Tanger to make NASCAR debut with Truex at Richmond

DENVER, Colo. (Aug. 25, 2016) — Tanger Outlets (NYSE:SKT) will be the primary sponsor on Martin Truex Jr.’s No. 78 Furniture Row Racing Toyota for the Federated Auto Parts 400 Saturday night Sept. 10 at Richmond International Raceway.

The red, black and gray paint scheme that will be adorned on Truex’s Tanger Outlets Toyota Camry will be showcased at NASCAR’s final Sprint Cup Series race before the 10-race Chase playoffs begin.

The sponsorship will be the first NASCAR involvement for Tanger Outlets. Headquartered in Greensboro, N.C., Tanger Factory Outlet Centers operates and owns, or has ownership interest, in 43 upscale outlet shopping centers located coast to coast in 21 states and Canada. More than 185 million shoppers visit the Tanger Outlet Centers annually.

"Tanger Outlets is known for its competitive spirit and partnerships with winning brands," said Steven B. Tanger, president and chief operating officer of Tanger Outlets. "The Furniture Row Racing team sponsorship allows us to team up with another best in class NASCAR brand and support Martin Truex Jr.'s efforts to reach Richmond’s Victory Lane."

Truex, who already has clinched a Chase berth, said he is proud to be the first NASCAR driver with the Tanger Outlet sponsorship.

“I take a great deal of pride that Tanger Outlets has chosen our Furniture Row Racing team for its first sponsorship venture in NASCAR," said Truex. “It’s an honor to have a successful, high profile company be part of our team. The Tanger Outlets company has been a winning business story for decades and having its name on our car will give us even more incentive to get to Richmond’s Victory Lane."

Furniture Row Racing