Team Rahal and Argent Mortgage announce partnership for 2003 season

HILLIARD, OH . . . Team Rahal, a franchise member of Championship Auto Racing Teams ("CART"), and Argent Mortgage Company LLC, announced today a partnership for Argent Mortgage Company LLC to be the primary sponsor for the Team Rahal Toyota...

HILLIARD, OH . . . Team Rahal, a franchise member of Championship Auto Racing Teams ("CART"), and Argent Mortgage Company LLC, announced today a partnership for Argent Mortgage Company LLC to be the primary sponsor for the Team Rahal Toyota Atlantic program.

The cornerstone of the partnership will see the logo of Argent placed on the car of Team Rahal's newest driver, Danica Patrick. Patrick, the 20-year-old native of Roscoe, Illinois, ran five Barber Dodge Pro Series events in 2002. She is slated to run Team Rahal's inaugural entry in the Toyota Atlantic Series in 2003.

"The opportunity to partner with a world-class racing team, like Team Rahal, and a talented young driver like Danica is a one of a kind opportunity for Argent Mortgage Company," said Wayne Lee, President of Argent. "Danica certainly is a unique individual in the world of motorsports and we are looking forward to having her represent Argent both on and off the track."

"We are pleased to join in this partnership with Argent for the upcoming season," said three-time CART champion and Team Rahal co-owner Bobby Rahal. "In my conversations with Wayne Lee (President of Argent) and his people, I have found them to be a dedicated and driven group of individuals that have formulated aggressive plans for the continued growth of their company. These are the kind of like-minded partners that we seek here at Team Rahal."

"The chance to drive for Team Rahal has allowed me to advance my career as a driver," said Patrick. "Certainly being able to work with a great champion like Bobby and to be part of a championship caliber team is a dream come true for me. Now I have a chance to work with another world-class organization in Argent Mortgage Company. Being able to represent both Team Rahal and Argent on track and as a corporate spokesman is a wonderful opportunity for me both professionally and personally."

Argent Mortgage Company provides the most competitive non-conforming mortgage loans nationwide.

Team Rahal is now in its second decade as one of the leading open-wheel racing teams in North America. Based in Hilliard, Ohio and co-owned by three-time CART Champion Bobby Rahal and CBS LATE SHOW host David Letterman, the team currently fields a single-car effort in Championship Auto Racing Teams (CART) for Michel Jourdain Jr. as well as an entry for 1999 Indy 500 winner and 1998 Indy Racing League champion Kenny Brack in the IRL. The team recently signed rising open wheel star Danica Patrick to a multi-year driving contract and she will make her debut in the Toyota Atlantic Series in 2003 where she will pilot the Team Rahal entry. The 60-member team enjoys primary sponsorship from the Gigante Group in CART and Pioneer and the Miller Brewing Company for the Indy Racing League and Argent Mortgage Company for Toyota Atlantics.

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Series Atlantic
Drivers Bobby Rahal , Danica Patrick , Michel Jourdain