Title sponsor announced for Miami

MIAMI (July 5, 2003) - The Grand Prix Americas announced today that Argent Mortgage Company, LLC will become the Official Mortgage Company of the GRAND PRIX AMERICAS and title sponsor of its season-finale CART Toyota Atlantic Championship race, ...

MIAMI (July 5, 2003) - The Grand Prix Americas announced today that Argent Mortgage Company, LLC will become the Official Mortgage Company of the GRAND PRIX AMERICAS and title sponsor of its season-finale CART Toyota Atlantic Championship race, scheduled for Sunday, September 28, 2003.

Argent Mortgage Company, with headquarters in Orange, California, 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. "We have used the CART Toyota Atlantic Championship through our team sponsorship with driver Danika Patrick and owners Bobby Rahal and David Letterman to convey our new brand identity, and are excited about being apart of the final round of the 2003 Toyota Atlantic Championship as the title sponsor of the event."

Argent Mortgage is one of the fastest growing wholesale lenders in America. The company possesses 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 Chuck M. Martinez, President & General Manager of Grand Prix Americas, "We are excited to be hosting the final round of the Toyota Atlantic Championship and have a company such as Argent Mortgage be the title sponsor of the event."

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

"Argent Mortgage has definitely been aggressive in promoting its involvement since joining the CART Toyota Atlantic Championship as a team sponsor this year," said CART Toyota Atlantic Championship President Vicki O'Connor. "We're delighted that Argent has signed on to sponsor our 2003 season finale, and I am confident that the race will be memorable as we crown a champion to conclude our 30th anniversary season. We're looking forward to returning to the Miami area for the first time in a few years, and I could not be happier that Argent will be there to support the event as well."

The 2nd annual Grand Prix Americas will take place September 26-28, 2003 at Bayfront Park in downtown Miami on a 1.211 mile temporary road course. For tickets or race information, call (305) 373-3333, visit www.miamirace.com or any Ticketmaster outlet.

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Series Atlantic
Drivers Bobby Rahal