RICHMOND, Va., Monday, Dec. 9, 2002 -- SunTrust Bank will return as the title sponsor of the Indy Racing League event in 2003 at Richmond International Raceway, as the company has sponsored the race for each of its three years.

The third annual SunTrust Indy Challenge is scheduled for Saturday evening, June 28, 2003.

"Having continuity with our race sponsors and other marketing partners is very important to us," said Doug Fritz, Richmond International Raceway president. "The name 'SunTrust' has quickly become synonymous with our IRL race, just as Chevrolet, Pontiac and Hardee's come to mind when thinking of some of our NASCAR events."

Said Michael Newbrand, director of marketing for SunTrust Mid-Atlantic: "SunTrust is pleased to extend our sponsorship of the Indy Racing League event at Richmond International Raceway for the third consecutive year. The SunTrust Indy Challenge gives people in the Mid-Atlantic region and beyond the opportunity to see the stars and cars of the Indy 500 in their own backyard. The race provides a major economic boost to the greater Richmond area, the headquarters city of SunTrust Bank Mid-Atlantic."

The SunTrust Indy Challenge is scheduled for a 7:30 p.m. (EDT) start under the lights on the exciting, ¾-mile oval at RIR. The race also will be broadcast live on ESPN. It's the only IRL race to take place on an oval shorter than 1 mile.

Also part of the tentative schedule for the "Extreme Speed, Extreme Excitement" weekend on June 27-28 is the Dominic's of New York 100 USAC Weld Racing Silver Crown Series race.

Seats for IRL and USAC qualifying June 27 are only $5, while tickets for the SunTrust Indy Challenge are $35 for reserved seating and $30 for general admission. Children 12 and under will receive a free general admission ticket Friday and Saturday if accompanied by a paying adult.

Tickets are now available by calling the Richmond International Raceway ticket office at (804) 345-7223.