Play Fantasy Use your Fantasy skills to win Cash Prizes. Join or start a league today. Play Now

Penske, Quicken Loans reach sponsorship deal

  •  

BIRMINGHAM, Ala. (AP) - Penske Racing has reached a multi-year sponsorship deal with Quicken Loans.

Penske Racing President Tim Cindric announced the deal on Wednesday during open testing at Barber Motorsports Park.

Detroit-based Quicken Loans will also be the presenting sponsor for a doubleheader race weekend at the Chevrolet Detroit Belle Isle Grand Prix.

The mortgage lender will be featured on the cockpit of both the No. 3 Chevrolet driven by three-time Indianapolis 500 winner Helio Castroneves and three time road series champion Will Power's No. 12 Chevrolet.

Quicken Loans was a Team Penske sponsor during the 2003 season when Gil de Ferran earned the 13th of Penske's record 15 Indianapolis 500 victories. Cindric says the team is "hoping to bring that magic back to the organization."

Copyright 2014 by STATS LLC and The Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and The Associated Press is strictly prohibited.
  •  
 

Biggest Stories

CBSSports Facebook Google Plus
COMMENTS
Conversation powered by Livefyre
 

Latest

Most Popular