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Argent signs multiyear sponsor agreement with IndyCar racers.

Argent ar·gent  
1. Heraldry The metal silver, represented by the color white.

2. Archaic Silver or something resembling it.
 Mortgage Co., Irvine, California, announced it has signed a significant multiyear agreement with Andretti Green Racing Andretti Green Racing is an auto racing team that competes in the IRL IndyCar Series and the American Le Mans Series. Early years in CART
Founded in 1993 by Barry Green and Gerry Forsythe as Forsythe Green Racing
, Indianapolis, for sponsorship of its professional racecar drivers Danica Patrick and Marco Andretti for the 2007 IndyCar Series season and beyond.

The agreement will afford Argent high visibility through Andretti Green Racing, which won the 2004 and 2005 IndyCar Series championships and the 2005 Indy 500, according to Argent President Sam Marzouk.

"Danica and Marco are two of the most talented young drivers in racing, and two of the sport's most recognizable names," said Marzouk. "Bringing them together under the Argent banner creates an unbeatable combination to highlight our brand."

The agreement further enhances Argent's promotional platform and broadens its ongoing commitment to develop beneficial relationships in the mortgage broker community.

Under the agreement, Argent becomes a major associate sponsor of Andretti Green Racing, Patrick's No. 7 Team Motorola IndyCar and Andretti's No. 26 IndyCar entry. Argent will be designated the "Official Mortgage Lending Company of Andretti Green Racing" and the "Official Mortgage Lending Company of the Honda Grand Prix of St. Petersburg The Honda Grand Prix of St. Petersburg is an Indy Racing League IndyCar Series race held in St. Petersburg, Florida. The race is telecast on ESPN or ABC.

The race was first run as a Champ Car event in 2003.

"Andretti Green's drivers, including Danica and Marco, personify per·son·i·fy  
tr.v. per·son·i·fied, per·son·i·fy·ing, per·son·i·fies
1. To think of or represent (an inanimate object or abstraction) as having personality or the qualities, thoughts, or movements of a living being:
 Argent's brand attributes of speed, teamwork and determination--qualities that are integral to racing and to our business," said Marzouk.

Crowned 2005 Indy Racing League The Indy Racing League, better known as IRL, is the sanctioning body of a predominantly American based open-wheel racing series.

The League consists of two series, the premiere IndyCar Series
 (IRL 1. (jargon, chat) IRL - In real life. Generally synonymous with f2f.
2. (language, robotics) IRL - Industrial Robot Language.
) Rookie of the Year Rookie of the Year may refer to:
  • Rookie of the Year (award), a sports award for the most outstanding rookie in a given season
  • Rookie of the Year (film), a 1993 starring Thomas Ian Nicholas
  • Rookie of the Year (album) by rapper Ya Boy
, Patrick made history by becoming the first woman to lead the Indy 500. The qualities that she represents align perfectly with Argent's leadership in the non-prime and alternative-A mortgage markets, where Patrick recently introduced the company's new products, said Marzouk.

Andretti--this year's Indy 500 Rookie of the Year--placed seventh in the 2006 season's driver-point standings with 325 points, as well as earning the IRL Bombardier Rookie of the Year honor.
COPYRIGHT 2006 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Briefing Book; Argent Mortgage Co.; Andretti Green Racing
Publication:Mortgage Banking
Article Type:Brief article
Date:Nov 1, 2006
Previous Article:Lenders bracing for possible economic downturn in 2007.
Next Article:Fannie and Freddie partner to offer mortgage documents en Espanol.

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