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TheStreet Open House

Hertz Gets Ready To Take On The Monster Mile

Stock quotes in this article: HTZ

PARK RIDGE, N.J., May 31, 2013 /PRNewswire/ --  Hertz (NYSE: HTZ) announces its entry into NASCAR with this weekend's debut of the No. 22 Hertz Ford Mustang in the Nationwide Series at Dover International Speedway. At the helm is Joey Logano, who won both of the NASCAR Nationwide Series events at Dover last season. Logano has finished fourth, third and second in his three Nationwide Series races this year. To celebrate its debut, Hertz is offering Joey Logano, Penske Racing and NASCAR fans discounted rates of up to 22% off their Hertz rental.

(Logo:  http://photos.prnewswire.com/prnh/20110810/NY50373LOGO)

"Hertz is excited for our debut with Penske Racing in the Nationwide Series," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "Dover is a formidable race track, however we're confident that Joey Logano will be able to bring home a first place win for the team while driving at the speed of Hertz."

Since making his season- and Penske Racing-debut in the NASCAR Nationwide Series just a few weeks ago at Talladega Superspeedway, Logano has racked up strong finishes behind the wheel. Logano has helped move the No. 22 up in the Owner's Standings from sixth to third since he took over the ride. Logano comes into the Dover race weekend as the winner of the last two Dover Nationwide Series events. Logano won both races at the high-banked, mile-long track last season, leading 338 of the 400 laps over the two events. He also has a pair of poles at the track, as well as two runner-up finishes. Logano made his much anticipated Nationwide Series debut just a week after his 18th birthday in 2008 at Dover, where he started ninth and finished sixth.

"Dover International Speedway is one of my favorite tracks and I'm excited to be driving the No. 22 Hertz Ford Mustang this weekend," commented Penske driver Joey Logano. "The track has a lot of speed and g-load through the corners. We've had some pretty good success there over the years.  I'm confident that the chemistry the team has been building will serve us well this weekend."

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