Indy Racing League announces official partnership with Argent Mortgage
source:
paddocktalk.com
The Indy Racing League and Argent Mortgage, a leading national
mortgage lender, have announced a partnership that makes the Irvine,
Calif.,-based company the Official Mortgage Company of the IRL IndyCar
Series and the Indianapolis 500.
"We are pleased to welcome Argent Mortgage to the IRL family of partners",
said Ken Ungar, senior vice president, business affairs for the IRL. "The
partnership is an important component of Argent's comprehensive 2005
involvement with the league that also includes our drivers, teams and
tracks."
Argent is serving as primary sponsor of the No. 16 IndyCar Series entry
driven by Danica Patrick and co-primary sponsor of the No. 15 IndyCar Series
entry driven by 2004 Indianapolis 500 winner Buddy Rice. Also, Argent was
the presenting sponsor of last week's IRL event at Phoenix International
Raceway and will also be the title and presenting sponsor for three IndyCar
Series races in 2005.
In addition, Argent Mortgage will sponsor the IRL's year-end Fastest Lap
Award, which will present $25,000 to the entrant of the driver who posts the
most fastest laps during the 17-race IndyCar Series season. Argent will also
offer $2,500 to the driver who posts the fastest lap on each day of practice
at Indianapolis during the month of May.
"We are proud to partner with the IRL as their Official Mortgage Company for
the IndyCar Series and the Indianapolis 500", said Wayne Lee, president of
Argent Mortgage Company. "At Argent Mortgage, we don't just sponsor
motorsports; we are inspired by the people who bring IndyCar racing to fans
every weekend throughout the season. In the same way, we are building the
most efficient and smartest company in the business and helping independent
mortgage brokers provide the best possible loan products and service to
homeowners across America."