IndyCar Signs Deal with Brazilian Ethanol Firm

November 19, 2008 06:00 PM
 

Pro Farmer Editors

 

Under a multi-year deal signed earlier this week, racers in the U.S. based IndyCar Series soon will be powered with Brazilian sugar can ethanol, rather than American corn-based ethanol. IndyCar officials announced a partnership with APEX-Brasil that makes Brazilian export trade agency the official ethanol supplier to the series starting with next year's 18-race schedule.

Following is the press release from APEX-Brasil:

Brazilian Ethanol will supply Formula Indy racing cars

The Brazilian Ethanol will supply the 23 races of the 2009 Formula Indy season. Negotiation is part of Apex-Brasil actions to promote Brazilian biofuel.

The Brazilian Sugarcane Industry Association (UNICA) will consult its associate enterprises in order to identify those who are interested in providing or acquiring ethanol to compose the fuel that is going to be used in Indy competitions.

Brazil is the newest ethanol provider to Formula Indy, which already uses ethanol in its cars. The negotiation with the Indy Racing League, the competition’s organizer, is being managed by the Brazilian Export and Investment Promotion Agency (Apex-Brasil). The Agreement was announced this Monday (17/11) by the Chef-Minister of the Presidential Staff Office, Dilma Roussef , in Sao Paulo, during the opening of the 1st International Exposition on Biofuels, which was also attended by the Ministers Miguel Jorge (Development, Industry and Foreign Trade), Reinhold Stephanes (Agriculture), Edison Lobão (Energy) and the mayor of Sao Paulo, Gilberto Kassab.

A Memorandum of Understanding was signed between the president of Apex-Brasil, Alessandro Teixeira, and the president of Indy Racing League, Terry Angstadt. It also occupies a sponsor place in Formula Indy, the ethanol and its productive chain will be disseminated in parallel events of the Indy Car series in the United States, Canada and Japan. The goal of Apex-Brasil is to use Formula Indy as a platform to promote other sectors with exportation potential to these markets, such as food, machinery and equipments. “The action is part of the promotion of the Brazilian biofuel as an alternative of clean and sustainable energy”, explains the Agency president, Alessandro Teixeira.

The partnership between Apex-Brasil and Indy Racing also includes media actions together with the opinion former public, including specialized journalists. The agreement that is being negotiated includes the providence of ethanol and biofuel to supply all the series of the 2009 season. The Formula Indy consumption is 120 thousand gallons of ethanol, which corresponds to 454 thousand litters, consumed in tests, warm-ups, free trainings and racing series that take place in the United States, Canada and Japan.

 


 

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