Mobil 1, Porsche Extend 25-Year Partnership
Feb. 18, 2022—Mobil 1 and Porsche on Wednesday announced the two companies have agreed to a five-year extension to their long-standing partnership.
According to a news release, the agreement ensures that Mobil 1 will remain the factory-recommended motor oil for all Porsche vehicles through 2026. The agreement also extends to Porsche's EVs, with Mobil 1 providing their Formula E and Mobil EV products to the automaker.
"Since 1996, we have built a strong partnership that embodies what our consumers and team drivers want, need and expect from our world class brands and performance-driven industry leaders," ExxonMobil executive Mike Smith said in the release. "Those who came before us, and our leaders today, are committed to advancing both performance and reliability, together we look forward to pushing the evolving technological boundaries of all Porsche vehicles over the next 25 years and beyond.”
Over the last 25 years, more than 1.5 million Porsche vehicles have used Mobil products off the factory line.