This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Quaker Chemical Races Into The Motor City With Rising Star Newgarden





 

CONSHOHOCKEN, Pa., June 1, 2012 /PRNewswire/ -- The IZOD IndyCar Series returns to Belle Isle Park in Detroit, Michigan this Sunday, June 3, 2012, after a three year absence for the Chevrolet Detroit Belle Isle Grand Prix. Quaker Chemical, an official sponsor and technical partner of Sarah Fisher Hartman Racing (SFHR) supports the #67 SFHR entry of rookie driver Josef Newgarden as he seeks to continue his impressive debut season.

(Photo: http://photos.prnewswire.com/prnh/20120601/PH17694 )

Although Quaker Chemical is headquartered in Conshohocken, Pennsylvania, just outside of Philadelphia, the Motor City is a second home to Quaker since the company is a leading supplier of a range of premium lubricants, coolants, hydraulic fluids, and greases that provide a "start to finish" solution for the world's leading automotive manufacturers.

"Quaker has a long-standing relationship with the automotive industry and we are extremely excited to bring this technology to the IZOD IndyCar Series," said Joe Berquist, Quaker VP and Managing Director North America. "Our partnership with Sarah Fisher Hartman Racing builds on more than 90 years of technology leadership. Quaker is focused on one goal: creating more value for our customers."

Newgarden made headlines in practice and his qualifying trials for the Indianapolis 500 on May 27, 2012, by posting the fastest speed on three of six practice days and putting the only Honda-powered car into the Fast Nine final segment of Pole Day time trials. Newgarden ultimately recorded the 7th fastest time, setting a start on the inside of row three, ahead of many IndyCar veterans.

The tight and twisty 2.1 mile, 14-turn Belle Isle circuit, offers a unique racing experience to the IndyCar drivers in contrast to the 2.5-mile Indianapolis Motor Speedway oval. "I'm interested to see what happens, because I think it feels weird going into a street circuit after being on an oval for a long time. Everything you're doing in the car feels completely different. Now that things are back to a street circuit setting it takes a while to feel normal," said Newgarden.

Newgarden is ready for the challenge, he notes that, "You've got to give yourself four to five laps to re-adjust to the street circuit feel. I think we'll be able to adjust really quickly as a team, but I think it will be interesting to see which teams get on top of it the quickest."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,888.15 -247.57 -1.37%
S&P 500 2,070.82 -30.22 -1.44%
NASDAQ 4,926.43 -56.3790 -1.13%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs