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Castroneves backed by Cleveland-Cliffs for Indy 500 effort
Helio Castroneves, aged 48, is aiming to make history by becoming the first driver ever to secure five victories in the prestigious Indianapolis 500 race. He achieved his fourth Indy 500 win in 2021 with Meyer Shank Racing, matching the record set by legends AJ Foyt, Al Unser Sr., and Rick Mears as the only four-time winners of the event. Cleveland-Cliffs, North America’s largest flat-rolled steel company, partnered with MSR in 2022, not only supporting Castroneves but also sponsoring full-time entries driven by Tom Blomqvist and Felix Rosenqvist.
Team co-owner Mike Shank praised Cleveland-Cliffs for their strong integration and support, emphasizing the company’s significant impact on the team’s performance through actual product contributions. The partnership extends beyond branding, with Cliffs supplying essential components for the Indy cars and race infrastructure. Lourenco Goncalves, Chairman, President, and CEO of Cleveland-Cliffs Inc., expressed pride in the collaboration with MSR and Castroneves, highlighting the shared values of teamwork and determination in pursuit of a historic fifth Indy 500 win. The partnership not only showcases the excitement of elite racing but also celebrates Indiana’s steel industry heritage, underscoring the significant role both industries play in the state’s economy and culture.
