ExxonMobil and Porsche Expand Motorsport Technology Partnership into Formula E

7 September 2019

ExxonMobil expands its global business and technical partnership with Porsche and partners with the German luxury car manufacturer on its Formula E Series car for the 2019/2020 season. The new partnership is the first entry of ExxonMobil into electric motor sport.

From the first race in Saudi Arabia at the end of this year, ExxonMobil will supply Porsche with high-performance electric drive fluids of the brand Mobil, which were developed especially for the special requirements of electric vehicles.

"Our entry into the Formula E with Porsche is not only an extension of our successful relationship, but also an extension of a successful partnership in racing," said Russ Green, vice president of finished lubricants at ExxonMobil. "As Porsche faces the competition and demonstrates the power of its electric vehicle technology, ExxonMobil is developing a full line of Mobil brand lubricants to help Porsche's new Formula E team build on its worldwide success story in racing. Motorsport is the ultimate testing ground for developing high performance lubricants and fluids. "

Vehicles competing in electric motor sport benefit from high-performance lubricant technology that provides the special benefits required of the vehicle's battery such as electrical conductivity, cooling capability and material compatibility.

"As an important technical partner for more than 20 years, no other lubricant supplier understands the performance philosophy of Porsche like ExxonMobil," said Fritz Enzinger, Vice President of Porsche Motorsport. "ExxonMobil is not only a valuable partner to our commercial business, but also an important teammate in the hunt for victories and championships from Sebring to Le Mans. They were a natural addition to our Formula E team as we entered an exciting new era of racing for Porsche. "

The new technical partnership will complement ExxonMobil's existing range of global motorsport activities with Porsche, including the World Endurance Championships, the IMSA WeatherTech SportsCar Championship, the Porsche Mobil 1 Supercup, the Porsche Carrera Cup and numerous customer racing activities around the world.

About ExxonMobil

ExxonMobil, the largest listed international oil and gas company, uses technology and innovation to meet the world's growing energy needs. ExxonMobil has an industry-leading resource base, is one of the largest refineries and marketer of petroleum products, and its chemical company is one of the largest in the world.

About ExxonMobil in Motorsport

Racing is the ultimate testing ground for ExxonMobil and its lubricants and fuel brands to enhance the technologies we offer in oils, lubricants and fuels. Each season, our advanced products are used to improve the performance and efficiency of the vehicles. ExxonMobil's products are the lubricant of choice for many of the world's best racing teams competing in highly competitive motor racing series. The knowledge we gain through these partnerships helps our scientists and engineers push the boundaries of advanced technology development.

ExxonMobil remains in a proud partnership with Aston Martin Red Bull Racing, Stewart-Haas Racing in the NASCAR Sprint Cup Series, Porsche, Bentley and TOYOTA GAZOOO Racing in the FIA ??World Endurance Championship, Corvette Racing, Porsche North America, Lexus and Acura / Caterpillar in the IMSA WeatherTech SportsCar Championship and numerous teams participating in series races worldwide.

For more information about ExxonMobil and its brands, visit www.exxonmobil.com or follow us on Twitter at www.twitter.com/exxonmobil .

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Source: businesswire.com