Andretti, who moved from full-time IndyCar racing to the Indy 500 at the end of 2020, made his debut in last year’s No. 98 Andretti Autosport-Honda KULR-backed Memorial Day Classic.

KULR is developing the next generation of products and services for lithium-ion battery safety and thermal management, and has contributed to the Mars Rover 2020 mission.

“It’s great to see a sponsor like KULR continue as a major sponsor of our IndyCar program for a second year,” said Andretti Autosport Chairman and CEO Michael Andretti. “The potential for KULR technology is exciting and we are proud of their commitment to improving performance. We look forward to this special event in May and are delighted to have them back together with Marco.”

KULR Technology Group President and Chief Operating Officer Keith Cochran said, “We are thrilled to welcome Marco Andretti as a KULR ambassador as we return to Andretti Autosport for the 2023 Indy 500.

“Marco authentically embodies the spirit of our brand. His dedication to his business and the motorsports industry are just a few of the reasons we believe he is the perfect person to represent KULR Technology as we continue to expand our power management platform.”

In addition to being Andretti’s primary sponsor in the 2022 500 – its 250th IndyCar start – KULR has joined Andretti Technologies and the Andretti United Extreme E in 2021 as the Official Technical Partner for Thermal Management and Battery Safety.

In 17 Indianapolis 500 races, Andretti recorded eight top-10 finishes and four top-three finishes. The closest he came to winning was in his first attempt in 2006. He led after turn four in the final lap, but Team Penske’s Sam Hornish Jr. drifted past to take the win by 0.0635 seconds. Andretti took the pole position in the 500 in 2020 alone.

Andretti will next get track time in IndyCar when he takes part in the April 20-21 open test at Indianapolis Motor Speedway.