IndyCar team owner Beth Paretta plans to compete in three races this season.

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

Rocket Mortgage to sponsor all female team with Detroit ties at the Indy 500DETROIT – Rocket Mortgage will be sponsoring Simona D Silvestro’s No. 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. Paretta Autosport said Rocket Pro TPO will be front-and-center with dominant branding on the car, firesuit and crew suits. “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. Owner Beth Paretta lives in the Detroit area while her Paretta Autosport has a technical alliance with Team Penske.