Wells Fargo & Company and Petty Enterprises announced the extension of their NASCAR sponsorship arrangement. The 2007 season represents the fifth year the financial services company has sponsored Petty Enterprises, which includes the Kyle Petty and Bobby Labonte cars as well as a partnership with The King of NASCAR, Richard Petty.

Kyle Petty’s #45 will carry a full-car red and gold Wells Fargo paint scheme in 12 races during the 2007 season as the car’s primary sponsor, starting with the Daytona 500. Wells Fargo & Company is a diversified financial services company with $482 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,000 stores and the internet (wellsfargo.com) across North America and internationally.

“We’re proud to have Wells Fargo continue its sponsorship of Petty Enterprises,” said Kyle Petty. “They are the premier financial services company in the U.S. and an excellent partner with our other top-quality sponsors, like General Mills, Marathon Oil, Tire Kingdom and Coca Cola.”

[Petty Enterprises/Wells Fargo PR]