INDIANAPOLIS, Tuesday, Nov. 18, 2008 – In an effort to communicate the many options in which ethanol can be produced and to enhance its position as a global commodity, the IndyCar Series -- which has been at the forefront of the greening of racing and embraced renewable fuels since 2006 -- has announced a partnership with APEX-Brazil making the trade promotion agency the official ethanol supplier to the IndyCar Series beginning with the 2009 season.
The multi-year deal names APEX-Brazil an official partner of the Indy Racing League and the Indianapolis 500, which includes cooperation from UNICA (the Brazilian Sugarcane Industry Association) to identify those interested in supplying ethanol to the series. Initially, UNICA will look to partner with a U.S.-based ethanol company to supply the IndyCar Series with corn-based ethanol.
One of the primary messages of the new partnership is that regardless of the sources used in the production of ethanol - corn, sugarcane, or various cellulosic materials in the future - the end product is identical, a clean, renewable bio-fuel that reduces dependence on fossil fuels and can combat one of the major causes of climate change.
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