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MoneyLion Sponsoring Simona De Silvestro in Indy 500

Simona De Silvestro and Paretta Motorsports will have sponsor MoneyLion on its No. 16 Chevrolet-powered entry in the Indianapolis 500, Paretta announced March 8.

The new team is the first to have a woman-owned and -driven entry in the sport.

“We’re thrilled to align with MoneyLion because of our shared ideals,” Paretta CEO/team principal Beth Paretta said in a team release. “MoneyLion’s focus on empowering women through improved financial access and literacy is a direct parallel to our mission of helping women advance their careers. We’re pleased that MoneyLion sees the value of our women-forward racing program and greatly look forward to being a part of their ‘Women Who Roar’ campaign.”

De Silvestro has 68 career NTT IndyCar Series, though none of them have come since 2015, when she ran the Indianapolis 500 for Andretti Autosport, finishing 19th. She has one podium finish, coming home second at NRG Park Stadium Circuit in Houston in 2013.

About the author

Luken Glover joined Frontstretch in 2020 and has been a racing fan for practically his entire life. His grandfather is an avid fan and helped the late Junie Donlavey in his shop in the 1990s. That passion was passed down to Luken, who began watching NASCAR as early as he can remember. Luken is the columnist for the Underdog House on Sunday nights. In addition, he drives go-karts, is a college sophomore at Veritas Baptist College, and co-hosts the podcast "Fastrax Sports" on Podbean. Luken helps out at his church, plays tennis and basketball, coaches, and helps his former high school with athletic events.

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