India’s energy major IndianOil, is thrilled to announce the partnership with Two Wheels Motor Racing as the "Official Fuel Partner" for the prestigious FIM (Federation Internationale De Motocyclisme) Asia Road Racing Championship (ARRC) over a span of three years, from 2024 to 2026.
Founded in 1964, the oil corporation owned by the Ministry of Petroleum and Natural Gas, Government of India is the largest government-owned oil producer by capacity and revenue. The corporation is listed in the Fortune 500 list of world’s largest corporations as of 2023. The partnership will implement the agreement between TWMR and IndianOil from 2024 to 2026.
Speaking on the occasion, Mr. Shrikant Madhav Vaidya, Chairman IndianOil said “As we embark on this exhilarating partnership with TWMR for the FIM Asia Road Racing Championship, IndianOil is proud to fuel the fast lanes of motorsport with our cutting-edge 'STORM-Ultimate Racing Fuel'. The fuel stands as a symbol of innovation and excellence, embodying our relentless pursuit of developing specialised fuels that meet stringent international standards. This collaboration marks a significant step in strengthening the 'Make in India' initiative on the global stage."
Ron Hogg, Promotions Director of TWMR said, “The partnership with IndianOil, one of the largest oil corporations in the region and globally is a huge milestone in the motorsports industry. The championship which places emphasis on production motorcycles has been a fundamental platform for many Asian and international manufacturing brands in displaying the capacities of their products, even more so with Asian being the biggest market for end-users. With IndianOil marking their presence in ARRC for the next three seasons, we foresee greater expansion in terms of projected volume and return on investment for all our partners who are directly and indirectly involved in the championship. The strategic investment, I believe, would go a long way in serving the needs and demands of the industry and the community while also helping us achieve our long-term goals especially in extending our brand presence to a broader demography.”
Round 1 of ARRC will commence on 15th March 2024 at Chang International Circuit and will see through a six-round championship calendar in five different countries within the Asian region including China, Japan, Indonesia and Malaysia.