St. Louis: Mike Ashley preview

Busy Mike Ashley to Give Away $250,000 Friday, Drive Funny Car and Pro Mod at Midwest Nationals Friday won't be a typical day for Mike Ashley or Amanda and Wesley Michno of St. Clair, Mo. Ashley, Chief Business Strategist/Executive Vice ...

Busy Mike Ashley  to Give Away $250,000 Friday,
Drive Funny Car and Pro Mod at Midwest  Nationals

Friday won't be a typical day for Mike Ashley or Amanda and Wesley Michno of St. Clair, Mo.

Ashley, Chief Business  Strategist/Executive Vice President of Lend America,
a nationally direct  mortgage lender, will present the Michnos with the
$250,000 top prize in Lend  America's "Homefree Mortgage Giveaway" in the their
home at 8 a.m.  The  event will be featured exclusively on television's "Inside
Edition" on  Monday.

Ashley, an NHRA Funny Car and Pro Modified driver, then heads for Madison, Ill., site of this weekend's O'Reilly Midwest Nationals at Gateway International Raceway. He will be competing in his second Funny Car race of the season.

"What gratifies me the most," said Ashley, "is that, in addition to helping Amanda and Wesley, we've taught them how to manage their debt for the future and now they can pay off their 80/20 balloon mortgage and stay in their home. "

Ashley and Roger Burgess  (co-owner of ProCare Rx) are the co-owners of
Gotham City Racing, a two-car  Funny Car team that features Melanie Troxel and
Ashley -- at least for the next  five NHRA POWERade Series events.
Troxel won the Midwest  Nationals Top Fuel title a year ago in Top Fuel and
is making the transition  from Top Fuel to Funny Car this year at the same time
the ProCare Rx Dodge  Charger R/T team is adapting to an extra 100 pounds
mandated by new NHRA safety  rules.
When announcing his decision to get back into Funny Car,  Ashley said he was
doing so because he wanted to take advantage of their two-car  team.

"It's important the way our team has progressed that we have two cars out here gathering data," he said. "We must come up with a master plan to master the combination. It's no secret there have been significant changes to the chassis this year.

"We've only run the second car two events this year. I'm looking at driving it at least until the race at Norwalk (Ohio, four races after the Midwest Nationals)."

Ashley was the No. 1 qualifier here  a year ago during a stellar 2007 Funny
Car campaign.  It was one of his  five low qualifier awards. He won three times
(including the storied U.S.  Nationals at Indianapolis), qualified No. 1 five
times and finished sixth  overall.

Ashley created the "Homefree Mortgage Giveaway" and designed it to educate borrowers about reducing high-cost debt. The Michnos will receive $10,000 a month for the next 25 months.

He wanted to establish Lend America as a staunch supporter of the economy on both a local and national level. With that in mind, he created the " HomeFree Mortgage Giveaway" to provide people in need a viable option to the mortgage problems that are crippling the economy and, at the same time, restore faith in the mortgage industry.

Mr. Michno said he had been  "desperately trying to refinance to a fixed-rate
loan, but no lender would  qualify us.  With three young children, ages six
months, 2 and 4 years old,  our financial obligations were a constant worry."

And then good fortune came their way.

-credit: gcr

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About this article
Series NHRA
Drivers Melanie Troxel , Mike Ashley , Roger Burgess