– Nation’s second largest retail mortgage lender becomes three-race primary sponsor of No. 5 team –
DETROIT – Dec 1, 2015 – Detroit-based Quicken Loans, the nation’s second largest retail mortgage lender, today announced it will partner with Hendrick Motorsports in 2016, serving as a three-race primary sponsor of the No. 5 Quicken Loans Chevrolet SS driven by Kasey Kahne in the NASCAR Sprint Cup Series. The company will be an associate sponsor for all remaining races.
“We are excited to be joining forces with the talented team at Hendrick Motorsports,” said Jay Farner, President and Chief Marketing Officer of Quicken Loans. “The organization has an undeniable record of winning and performance on the racetrack, and represents some of the preeminent brands in the country, who we look forward to working alongside.”
One of Quicken Loans’ primary sponsorship races will include a joint promotion with Hendrick Automotive Group, the largest privately held operator of auto dealerships in the United States.
“It’s evident from meeting the Quicken Loans team that both of our organizations share a passion for competition,” said Rick Hendrick, Owner of Hendrick Motorsports and Chairman of Hendrick Automotive Group. “Quicken Loans has a reputation for exceptional client service, something we take to heart across all of our own businesses. We look forward to working together to achieve great things in 2016.”
Since joining Hendrick Motorsports in 2012, Kahne, 35, has seen significant success – earning three berths in NASCAR’s Chase for the Sprint Cup. The Enumclaw, Washington, native boasts 17 career wins and 156 top-10 finishes in NASCAR’s top division.
“Having an engaging and supportive brand like Quicken Loans backing the No. 5 Chevy gives us even more reason to think 2016 will be a great year for our team,” Kahne said. “Quicken Loans has made a big name for itself in our sport, in its industry and certainly in the Motor City. Good partners are important to succeed in racing, and we’re thrilled about building this new relationship with Quicken Loans.”
Quicken Loans’ move to Hendrick Motorsports comes after serving as a primary sponsor of the No. 31 Chevrolet and driver Ryan Newman for two seasons at Richard Childress Racing, as well as the two years prior at Stewart-Haas Racing.
“Ryan has been a terrific ambassador for our company and helped us to take our first steps into NASCAR,” added Farner. “He and Richard Childress Racing have helped us accomplish tremendous things during our time together, and we’re proud to have been a part of their team. We are grateful for their guidance and support and we look forward to competing alongside them next year.”
Quicken Loans ranked “Highest in Customer Satisfaction for Primary Mortgage Origination” in the United States by J.D. Power for the past six consecutive years (2010 – 2015) and highest in customer satisfaction among all mortgage servicers in 2014 and 2015.
About Quicken Loans
Detroit-based Quicken Loans Inc. is the nation’s second largest retail home mortgage lender. The company closed $200 billion of mortgage volume across all 50 states since 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 “Highest in Customer Satisfaction for Primary Mortgage Origination” in the United States by J.D. Power for the past six consecutive years (2010 – 2015) and highest in customer satisfaction among all mortgage servicers in 2014 and 2015.
Quicken Loans was named among the top-30 companies on FORTUNE magazine’s annual “100 Best Companies to Work For” list for the last 12 consecutive years, ranking No. 12 in 2015. It has been recognized as one of Computerworld magazine’s ’100 Best Places to Work in IT’ the past 11 years, ranking No. 1 in 2015, 2014, 2013, 2007, 2006 and 2005. The company moved its headquarters to downtown Detroit in 2010, and now more than 10,000 of its 13,000 team members work in the city’s urban core. For more information about Quicken Loans, please visit QuickenLoans.com, on Twitter at @QLnews and on Facebook at Facebook.com/QuickenLoans.