PHOENIX, March 1, 2014 /PRNewswire/ -- Quicken Loans, the nation's third largest retail mortgage lender, today announced "Quicken Loans Race for Heroes 500," as the official name for the company's title sponsorship of Phoenix International Raceway's (PIR) Veterans Day weekend NASCAR Sprint Cup Series race on Sunday, November 9, 2014.
"Veterans, active military members and their families will be front and center for the Quicken Loans Race for Heroes 500 as we honor their service and sacrifice for our country," said Quicken Loans President and Chief Marketing Officer Jay Farner. "And with the new elimination-style Chase format, the attention on the Veterans Day weekend race at PIR will be larger than ever."
The race will conclude PIR's 50th Anniversary season and a year-long celebration of the track's rich history and contributions to motor sports in the West. Founded in 1964, PIR hosted its first NASCAR-sanctioned event in 1977 with a Winston West Series race. NASCAR's premier circuit, now known as the Sprint Cup Series, made its debut in Phoenix on November 6, 1988, and for the past 25 years, the fall race in Phoenix has been on or near Veterans Day weekend.
Quicken Loans, which has an office and more than 550 team members in nearby Scottsdale, Arizona, offers the VA loan, which allows veterans, surviving spouses and active members of the military to refinance up to 100 percent of their home's value or purchase a home with no down payment or mortgage insurance payments.
The company is also committed to creating career opportunities for veterans, Reservists, and their families through the Quicken Loans Veteran Hiring Program and its dedicated military recruiter.
"Veterans have a distinct and diverse set of skills that fit perfectly at Quicken Loans and our family of companies," said Farner. "It's these skills that makes them a true asset to any organization and a key part of Quicken Loans' success throughout the years."
Tickets have yet to go on sale, but race fans can keep up-to-speed by visiting Quicken Loans Racing at http://racing.quickenloans.com/, on Facebook at http://www.facebook.com/quickenloansracing and on Twitter at www.twitter.com/QLRacing. Fans also can connect with PIR via Twitter @PhoenixRaceway or on Facebook at www.facebook.com/PhoenixRaceway.
About Quicken Loans
Detroit-based Quicken Loans Inc. is the nation's third largest retail home mortgage lender. The company closed a record $80 billion of volume across all 50 states in 2013. Quicken Loans generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power for four consecutive years in 2013, 2012, 2011 and 2010.
Quicken Loans was named among the top-30 companies on FORTUNE magazine's annual "100 Best Companies to Work For" list for the last 11 consecutive years, ranking #5 in 2014. It ranked in the top-15 of Computerworld magazine's "100 Best Places to Work In Technology" for the past nine years, ranking #1 in 2013. The company moved its headquarters to downtown Detroit in 2010, and now more than 8,500 of its 10,000-plus team members work in the city's urban core. For more information about Quicken Loans, please visit www.quickenloans.com, on Twitter at @QLnews, and on Facebook at www.facebook.com/QuickenLoans.
About Phoenix International Raceway
Since 1964, Phoenix International Raceway has been the premier motorsports venue in the Southwest. Host to some of the most notable moments in motorsports history, PIR will celebrate its 50th Anniversary throughout the entire 2014 season. As the only track on the West Coast to have two NASCAR weekends a year, PIR will help kick of the 2014 NASCAR season with its traditional March date and round out the year with the semifinal race for the Chase for the NASCAR Sprint Cup in November. Season tickets for 2014 are available by visiting PhoenixRaceway.com or calling 866-408-RACE (7223).
SOURCE Quicken Loans