Wells Fargo renews with Petty Enterprises

Wells Fargo & Company and Petty Enterprises announced today the extension of their NASCAR sponsorship arrangement. The 2007 season represents the fifth year the financial services company has sponsored Petty Enterprises, which includes the Kyle Petty and Bobby Labonte cars as well as a partnership with The King of NASCAR, Richard Petty.

Kyle Petty’s No. 45 will carry a full-car red and gold Wells Fargo paint scheme in 12 races during the 2007 season as the car’s primary sponsor, starting with the Daytona 500.

“The sponsorship has proven to be a winner for us", said Michael McCoy, group senior vice president for Wells Fargo Financial. “We’ve seen significant returns on our investment as we use the sponsorship to help build relationships with our customers, clients and dealers."