Lincoln Tech Signs As Panther Racing Primary Sponsor For Remainder of 2006 Season
INDIANAPOLIS, Ind. (August 24, 2006) -- IndyCar Series Championship contender Panther Racing announced Thursday a primary sponsorship agreement with Lincoln Tech for the remainder of the 2006 season. The Lincoln Tech automotive training school was the primary sponsor on Vitor Meira's No. 4 Panther Honda during Sunday's race at Kentucky Speedway and following a successful weekend, the partnership was renewed for the final two events of the year.
"We knew if Lincoln Tech and Panther Racing worked together for one weekend we could both see the positive benefits of this partnership," Panther co-owner John Barnes said. "What's exciting for us is Lincoln Tech activated with our marketing partner, ignition, during the weekend and experienced the marketing power of a sponsorship with Panther. We had a great time together in Kentucky and I anticipate two more great race weekends in Infineon and Chicago."
Meira finished sixth at Kentucky, and overcame an accident with Danica Patrick in the morning practice session en route to his tenth Top Ten finish. Panther is currently fifth in the IndyCar Series points standings with two races remaining on the schedule. Vitor has recorded six Top Five finishes -- which includes five podiums -- in his 12 starts this season.
"We're excited to be supporting Panther Racing's winning team for the remainder of the season, said David Carney, chairman and C.E.O. of Lincoln Educational Services Corporation, the parent company of Lincoln Tech. "This sponsorship highlights Lincoln Tech's commitment to preparing students for the exciting and fast-growing automotive and motor-sports career fields. We're proud to see our graduates achieve their dreams through their Lincoln Tech education."
Barnes and one of Meira's race mechanics, Mike Armstrong, are graduates of Lincoln Tech. Panther's CEO and team owner graduated from the school in the early 1970s and Armstrong completed his studies in 2003 with a degree in Automotive Service Management from Lincoln Tech's Indianapolis location.
"Lincoln Tech is giving us the support we need to finish out the 2006 season on top," Meira said. "I'm happy that this partnership is going to continue for the rest of the year and, hopefully, next season. If I was to judge from the work that (former graduates) John (Barnes) and Mike (Armstrong) do for this team, Lincoln Tech is producing some well trained students. Hopefully this sponsorship helps bring more talented students to their school and, eventually, more well-trained graduates to Panther."
Lincoln Tech has 15 campuses nationwide, in states that include Indiana, New York, Maryland, New Jersey, Pennsylvania, Tennessee, Colorado, Florida and Texas. Program offerings include Automotive Technology, Diesel Technology, Collision Repair, Electronic Systems Technician (EST) and HVAC.
Lincoln Tech and its parent company Lincoln Educational Services Corporation (NASDAQ: LINC), make it a priority to anticipate workplace skill needs and implement custom-designed classes and programs to meet current and future workforce demands.
About Lincoln Educational Services
Lincoln is a leading and diversified for-profit provider of career-oriented post-secondary education. It offers recent high school graduates and working adults degree and diploma programs in five principal areas of study: automotive technology, skilled trades, business and information technology and health sciences (which includes programs for licensed practical nursing, medical administrative assistants, medical assistants, pharmacy technicians) and Hospitality Services. Lincoln has provided the workforce with skilled technicians since its inception in 1946. Lincoln currently operates 37 ground campuses in 17 states under nine brands: Lincoln College of Technology, Lincoln Technical Institute, CEI, Denver Automotive and Diesel College, Nashville Auto-Diesel College, Southwestern College, Florida Culinary Institute, New England Technical Institute and Euphoria Institute of Beauty Arts and Sciences. Lincoln now operates an online campus under the brand name of Lincoln College Online. Lincoln had a combined average enrollment of approximately 17,400 students as of June 30, 2006.