards Program and Best Overall Benefits from
FlyerTalk.com. Product and service initiatives such as Hertz Gold Plus
Rewards, NeverLost®, and unique cars and SUVs offered through the Company's
Adrenaline, Prestige and Green Traveler Collections, also set Hertz apart from
the competition. Additionally, Hertz owns the vehicle leasing and fleet
management leader Donlen Corporation and operates the Hertz On Demand car
sharing business. The Company also owns a leading North American equipment
rental business, Hertz Equipment Rental Corporation, which includes Hertz
Entertainment Services.

SOURCE The Hertz Corporation

Website: http://www.hertz.com
Contact: Paula Rivera, +1-201-307-2824, privera@hertz.com
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