INDIANAPOLIS – Juncos Racing’s storybook Month of May just got better. On Wednesday, they announced that 250ok, an Indianapolis- based email intelligence platform, would be the primary sponsor for Kyle Kaiser’s No. 32 Chevrolet entry for the 103rd Running of the Indianapolis 500 presented by Gainbridge.
That comes three days after Kaiser put a freshly prepared backup car into the show while bumping out Fernando Alonso as a result.
Team owner Ricardo Juncos said, “We are thrilled to announce a highly innovative company like 250ok has joined our effort and will be our primary sponsor for the No. 32 Juncos Racing Indy 500 entry. When Greg (Kraios, CEO of 250ok) offered to support us, and we were connected over our personal journeys, we knew this sponsorship was meant to be. We both share the same values, commitments and goals, and I look forward to building our relationship with the 250ok team.”
Kraios, wanted to come on board when he heard of how the team was fighting as hard as they could but needed a sponsor. See, Juncos Racing had sponsors already lined up for the ‘500. But, 24 hours before hitting the track for opening day, those sponsors backed out. That left Kaiser’s car to be stripped of all the color and have to practice in a plain white machine. Then, that car was destroyed in a Fast Friday practice crash in Turn 3 which left the team’s aspirations of qualifying last weekend in doubt.
“After hearing Ricardo’s story, and knowing they were in need of a sponsor, I jumped at the opportunity,” said Kraios. “From our similar upbringings, supporting his hardworking and odds-defying team felt like a personal calling.”
Juncos, had an incredible story following the crash. They pulled in all 45+ workers to help overnight. Not only did they not sleep, they were able to rebuild the car and have it ready for practice less than 24 hours later. Unfortunately though, this car wasn’t as fast as the primary. So, after not being quick enough for one of the 30 guaranteed spots on Saturday, they went back to work to get the car ready for the Last Row Shootout on Sunday. While the team was facing another all nighter, Juncos sent everyone home early in the morning hours of Sunday for rest. They knew rain was in the forecast for Sunday morning and that qualifying would likely be delayed.
So, the team showed up Sunday morning somewhat refreshed and instead of being ready for the 10:15 a.m. ET practice session, they went to work on massaging the car to be ready for their qualifying attempt whenever it would happen next.
Kaiser, was the last qualifier of the Last Row Shootout. It came down to him vs. Alonso. He narrowly got it done. Now, they gained a sponsor back.
Kraios, who grew up in Speedway, Ind., as a lifelong race fan, identified deeply with team founder Juncos’ story of working up from humble beginnings in Argentina to becoming an owner of an NTT IndyCar Series team. Kraios experienced a similar journey, growing up in a working-class Indiana neighborhood, ultimately working at ExactTarget (now Salesforce) before founding his own technology company.
This wasn’t the only sponsorship news of the day. In fact, they secured THREE more sponsors for their program.
On Wednesday evening, Juncos also announced that both NFP and Global Medical Response (GMR) have both agreed to join the team for Indy as well.
“Since our relationship began in 2018, NFP has demonstrated an unwavering commitment to our partnership – beginning with last year’s Indy 500, to this year’s Circuit of the Americas and now the 103rd Running of the Indy 500,” said Team Owner Ricardo Juncos. “To say the last couple of weeks have been a test of our resilience would be an understatement. To be able to rely on partners like NFP means the world to us at Juncos Racing. We have seen firsthand NFP’s exceptional culture, commitment to employees and clients, and determination to maximize and push the boundaries of what’s possible. It’s partners like NFP and GMR that have helped to drive our mutual success.”
“We’re delighted to continue our strong partnership with Juncos Racing and Kyle Kaiser for the Indy 500,” said Chairman and CEO of NFP, Doug Hammond. “Just as NFP is passionate about going the extra mile for our employees and clients, Juncos is passionate about going above and beyond to succeed on the sport’s biggest stage. We wish Kyle and the entire Juncos team all the best at the Brickyard later this week.”
NFP first partnered with Juncos Racing at the 102nd Running of the Indy 500 on rookie Kyle Kaiser’s No. 32 entry. Earlier this year the partnership between Juncos Racing and NFP continued at the INDYCAR Classic at the Circuit of the Americas on Kyle Kaiser’s No. 32 NTT IndyCar Series entry.
The values and beliefs that parallel between NFP and Juncos Racing are what make this partnership unique and collaborative. Just as competitive racing requires split-second decision making to size up risk and capitalize on opportunities, NFP, an industry leader in property and casualty insurance, corporate benefits and retirement solutions, applies a similar analytics-driven, hyper-focused approach for its sports and entertainment clientele to safeguard their most important assets. This same spirit of collaboration, teamwork, determination and humility epitomizes the shared values of both organizations, propelling Kaiser’s momentum going into the big racing weekend.
“We are excited to partner with NFP and Juncos and to support Kyle at the Indy 500,” said GMR President and CEO Randy Owen. “Global Medical Response companies have a long history of being involved with motorsports through our ground and air medical safety teams. This is the second year our involvement as the AMR IndyCar safety team and are providing onsite medical support for drivers and fans at the Indy 500 this year.”
Then, on Thursday morning, another sponsor came on board.
Hagerty will sponsor the car too. Hagerty is the worlds largest specialty insurer of collector vehicles and publisher of Hagerty magazine.
Juncos Racing Team Owner Ricardo Juncos said, “We are excited and humbled by a trusted company like Hagerty choosing Juncos Racing as its partner for the Indy 500. Hagerty shares a passion for motorsports through its automotive lifestyle brand and its connection to its members. Its companies like Hagerty that stepped in to protect our ability to make a run in the Indy 500 as they focus everything they do around the love of driving and thrill of racing. We are truly grateful that they chose to honor our hard work by partnering with us for this race.”
“We are excited to be a part of Juncos Racing as Kyle returns for a second year at the Indy 500,” said Chandler McCallum, head of Motorsport Marketing for Hagerty. “We will be broadcasting live updates directly to our members to cheer him across the finish line.”
The partnership between Juncos Racing and Hagerty brings together the passion for racing, and the protection of driving for automotive enthusiasts.