TurnOnGreen Sponsors Paretta Autosport for INDYCAR’s Firestone Grand Prix of Monterey

TurnOnGreen, Inc., a prominent player in the green energy technology and power supply industry and a subsidiary of BitNile Holdings, Inc. (NYSE American: NILE), has made a significant announcement today. They have proudly declared their position as the primary sponsor of the No. 16 Paretta Autosport Dallara Chevrolet in the forthcoming Firestone Grand Prix of Monterey. This highly anticipated event is scheduled to take place from September 9th through September 11th. The company’s sponsorship further underscores its commitment to sustainable practices and energy-efficient solutions.

The NTT INDYCAR Series season finale at WeatherTech Raceway Laguna Seca in Monterey, California, marks the fourth race of 2022 for Paretta Autosport and its driver, Simona De Silvestro. The Swiss native, also known as the “Iron Maiden,” is ready to bring her best to the track. Paretta Autosport stands out in the NTT INDYCAR Series as the only team that is female-owned, female-driven, and female-forward. The team continued the trend that they established with their groundbreaking 2021 Indianapolis 500 effort, with a team comprising of more than 65% women, including over-the-wall crew members. Their dedication to creating a diverse environment within their team has helped generate interest in STEM through the medium of racing, inspiring many young women across the globe.

“We are pleased to have TurnOnGreen come on board as our primary sponsor for the NTT INDYCAR Series season finale which enabled us to add one more race to our 2022 calendar,” said Beth Paretta, CEO and team principal of Paretta Autosport. “Adding a fourth race this season not only strengthens Simona’s and our team’s breadth of knowledge and experience, but it reinforces our goal of continual growth as we look towards an even more robust 2023 season.”

“TurnOnGreen is an emerging company in the scalable electric vehicle supply and e-Mobility sector, women are making decisions in these areas more and more, so it’s a win-win situation for all,” Paretta continued. “As a Northern California-based company, partnering with them for the Laguna Seca race was the perfect venue to showcase our team to them in their own backyard. We look forward hosting them and their guests and showing them what INDYCAR racing is all about.”

“We are excited to promote women in sport, green energy technology, and e-Mobility,” said Amos Kohn, Chief Executive Officer at TurnOnGreen. “Through our sponsorship, we hope to provide the INDYCAR Series fan base and other corporate sponsors with a reliable source of energy efficient, state-of-the-art EV charging and custom power solutions for their homes and businesses.”

TurnOnGreen, along with its subsidiary, Digital Power Corporation, is a renowned name for providing advanced, tailored power and green energy solutions to meet the requirements of the most demanding industries globally. They work diligently to serve a wide variety of sectors, always striving to deliver reliable and efficient services. Dedicated to promoting greener living, TurnOnGreen has embarked on a mission to construct a robust network of public and private electric vehicle charging stations across the United States and Canada. This endeavor reflects their unwavering commitment to sustainable development, aiming to facilitate a hassle-free switch to electric vehicles and thus, contribute to a cleaner, greener environment.

For more information on TurnOnGreen’s product line, please visit www.TurnOnGreen.com.