LEEDS, Ala. – Team Penske today announced that Detroit-based Quicken Loans Inc., the nation’s largest online mortgage lender and third-largest mortgage lender in the country, will join the team’s IZOD IndyCar Series racing efforts as a sponsor beginning in 2013.
As part of the new multi-year agreement, Quicken Loans will be featured on the cockpit of both the No. 3 Team Penske Chevrolet IndyCar driven by three-time Indianapolis 500 winner Helio Castroneves and the No. 12 Verizon Team Penske Chevrolet machine driven by three-time series road course champion Will Power.
This marks the return of Quicken Loans as a sponsor of Team Penske. During the 2003 season Quicken Loans was a sponsor of the team that saw Gil de Ferran earn the 13th of Team Penske’s record 15 Indianapolis 500 victories.
“We are very excited to have Quicken Loans back as a partner of Team Penske,” said Penske Racing President Tim Cindric. “Quicken Loans’ remarkable record of success and growth makes it a great company to be affiliated with and we look forward to building our relationship in the future.”
Quicken Loans has also been announced as the presenting sponsor of the IndyCar doubleheader race weekend at the Chevrolet Detroit Belle Isle Grand Prix. The Chevrolet Indy Dual in Detroit presented by Quicken Loans will feature the first IZOD IndyCar Series races held on back-to-back days next season – June 1-2, 2013 at Detroit’s redesigned Raceway at Belle Isle Park street circuit.
“As a Detroit-based company, we are looking forward to partnering with Roger Penske, who has a tremendous legacy in our hometown, as well as his amazing race team,” said Jay Farner, President and Chief Marketing Officer for Quicken Loans. “Through this sponsorship we are aligning ourselves with great drivers and great people, and in the case of the Belle Isle Grand Prix, doing great things for the city of Detroit.”