Celebrating a back-to-back win at the 2024 Indianapolis 500
Josef Newgarden wins his second consecutive Indianapolis 500, as the NTT INDYCAR Series continues their sustainability journey.
Josef Newgarden and Shell Eco-marathon students talk innovation on the track
Read the transcript
Read the transcript
Title: Shell Eco-marathon: Josef Newgarden x Greater Racing
Duration: 03:47
Description: Team member Jordan talks to INDYCAR driver Josef Newgarden about the ideas behind Shell Eco-marathon and her motives for taking part
SEM Josef Newgarden x Greater Racing – Accessibility transcript
[Background music]
Up-tempo music
[Visuals]
Opens on a montage of track and exterior shots before cutting to multiple shots of team members walking together. Then cuts to yellow Shell transition
[Text displays]
#ShellEcoMarathon
[Visuals]
Transitions to shot of ‘Gasoline Alley’ before cutting to Jordan
Jordan:
Hi, I'm Jordan, I'm on the Greater racing team based in Lafayette, Indiana…
[Text displays]
Jordan
Great racing team
Greater racing team
[Visuals]
Cuts to Jordan in and other team members around black vehicle
[Text displays]
Lafayette, Indiana
Jordan voiceover:
…and I'm so excited to be…
[Visuals]
Cuts to team members standing outside around vehicle before cutting to shot of stands, with a layered montage of 3x shots of team members and vehicle
[Text displays]
Indianapolis Motor Speedway
Shell Eco-marathon
Jordan voiceover:
…back here at IMS where we were just competing for Shell Eco-marathon.
[Visuals]
Cuts to Jordan
Jordan:
And today we're gonna meet someone pretty cool doing some pretty cool things at the track today too.
[Visuals]
Cuts to 3x shots of cars running along track with large crowd before cutting to Josef
Josef:
Hi everyone, I'm Josef Newgarden, INDYCAR Driver for Team Penske.
[Text displays – name strap]
Josef Newgarden
INDYCAR Driver, Team Penske
[Visuals]
Cuts to closeup of vehicle and tyres before cutting to team member working with tyres. Then cuts to Jordan and other team members standing with Josef
Josef voiceover:
Okay, so you gotta fill me in on Shell…
[Visuals]
Cuts to Josef and team members standing around black vehicle
Josef:
…Eco-marathon. Like…
[Visuals]
Cuts to Jordan standing next to vehicle
Josef voiceover:
…what are you trying to achieve?
[Visuals]
Cuts back to Josef
Josef:
How far are you trying to go and…
{Visuals]
Cuts to team members working on black vehicle
Josef voiceover:
…what's your energy source?
Jordan voiceover:
Shell Eco…
[Visuals]
Cuts to another shot of team members working on vehicle
Jordan voiceover:
…-marathon is a competition…
[Visuals]
Cuts to exterior shot with layered montage of 3x shots of team members working on black vehicle
[Text displays]
Build from scratch
Jordan voiceover:
…where you have a car that you build from scratch…
[Visuals]
Cuts to black vehicle running along track
[Text displays]
Go as far as possible
Jordan voiceover:
…and its main goal is to just go as far as possible…
[Visuals]
Cuts to closeup shot of vehicle being worked on
[Text displays]
with as little energy as possible
Jordan voiceover:
…with as little energy as possible.
[Visuals]
Cuts to Josef and team members standing around vehicle
Jordan:
That's the target, okay. I love that.
[Visuals]
Cuts to black vehicle running along track
Jordan voiceover:
To date, our best fuel economy has been…
[Text displays]
Best fuel economy
[Visuals]
Cuts back to Josef, Jordan and team members standing around vehicle
Jordan:
…2,037 miles to the gallon.
[Text displays]
2,037 miles to the gallon
[Visuals]
Slightly tighter shot on Josef and Jordan
Josef:
(Laughs) Oh my goodness.
Jordan:
Err, so, yeah.
[Visuals]
Cuts to Jordan and other team members walking outside, carrying black vehicle
Josef voiceover:
So, you're not necessarily trying to do it the quickest?
[Visuals]
Cuts to exterior shot with layered montage of 3x shots of team members and vehicle before cutting to black vehicle running along track
[Text displays]
Max: 25mph
Jordan voiceover:
At max, I usually only get about 25 miles an hour and then I just coast.
[Visuals]
Cuts to red and yellow vehicle inside garage setting with multiple team members standing around
Josef voiceover:
This is my car over here.
[Visuals]
Cuts to shot of red and yellow vehicle’s exhaust pipes and inner workings before cutting to closeup shot of a tyre. Then cuts to said vehicle running along track
Josef voiceover:
Shell team Chevy number two car. We were able to drive very close to this exact same car to victory last year
[Visuals]
Cuts to large crowd and people waving chequered flags before cutting to red and yellow vehicle running along track again with Josef punching the air from inside vehicle
Josef voiceover:
…which was my first win at the Indianapolis Motor Speedway. We've done a lot of work…
[Visuals]
Cuts to Josef, Jordan and other team members standing around red and yellow vehicle
Josef:
…on trying to find speed in different ways with this car. You know…
[Visuals]
Cuts to multiple vehicles running along large track with huge crowds in stands before cutting to shot of team members working on red and yellow vehicle
[Text displays]
Efficient use of speed
Josef voiceover:
…similar to what you guys do, we're trying to find efficient use of speed. When you start going 230 plus miles per hour, even just finding a…
[Visuals]
Cuts to two vehicles running along track
Josef voiceover:
…couple tenths of a mile per hour is like a big deal around here.
[Visuals]
Cuts to closeup of yellow vehicle before cutting to red and yellow vehicle running along track
[Text displays]
Renewable Race Fuel
*The Renewable Race Fuel is blended from components derived from bio-waste that meet the renewable fuel definition in the Renewable Fuel Standard. The definition for renewable fuel can be found here: eCFR: 40 CFR Part 80 Subpart M – Renewable Fuel Standard. The Renewable Fuel is not available at Shell retail stations.
Josef voiceover:
Now, we're running renewable race fuel, so that's the other big change that we've coming from last year. Everybody in the field in INDYCAR is running…
[Text displays]
Renewable Race Fuel
Josef voiceover:
…renewable race fuel…
[Visuals]
Cuts to another shot of vehicles running along track with a large crowd before cutting to closer shot of red and yellow vehicle
Josef voiceover:
…and we didn't lose any performance. I thought that was an impressive feat, especially when they're running…
[Text displays]
Didn’t lose any performance
[Visuals]
Cuts to multiple vehicles running along track before yellow Shell transition into driver getting into black vehicle. Then cuts to black vehicle running along track
[Text displays]
#ShellEcoMarathon
Josef voiceover:
…230 plus miles per hour. This blows my mind that…
[Visuals]
Cuts to Jordan, Josef and other team members standing around black vehicle
Josef:
…you're just like…
Jordan:
Yeah
Josef:
…hanging out.
Jordan:
Yeah, my head is literally right here and I look in between…
[Visuals]
Cuts to shot of Jordan inside vehicle
Jordan voiceover:
…my feet.
Josef:
Yeah. Wow, very cool.
[Visuals]
Cuts to Derik and other team members standing inside garage-type setting
[Text displays]
Derik
Derik:
What was it like to win the INDY 500?
[Visuals]
Cuts to shot of track with large crowds before cutting to Josef getting out of red and yellow vehicle celebrating
[Text displays]
Amazing
Greatest day in my life
Josef voiceover:
It was amazing. It was the greatest day in my life.
[Visuals]
Cuts to exterior garage shot with layered montage of 3x shots of Josef celebrating with crowd and other people/team members
[Text displays]
Coolest race in the world
Josef voiceover:
I, I that's the only way I can describe it. It's the coolest race in the world. It's the coolest…
[Visuals]
Cuts to Josef
Josef:
…celebration I'll ever have.
[Visuals]
Cuts to Josef standing on red and yellow vehicle, celebrating with crowds and other people around him
Zack voiceover:
When it comes to your love for motorsports, is there any defining…
[Visuals]
Cuts to Zack and other team member
Zack:
…moments that comes to mind when you think of where your love for the sport came from?
[Text displays]
Zack
[Visuals]
Cuts to Josef
Josef:
Purely when I was a kid, I just loved speed of on objects, so it was like anything that's going fast I was interested in, especially…
[Visuals]
Cuts to team members working on red and yellow vehicle in garage-type setting before cutting to closeup of Shell logo on same vehicle. Cuts to 2x shots of red and yellow vehicle on track
Josef voiceover:
…motor vehicles. And then the more I been in racing, the more I've…
[Visuals]
Cuts to another 2x shots of team members working on red and yellow vehicle
[Text displays]
Fallen in love with the process of racing
Josef voiceover:
…fallen in love with the process of racing and it's very much…
[Visuals]
Cuts to shot of multiple vehicles running along track with large crowds watching on, before cutting to closer shot of red and yellow vehicle running along track
[Text displays]
Finding a solution for a problem
Josef voiceover:
…what you guys are doing. It's about finding a solution for a problem all the time.
[Visuals]
Cuts to exterior shot of empty stands and Shell Eco-marathon banner flag before yellow Shell transition
[Text displays]
#ShellEcoMarathon
Josef voiceover:
What did you take from Shell Eco-marathon and what does it tell you about the future…
[Visuals]
Transitions to black vehicle running along track
Josef voiceover:
…of the world?
Jordan voiceover:
It's a really exciting…
[Visuals]
Cuts to Jordan
[Text displays]
Exciting experience
Jordan:
…experience, just overall.
[Visuals]
Cuts to team members talking and interacting before cutting to shot of track with layered montage of 3x shots of team members working on black vehicle
Jordan voiceover:
It's fun to just hang out with your team and you're with your team for five days straight, and so…
[Visuals]
Cuts to interior shot of Jordan and other team members walking and pushing black vehicle along
Jordan voiceover:
…it really tests the strength of your team. And as for the future, seeing like…
[Visuals]
Cuts to Jordan standing next to vehicle
Jordan:
…all the technology that high school students are coming up with…
[Visuals]
Cuts to three team members talking before cutting to shot of laptop being used
[Text displays]
Great fuel economy
Jordan voiceover:
…and the fact that we were able to get such a great fuel economy as high schoolers really makes me…
[Visuals]
Cuts to four team members working on black vehicle in workshop-type setting
Jordan voiceover:
…excited for the new technology that's ever evolving in the world.
Josef voiceover:
Yeah, it's really a test bed. You know…
[Visuals]
Cuts to Josef and Jordan standing around black vehicle
Josef:
…you're testing your skills, you're finding out…
[Visuals]
Cuts to closer shot of Josef
Josef:
…you know, what resonates with you. And then there's so many…
[Visuals]
Cuts to black vehicle running along track
Josef voiceover:
…applicable forms for that in the world. So, it's very cool.
[Visuals]
Cuts back to Jordan and Josef standing around black vehicle
Josef:
Loved meeting you guys. I'm so happy you were here.
Jordan:
Nice to meet you too, yeah.
[Visuals]
Cuts to shot of Josef, Jordan and other team members posing and smiling around black vehicle
[Text displays]
#ShellEcoMarathon
[Shell endboard with logo]
Subscribe for more
#ShellEcoMarathon
© SHELL INTERNATIONAL LIMITED 2024
On May 26, 2024, 34 engines roared to life. Engines known to Indianapolis 500 enthusiasts as a celebration of automotive technology, speed and endurance. Held annually since 1911, the sport has captivated fans as talented drivers compete in a 500-mile race at the Indianapolis Motor Speedway, awed by the powerful engines that propel these race cars to incredible speeds of more than 230 mph.
For his second consecutive Indianapolis 500 triumph, Josef Newgarden climbed through the same hole in the fence as the year prior, to once again be surrounded by fans celebrating his big win.
Becoming the first back-to-back winner of the Indy 500 since Helio Castroneves 22 years ago, and giving Roger Penske a record-extending 20th win in the biggest race in the world, made this an Indy to remember.
Josef Newgarden, back-to-back Indy 500 winner"To be able to drive that race car has been a dream of mine, and to represent a great company like Shell that is powering innovation and driving sustainability for our series is something I am incredibly proud about, and I know every driver in our series is proud of"
Last year, the NTT INDYCAR Series incorporated renewable race fuel and tires containing sustainable materials to the track, helping demonstrate that reliability, drivability, and performance remain paramount on this journey to decarbonization of the sport. This year, in the series’ effort to continue to find ways to help make the sport of racing more sustainable, a new motor oil specifically formulated for INDYCAR – made with re-refined base oil2 -- was launched at the Sonsio Grand Prix and used during the Indianapolis 500 qualifying and practice weekends to gather testing and data to prove the performance on the track. Shell scientists and engineers continue to work with Chevrolet and Honda Racing Corporation on behalf of American Honda to test the products ahead of the launch of the new hybrid engines in July.
The use of re-refined base oil conserves non-renewable resources by reducing the products’ use of base oils made from primary fossil material. The re-refined base oil component used reduces greenhouse gas emissions by 50%³ compared to the base oil used in the products formulated for the 2023 NTT INDYCAR SERIES.
Cautionary note
The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. The term “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.
Forward-Looking Statements
This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ‘‘anticipate’’; ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; ‘‘will’’; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak, regional conflicts, such as the Russia-Ukraine war, and a significant cybersecurity breach; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2023 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, June 15, 2024. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.
Shell’s Net Carbon Intensity
Also, in this announcement we may refer to Shell’s “Net Carbon Intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “Net Carbon Intensity” or NCI are for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.
Shell’s net-zero emissions target
Shell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, they reflect our Scope 1, Scope 2 and NCI targets over the next ten years. However, Shell’s operating plans cannot reflect our 2050 net-zero emissions target, as this target is currently outside our planning period. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.
Forward-Looking non-GAAP measures
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Follow the Indy 500 on their sustainability journey
1 The Renewable Race Fuel is blended from components derived from bio-waste that meet the renewable fuel definition in the Renewable Fuel Standard. The definition for renewable fuel can be found here: eCFR: 40 CFR Part 80 Subpart M -- Renewable Fuel Standard. The Renewable Race Fuel is not available at Shell retail stations.
2 The re-refined base oil is created from used lubricants that undergo an advanced re-refining processes, resulting in high-quality base oil that can be used as a component to formulate new lubricant products. Generally, when oil has reached the end of its ‘useful’ life and has been drained from a vehicle or equipment, re-refining can remove depleted additives and contaminants that accumulate in motor oil during use.
3 For the purpose of claims related to the re-refined base oil component used in the formulation, references to "reduced greenhouse gas emissions" refer to "Cradle-to-Refinery Gate" emissions of the re-refined base oil component only attributed to this Pennzoil product. "Cradle-to-Refinery-Gate" includes raw materials and production of the base oil only and for the avoidance of doubt, this excludes emissions associated with other raw materials, production, distribution, a customer's use and end- of- life of the Pennzoil product specifically formulated for the 2024 NTT INDYCAR SERIES. The carbon intensity associated with re-refined base oil is calculated based on primary activity data from the producer following industry best practice guidance, including API Technical Report 1533 (Lubricants Life Cycle Assessment and Carbon Footprinting—Methodology and Best Practice). This Technical Report , published by the American Petroleum Institute, defines terminology and identifies and captures industry practices. "Cradle-to-Refinery Gate" emissions may be subject to change as a result of changes in the product specifications, changes in emission factors, or otherwise.