Quicken Loans and Michigan International Speedway Announce Partnership -- Spring NASCAR Sprint Cup Race to be Named Quicken Loans 400

DETROIT, May 9, 2012 /PRNewswire/ -- Detroit-based Quicken Loans Inc. today announced it has teamed with Michigan International Speedway (MIS) in Brooklyn, Michigan, to sponsor the Quicken Loans 400 NASCAR Sprint Cup Series race at MIS on Sunday, June 17.

"We saw the Quicken Loans 400 as another way to further our support of NASCAR's Sprint Cup Series and to showcase our culture and focus on the client experience to the millions of NASCAR fans around the country," said Jay Farner, President and Chief Marketing Officer for Quicken Loans.  "This year marks Quicken Loans' first season as a primary sponsor of driver Ryan Newman and Stewart-Haas Racing.  This partnership with MIS will take our participation in the sport to a new level, allowing us to further connect with these amazing race fans."

Along with its sponsorship of the Quicken Loans 400, the nation's largest online mortgage lender is the primary sponsor of Newman's No. 39 Chevrolet for nine Sprint Cup races, and an associate sponsor for the remainder of the season.  Quicken Loans also is an associate sponsor of three-time and reigning Sprint Cup champion Tony Stewart.

"Michigan International Speedway is known for the amazing fan experience and our commitment to our guests," MIS President Roger Curtis said.  "We are thrilled to partner with another awesome Michigan company to showcase all the great things this state has to offer – thrilling events and world-class companies who appreciate their customers and their employees."

The Quicken Loans 400 will be the first race at MIS since a full repave in the fall.  Based on the speeds reached by a small group of drivers during tire tests conducted by Goodyear in April, it's expected that MIS will earn the title as the fastest track on the Sprint Cup circuit during the Quicken Loans 400.  

"At Quicken Loans, we take a lot of pride in the speed at which we get our mortgage clients to the closing table.  So, it seemed only fitting that we would partner with the fastest track in stock car racing," Farner added. 

Newman, who has two Sprint Cup wins and two NASCAR Nationwide Series wins at MIS and calls MIS his home track, currently holds the lap record with a top speed of 194.232 mph – a record that is sure to fall in June during the Quicken Loans 400 race weekend.

"Michigan International Speedway is one of the tracks I look forward to visiting each year, and it's great to see Quicken Loans step up – like they have throughout Detroit – to sponsor the spring race at Michigan," Newman said.  "It's really an honor to be partnered with a company like Quicken Loans, who in its first year in NASCAR is really forward-thinking in how they make their sponsorship work.  I look forward to having a good run and getting a win in their race at their home track."

Race fans can keep up-to-speed with all aspects of the race from Quicken Loans racing at www.quickenloansracing.com, on Facebook at www.facebook.com/quickenloansracing and on Twitter at www.twitter.com/quickenloans.  Fans also can connect with MIS via Twitter @MISpeedway or on Facebook at www.facebook.com/MISpeedway.

NASCAR Sprint Cup Series tickets for the Quicken Loans 400 on June 17 are available for as low as $25. Visit MISpeedway.com or call the MIS ticket hotline at 800-354-1010 today to take advantage of great pricing for 2012 events at MIS. The ticket office is open 9 a.m. to 9 p.m. Monday-Friday; and 9 a.m. to 7 p.m. Saturday and Sunday.

About Quicken Loans Inc:
Quicken Loans Inc. is the nation's largest online home lender and a top five retail lender. The company closed a record $30 billion in retail home loan volume across all 50 states in 2011. Quicken Loans generates loan production from five web centers located in Detroit, Ohio and 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 and Associates in 2010 and 2011. "QuickenLoans.com" has been named "Best of the Web" by Forbes and Money magazines. The company ranked in the Top 10 of FORTUNE magazine's "100 Best Companies To Work For" in 2012 and has placed among the top-30 companies on FORTUNE's list for the past nine years. It ranked in the Top-15 of Computerworld magazine's "100 Best Places to Work In Technology" for seven years in a row. The Quicken Loans Cleveland Web Center ranked #4 on the 2011 Plain Dealer Top Workplaces List for Mid-size Companies in 2011.

Quicken Loans was named #1 in the Detroit Free Press' 'Best Places to Work in Michigan' List in 2010 and 2011. The company moved its headquarters and 3,700 of its more than 5,000 team members to downtown Detroit. Another 1,000 team members are expected to move to downtown Detroit in mid-2012. For more information about Quicken Loans, please visit us on the web at www.quickenloans.com, on Twitter at @QLnews, and on Facebook at www.facebook.com/QuickenLoans.

About Michigan International Speedway:
Nestled in the lush Irish Hills of Southeastern Michigan, Michigan International Speedway is the Great Escape, a venerable NASCAR national park where fans can get away and enjoy the very best in racing and camaraderie. It's the love of racing and the thrill of a great time for race fans and drivers alike.

SOURCE Quicken Loans Inc.