Rocket Mortgage to sponsor first all-female team at Indianapolis 500

DETROIT – Rocket Mortgage will be sponsoring Simona D Silvestro’s No. 16 Chevrolet at this year’s Indianapolis 500.

Rocket Pro TPO, the division of Detroit-based Rocket Mortgage which works exclusively with independent mortgage brokers, will serve as the primary sponsor of the No. 16 Chevrolet.

Silvestro’s car represents a groundbreaking achievement in INDYCAR as the first-ever entrant in the Indianapolis 500 from a team that is female-owned, female driven and largely female crewed. Paretta Autosport said Rocket Pro TPO will be front-and-center with dominant branding on the car, firesuit and crew suits.

This year’s race is scheduled for Sunday, May 30.

“Having Rocket Pro TPO come onboard as our primary sponsor for this year’s Indy 500 is a perfect partnership,” said Beth Paretta, CEO/team principal of Paretta Autosport. “We are both huge proponents of highlighting the power of women, while also using technology and speed to be the best at what we do. I cannot wait for what we will be able to accomplish as a team -– both on and off the track.”

Paretta Autosport’s formal entry into the 2021 Indianapolis 500 was recently accepted. The team is an extension of the INDYCAR series’ “Race for Equality and Change” announced last July to broaden equality in the sport.

Owner Beth Paretta lives in the Detroit area while her Paretta Autosport has a technical alliance with Team Penske.

Full Screen1 / 8

Previous photo

Next photo

FILE - In this May 12, 2015, file photo, driver Simona de Silvestro, of Switzerland, watches during practice for the Indianapolis 500 auto race at Indianapolis Motor Speedway in Indianapolis. Beth Paretta and Simona de Silvestro will be teaming up to put another woman on the Indianapolis 500 starting grid this May. On Tuesday, Jan. 19, 2021, Paretta Autosport and IndyCar officials announced they would work together to put a predominantly women-run team in the series' biggest race as part of an outreach to create more diversity in motorsports. (AP Photo/Darron Cummings, File)