Joliet title sponsor announced

AMERIQUEST MORTGAGE NAMED TITLE SPONSOR OF NHRA POWERADE SERIES EVENT AT CHICAGO'S ROUTE 66 RACEWAY GLENDORA, Calif. (March 9, 2005) -- NHRA officials announced today that Ameriquest Mortgage Company, a leading national mortgage lender ...

AMERIQUEST MORTGAGE NAMED TITLE SPONSOR OF NHRA POWERADE SERIES EVENT AT CHICAGO'S ROUTE 66 RACEWAY

GLENDORA, Calif. (March 9, 2005) -- NHRA officials announced today that Ameriquest Mortgage Company, a leading national mortgage lender and official marketing partner with NHRA, has been named title sponsor of an NHRA POWERade Series event at spectacular Route 66 Raceway near Chicago.

The Ameriquest Mortgage NHRA Nationals will be held Sept. 29-Oct. 2 at the Joliet, Ill.-based quarter-mile dragstrip. The $1.8 million race, which will be televised on ESPN2, is the 21st of 23 events in the $50 million NHRA POWERade Drag Racing Series.

It is the first NHRA national event title sponsorship for Ameriquest Mortgage, which last month was named an official marketing partner of the NHRA, the world's largest motorsports sanctioning organization.

"We are excited to become the host of the Ameriquest Mortgage NHRA Nationals at Route 66 Raceway, which is sure to be a pivotal race for NHRA drivers chasing world championship points in the NHRA POWERade Drag Racing Series," said Brian Woods, chief marketing officer, Ameriquest Mortgage Company. "We are certainly impressed with NHRA's accessibility for the fans to not only the drivers, but the multiple opportunities for sponsors on-site to reach this loyal, passionate, and growing fan base."

As one of the final three events of the 2005 season, the Ameriquest Mortgage NHRA Nationals will feature competition in Top Fuel, Funny Car and Pro Stock categories and a high level of intensity as teams battle for POWERade Series world championships and try to position for a coveted POWERade Top 10 points finish.

"We are thrilled to welcome Ameriquest Mortgage into our family of national event title sponsors," said John Covarrubias, vice president of sales and business development, NHRA. "We are extremely pleased that Ameriquest Mortgage has selected the NHRA POWERade Drag Racing Series as a venue to conduct its business. We look forward to growing Ameriquest's client portfolio and providing our fans with direct access to one of the largest and most reputable mortgage companies in the country to serve their mortgage needs."

The race is one of two NHRA POWERade Series national events in 2005 to be held at state-of-the-art Route 66 Raceway. On June 9-12 the performance record-producing track also will host the CARQUEST Auto Parts NHRA Nationals.

"Ameriquest Mortgage Company is dedicated to providing their customers quality service and quality products," said Matthew Alexander, vice president and general manager of Route 66 Raceway. "Route 66 Raceway is also dedicated to providing our race fans quality service, as well as a state-of-the-art facility. We look forward to working with Ameriquest and having another season of some of the country's most exciting NHRA POWERade Drag Racing."

Ameriquest Mortgage Company is a national mortgage lender committed to helping people achieve their home ownership dreams and financial freedom. To fulfill that mission, Ameriquest originates and services home mortgage loans. For more information about Ameriquest Mortgage Company, visit www.ameriquest.com.

Route 66 Raceway, which provides world-class entertainment for all types of racing fans, is a multimillion-dollar complex that includes a 1/4-mile, stadium-style drag strip and 1/2-mile dirt oval track. Since opening its doors in 1998, Route 66 Raceway has continued to host a wide variety of events. Route 66 Raceway's 1/2-mile dirt oval track annually hosts Team Demolition Derbies, AMA Flat Track Championship racing, World of Outlaws and Monster Truck shows. Route 66 Raceway's 1/4-mile drag strip annually hosts two NHRA POWERade Drag Racing National events, Jr. Dragsters, car shows, bracket racing, test n' tunes and much more.

Headquartered in Glendora, Calif., the NHRA is the primary sanctioning body for the sport of drag racing in the United States. It presents 23 national events through its NHRA POWERade Drag Racing Series. The NHRA has 80,000 members and 140 member tracks. The NHRA-sanctioned sportsman and bracket racing series' provide competition opportunities for drivers of all levels. The NHRA develops the stars of tomorrow by offering the NHRA Lucas Oil Drag Racing Series, NHRA Summit Sport Compact Drag Racing Series, NHRA Summit Racing Series and the NHRA Street Legal Program. The NHRA also offers the NHRA O'Reilly Auto Parts Jr. Drag Racing League for youths ages 8 to 17.

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