After NTT was announced as the next IndyCar Series title sponsor Tuesday afternoon, fans were quick to celebrate.

The Japanese tech giant provides IT services and consulting to more than 80 percent of the Fortune Global 100. The new partnership will push INDYCAR into the next era.

โ€œNTT is proud to be associated with INDYCAR and accelerate the future of smart racing,โ€ said Jun Sawada, president and CEO of NTT. โ€œTechnological innovations have the potential to change the sport and fan experience drastically."

That's something worth celebrating.