Mar 23, 2023
Sebastian and Oliver Wheldon gain support from Gainbridge as they continue to grow in motorsport and climb the racing ranks
INDIANAPOLIS (March 23, 2023) – Andretti Autosport announced today that Gainbridge has joined the team’s junior driver efforts by pledging support in the development of the careers of Sebastian and Oliver Wheldon. Sebastian, 14, and Oliver, 12, will carry Gainbridge branding into their 2023 racing endeavors as they continue to build upon the legacy set by their father, the late Dan Wheldon.
Gainbridge, along with parent company Group 1001, is in its sixth year of sponsorship with Andretti Autosport, and its fifth season being represented in the NTT INDYCAR SERIES. Gainbridge is a digital platform providing simple and direct access to trusted financial products to help clients grow their money for goals big and small, not just for retirement. The products Gainbridge offers provide three key benefits: steady growth, simplicity and transparency. Outside of the Andretti partnership, the Gainbridge brand is present with relationships across sporting properties including Indianapolis’ Gainbridge Fieldhouse supporting the Pacers and Fever, LPGA’s THE ANNIKA driven by Gainbridge at Pelican, Parity Now and NASCAR’s Rev Racing.
In 2021, Andretti announced an expansion to the team’s development efforts with the addition of brothers Sebastian and Oliver Wheldon as junior drivers. Throughout its history, Andretti Autosport has been committed to developing driver, crew and engineering talent across its wide range of operations. The Wheldon brothers now receive oversight and career guidance from Michael Andretti and the Indianapolis-based team where the late Dan Wheldon recorded his first Indy 500 victory in 2005. Andretti Autosport has helped bring dozens of drivers through the ranks of open-wheel racing through their Road to Indy efforts dating back to 2005.
MICHAEL ANDRETTI, CHAIRMAN & CEO, ANDRETTI AUTOSPORT
“We announced in 2021 that we’d be helping Sebastian and Oliver to climb the ranks and develop their careers, and I’m very happy to welcome Gainbridge as a supporter in their growth. Both boys have continued to impress us through their karting competition, and Sebastian recently completed a successful test day in an F4 car. They are on the right track and we have no doubt they will continue to positively build the legacy set by Dan.”
“I am so grateful to Michael and the Andretti Autosport organization. The junior ladder system in formula racing can be difficult to navigate and it’s overwhelming at times. To now have the support of Gainbridge is a game changer. For the boys to have a partner that is invested in their future as racing drivers is incredible. A huge thank you to Dan Towriss and the entire Gainbridge team. It is exciting to see Sebastian and Oliver progress through the ranks and this brings them one step closer to realizing their goals.“
“I’ve been working really hard and this year I ready to move out of karts and into cars. It’s a big transition, but I’m excited. I couldn’t do any of it without the support of my family and without sponsor like Gainbridge joining us. I want to thank Michael and Mr. (Dan) Towriss for believing in me. I am looking forward to the year ahead and learning a lot.”
“I’m super excited to be part of the Gainbridge team and for the year ahead in karting. I think Andretti Autosport and Gainbridge can help me a lot as I work to become a professional racing driver. Thank you to Mr. Towriss and everyone at Gainbridge. I will continue to work hard to win at the karting level and look forward to what’s ahead.”
About Andretti Autosport
Led by racing legend Michael Andretti, the team fields multiple entries in INDYCAR, INDY NXT, IMSA and Formula E; and has collaborations in Extreme E as Andretti Altawkilat Extreme E, Mexico SuperCopa series as Andretti Jourdain Autosport and Australian Supercars as Walkinshaw Andretti United. The global racing enterprise boasts over 250 race wins, four INDYCAR Series championships, five INDY NXT titles, one Indy Pro 2000 and one USF2000 championship, a Silver Class GT4 championship and has captured victory five times at the famed Indianapolis 500-Mile Race. The team also holds two X Games Gold Medals and five U.S. rallycross championships.
To share in the Andretti story, please visit online at AndrettiAutosport.com and follow on social media with #AllAndretti.
Gainbridge is Group 1001’s insurtech subsidiary through which we strive to offer products on the platform that are simple, intuitive, and backed by smart technology with no complexity or hidden fees. Gainbridge empowers consumers to take control of their financial future with solutions that are accessible to everyone no matter their budget or financial knowledge. Gainbridge’s digital-first distribution model underpins our mission to reach all communities, including those that have been historically underserved by our financial system.
ABOUT GROUP 1001
Group 1001 is a technology-driven financial services company with a mission to empower our customers, employees, and communities by making innovative products accessible to everyone. We strive to demystify how insurance and annuity products are purchased today by leveraging technology to provide intuitive financial solutions for all Americans. As part of our mission, we invest in strategic partnerships to connect with and transform communities through education and sports. As of June 30, 2022, Group 1001 had combined assets under management of $57.5 billion and comprises the following brands: Delaware Life, Gainbridge, Clear Spring Health, Clear Spring Insurance, and Clear Spring Life.
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