MOORESVILLE, N.C. (September 3, 2008) – Penske Racing today announced that David Stremme, 31, will pilot the No. 12 Alltel Dodge for the 2009 NASCAR Cup Series season.

Stremme is currently ranked 12th in the 2008 NASCAR Nationwide Series driver points standings after starting 24 of 27 races. Driving for Penske Racing alumnus Rusty Wallace, Stremme has posted five top-five and 13 top-10 finishes. In April 2008, Stremme was announced as an official Penske Racing test driver and has accelerated the understanding of the new NASCAR Cup Series Dodge that made its full-season debut in 2008.

“We’re pleased to have David join Penske Racing as the driver of the No. 12 Alltel Dodge,” said Roger Penske. “His past accomplishments and current experience as our NASCAR test driver, as well as his character and desire for success, make him a good fit into our culture.”

Alltel has been a longtime partner of Penske Racing, and the near-decade association between the two organizations has produced impressive results with 23 victories and 55 pole positions in Cup, Nationwide and ARCA. Stremme is only the second driver in Penske Racing history to wear the Alltel blue-and-white.

“Alltel is proud to welcome David into our ‘Circle’ and have him behind the wheel of the No.12 Alltel Dodge in 2009,” said Frank O’Mara, chief marketing officer, Alltel Wireless. “We look forward to having him serve as an ambassador for Alltel both on and off the track.”

Stremme is joining one of the most successful motorsports organizations in history, with more than 300 major race wins, including the 2008 Daytona 500, the 2008 12 Hours of Sebring and 14 Indianapolis 500s. In stock car racing, Penske Racing has scored 77 wins and 106 pole positions since 1991.

“It’s an honor to join Penske Racing as the driver of the No. 12 Alltel Dodge,” said Stremme. “To be a part of Penske Racing’s 40-plus-year legacy has been a longtime dream of mine. I cannot wait to join my new teammates and work to get the No. 12 into the 2009 Chase.”

For more information about Penske Racing, please visit www.penskeracing.com.