Rate Extends Partnership with Newman and Roush Fenway Racing
August 12, 2020 – Roush Fenway Racing has announced that Rate has signed on as a major partner with Ryan Newman and the No. 6 Ford Mustang. Rate made its debut with Roush Fenway Racing two weeks ago in Loudon and will be featured on the car this weekend at the debut of the Daytona International Speedway road course. In addition, the retail mortgage lender will serve as a major associate on all of the No. 6 team’s remaining races.
“We are really excited that Rate has made the decision to step up in such a big way on the No. 6 Ford,” said Newman. “Having them on board earlier this summer was a blast, and we look forward to working closely with them as we continue to grow the relationship. We have a lot of racing left to do this year and our goal is to put Rate up front and take the No. 6 Ford back to victory lane.”
Rate will serve as the primary for Newman at numerous marquee events on the NASCAR schedule, including the upcoming Coke Zero Sugar 400 at Daytona to close the regular season, as well as being the featured partner in 11 of the last 14 races, including the season finale at Phoenix Raceway. Roush Fenway originally partnered with Rate in July for the New Hampshire race, and in conjunction with Fenway Sports Management was able to develop the partnership into a multi-race platform moving forward.
“We are thrilled to pair the Rate brand with Roush Fenway and Ryan Newman, a team well known for innovation and speed,” said Rate Chief Marketing Officer Steve Moffat. “As we extend our partnership and join Ryan for the remainder of the season, we look forward to building an even stronger relationship with him and his loyal community of fans.”
This weekend’s race from Daytona is set for 3 p.m. ET on Sunday, with coverage on NBC, MRN and SiriusXM Channel 90.
About Rate Companies
The Rate Companies, which includes Rate, Inc., Guaranteed Rate Affinity, LLC, and Proper Rate, LLC, has more than 9,000 employees in over 750 offices across the United States. Headquartered in Chicago, Rate Companies is one of the largest retail mortgage lenders in the United States, funding over $73 billion in 2020. Founded in 2000 and licensed in all 50 states and Washington, D.C., Rate Companies has helped homeowners nationwide with home purchase loans and refinances. The company has established itself as an industry leader by introducing innovative technology, offering low rates and delivering unparalleled customer service. 2017 marked the launch of Guaranteed Rate Affinity, LLC, a mortgage origination joint venture between Rate, Inc. and Realogy Holdings Corp. (NYSE: RLGY), a global leader in residential real estate franchising and brokerage. In 2020, the company launched Proper Rate, LLC, a mortgage origination joint venture between Rate, Inc. and @properties, one of the nation's largest residential brokerage firms. Collectively, the Rate Companies have earned honors and awards including: Top Lender for Online Service for 2018 by U.S. News & World Report; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; HousingWire’s 2020 Tech100 award for the company’s industry-leading FlashClose SM technology; No. 3 ranking in Scotsman Guide's Top Retail Mortgage Lenders 2019; Chicago Agent Magazine’s Lender of the Year for five consecutive years; Chicago Tribune's Top Workplaces list for seven consecutive years. Visit rate.com for more information.
About Roush Fenway Racing
Roush Fenway Racing is one of the most successful teams in NASCAR history, fielding multiple teams in NASCAR Cup Series. In its 33rd season, Roush Fenway is a leader in driver development, having launched the careers for many of the top drivers in the sport. Off-track, Roush Fenway is a leader in NASCAR marketing solutions, having produced multiple award-winning Social Media, digital content and experiential marketing campaigns. Roush Fenway is co-owned by NASCAR Hall of Fame team owner Jack Roush and Fenway Sports Group, parent company of Major League Baseball’s Boston Red Sox and English Premier League’s Liverpool F.C. Visit RoushFenway.com, become a fan on Facebook and Instagram, and follow on Twitter at @roushfenway.