Long Beach sponsor named

Argent Mortgage Company to sponsor Toyota Atlantic race at 2003 Toyota Grand Prix of Long Beach. LONG BEACH, Calif. (March 25, 2003) -- The Grand Prix Association of Long Beach announced that Argent Mortgage Company, LLC has agreed to become the...

Argent Mortgage Company to sponsor Toyota Atlantic race at 2003 Toyota Grand Prix of Long Beach.

LONG BEACH, Calif. (March 25, 2003) -- The Grand Prix Association of Long Beach announced that Argent Mortgage Company, LLC has agreed to become the Official Mortgage Company of the Toyota Grand Prix of Long Beach and title sponsor of its CART Toyota Atlantic Championship race scheduled for Sunday, April 13.

Argent Mortgage Company, with headquarters in Orange, Calif., is also the sponsor of the Team Argent #24 racecar piloted by rookie driver Danica Patrick in the CART Toyota Atlantic Series Championship. The Team Argent car is owned by three-time CART champion Bobby Rahal and talk show host David Letterman.

"We just recently changed our name to Argent Mortgage Company in January," said Johanna Padberg, Vice President of Marketing. "The re-branding of our identity has been our priority and sponsorship of the Toyota Grand Prix of Long Beach creates awareness as well as the opportunity to entertain our key clients."

Argent Mortgage is one of the fastest growing wholesale lenders in America. They possess more than 20 years of experience in providing competitive mortgage loans nationwide. Argent is committed to giving customers timely communication on their loan status and providing first-class customer service.

"We are proud to welcome Argent Mortgage into our family of sponsors," said Jim Michaelian, president and CEO of the Grand Prix Association of Long Beach. "We welcome their commitment to racing and their support of Danica's effort in the Toyota Atlantic Series and look forward to making their involvement at Long Beach a most rewarding one."

With the agreement, Argent Mortgage will receive recognition as a Grand Prix Official Sponsor and the Atlantic Race Title Sponsor in all of the Grand Prix collateral materials, PA announcements, advertisements, publicity and television coverage. They will also receive television exposure with signage around the Grand Prix race circuit.

The 29th Annual Toyota Grand Prix of Long Beach will take place April 11-13 on a 1.97-mile, 11-turn temporary race circuit through the downtown streets of Long Beach, Calif. For tickets or race information, call (888) 82-SPEED, or visit the official race Web site at www.longbeachgp.com.

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The Toyota Grand Prix of Long Beach is owned and operated by Grand Prix Association of Long Beach, Inc., a subsidiary of Dover Motorsports, Inc. (NYSE:DVD). Dover Motorsports, Inc. (www.dovermotorsportsinc.com), operates Dover International Speedway, conducting two NASCAR race weekends per year in Dover, Del. The company also owns and operates Nashville Superspeedway in Nashville, Tenn.; Gateway International Raceway near St. Louis, Mo.; Memphis Motorsports Park in Memphis, Tenn., and organizes and promotes the Shell Grand Prix of Denver and Grand Prix of St. Petersburg.

-TGPLB-

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About this article
Series Atlantic
Drivers Bobby Rahal , Jim Michaelian , Danica Patrick