For Immediate Release:

In response to today’s announcement by Penske Racing, Ralph Gilles, President and CEO – SRT Brand and Motorsports, offered the following statement:

February 29, 2012 , Auburn Hills, Mich. -  "Dodge has enjoyed a successful partnership with Penske Racing for 10 years. It's a partnership that has produced results for both parties on and off the track. Roger (Penske) has made a business decision to accept an offer with another manufacturer. We wish Roger and Penske Racing much success in the future.

"We are committed to work with Penske Racing to compete at the highest level, win races and contend for championships this season.

“Our motorsports involvement isn't limited to NASCAR. We do value our NASCAR program and will be evaluating the opportunities available moving forward. As those opportunities materialize, we'll reveal our 2013 plans, not only in NASCAR but in other forms of motorsports."