ExxonMobil and Corvette Racing Extend Lubricant Technology Partnership

  ExxonMobil and Corvette Racing Extend Lubricant Technology Partnership

In Multi-year Agreement, new Chevrolet Corvette C7.Rs to Benefit from Mobil 1™
                             Fully Synthetic Oil

  *ExxonMobil to provide Mobil 1 lubricant technology and engineering support
    to the Corvette Racing team
  *18^th consecutive year the Mobil 1 brand has been a major associate
    sponsor of Corvette Racing and “Official Lubricant of Corvette Racing”
  *Partnering with Corvette Racing provides a unique platform to test and
    prove the performance and protection benefits of Mobil 1 fully synthetic
    oils

Business Wire

FAIRFAX, Va. -- June 27, 2014

Progressing the science and capabilities of lubricants in high-performance
applications, ExxonMobil and Corvette Racing are extending their collaborative
partnership that provides Mobil 1™ lubricant technology and engineering
support to the Corvette Racing team and the Chevrolet Corvette C7.Rs.

In Multiyear Agreement, Chevrolet Corvette C7.Rs to Benefit from Mobil 1™
Fully Synthetic Oil. (Phot ...

In Multiyear Agreement, Chevrolet Corvette C7.Rs to Benefit from Mobil 1™
Fully Synthetic Oil. (Photo: Business Wire)

The renewed collaboration marks the 18^th consecutive year in which the Mobil
1 brand has been a major associate sponsor for Corvette Racing and the
“Official Lubricant of Corvette Racing.”

“Our affiliation with ExxonMobil and Mobil 1 lubricants has been a
tremendously successful partnership in the garage and on the track, ultimately
helping us win more races,” said Jeff Chew, Manager Business Strategy and
Operations for Chevrolet Racing. “It’s such a profound benefit to have a
sponsor like Mobil 1 that also contributes lubricant technologies to help us
optimize powertrain performance, improve fuel economy benefits and increase
horsepower output without sacrificing engine durability.”

ExxonMobil engineers work closely with Pratt & Miller and Corvette Racing to
develop and test new lubricant technologies that touch nearly every moving
part of the racecar – protecting against wear and increasing efficiency and
performance. This collaboration has contributed to the advancement of Mobil 1
motor oils, gear oils and greases found in many GM production vehicles and at
auto parts retailers, mechanic shops and oil change centers across the
country.

“Our deep involvement with Chevrolet, from Corvette production models
available to consumers to the thrilling new Chevrolet Corvette C7.R, provides
a powerful platform to fully demonstrate and prove the protection and
performance benefits of Mobil 1 products,” said David Tsurusaki, strategic
global alliance manager, ExxonMobil Fuels & Lubricants. “This ongoing
partnership with Corvette Racing allows us to continue testing and developing
lubricant technologies that stand up to some of the most demanding conditions
a vehicle and an engine can experience.”

Based on the production 2015 Corvette Z06, the new C7.R boasts many of the
same cutting-edge racing technologies as its production counterpart, including
Mobil 1 motor oil.

The Corvette Racing and Mobil 1 teams will work throughout the TUDOR United
SportsCar Championship season to customize and improve the lubricant packages
for the No. 3 and No. 4 C7.Rs as they navigate the highly competitive GT Le
Mans class across a variety of tracks and racing conditions.

Last season with Mobil 1, Corvette Racing captured their second consecutive
ALMS GT team championship. The 2012 and 2013 championships build on a long
history of success for Corvette Racing that includes eight consecutive ALMS
GT1 titles from 2001 to 2008 and seven class victories in the 24 Hours of Le
Mans since 2001.

Corvette Racing’s two C7.R entries will take the green flag with the rest of
the field in the upcoming Sahlen’s Six Hours of the Glen at Watkins Glen
International. Fans can tune into the race broadcast on FOX Sports 1 on
Sunday, June 29 at 11:00 a.m. ET.

For more information about Mobil 1’s partnership with Corvette Racing, visit:
www.mobil1racing.com.

About Chevrolet

Founded in 1911 in Detroit,Chevroletis now one of the world’s largest car
brands, doing business in more than 140 countries and selling more than 4.9
million cars and trucks a year. Chevrolet provides customers with
fuel-efficient vehicles that feature spirited performance, expressive design,
and high quality. More information on Chevrolet models can be found
atwww.chevrolet.com.

About Mobil 1 in Motorsports

The Mobil brand’s history in motorsports officially began in 1979 with a
sponsorship of Williams Formula One Racing Team. From that time, the presence
of Mobil 1 technology on race tracks and circuits has grown by global
proportions. Today, Mobil 1 synthetic motor oil is relied on for its ability
to deliver exceptional engine performance and protection even under some of
the most extreme conditions by team owners and many of the world’s leading
automotive manufacturers.

Along with its status as the Official Lubricant Technology Partner of NASCAR,
Mobil 1 enjoys a long association with many of world's most popular and
successful race teams as well as many grassroots race teams, including
Stewart-Haas Racing in NASCAR’s Sprint Cup Series, McLaren Mercedes’ Formula
One team, Corvette Racing’s TUDOR United SportsCar Championship series team,
Tyler McQuarrie Racing, Falken Tire Formula DRIFT and TUDOR UnitedSportscar
Championship series teams, Tony Stewart Racing in the World of Outlaws Sprint
Car Series, 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 our conventional motor oils. This
technology allows Mobil 1 to meet or exceed the toughest standards 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.

For more information, visit mobil1.com and, on Facebook,
www.facebook.com/mobil1.

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

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Contact:

ExxonMobil Media
Christian Flathman, 703-846-4467
or
Weber Shandwick
Andrew Starr, 314-552-6724
 
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