Guaranteed Rate to Sponsor Alex Palou’s Indy 500 Car
INDIANAPOLIS (August 22, 2020) – Dale Coyne Racing with Team Goh is pleased to welcome Guaranteed Rate, one of the largest retail mortgage lenders in the United States, as the primary sponsor on Alex Palou’s #55 car for Sunday’s 104th running of the Indianapolis 500.
The #55 Guaranteed Rate Honda piloted by the rookie driver will be starting from seventh on the 33-car grid. Palou has been impressive since turning his first ever laps at the 2.5-mile oval at the Indianapolis Motor Speedway last week, finishing every practice and qualifying session in the top 10.
“We’re thrilled to partner with Dale Coyne Racing for the Indy 500,” said Guaranteed Rate Chief Marketing Officer Steve Moffat. “Alex Palou turned some heads with his speed and execution during the qualifier, and we’re proud to have him represent Guaranteed Rate on the #55 car this weekend.”
“We’re excited to have Guaranteed Rate as the primary sponsor on Alex Palou’s car for this weekend’s Indianapolis 500,” expressed Team Owner Dale Coyne. “As an Illinois-based team we’re proud to be able to represent a Chicago-based national brand at the biggest race of the year. We hope to make them proud in return with a strong showing in Sunday’s race. Alex has done an amazing job so far and we look forward to seeing how he does tomorrow.”
The seventh round of the NTT IndyCar Series season, the 104th running of the Indianapolis 500, will go green on Sunday, August 23 at 2:30pm ET and will be broadcast live on NBC from 1:00pm ET.
About Guaranteed Rate Companies
The Guaranteed Rate Companies, which includes Guaranteed 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, Guaranteed 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., Guaranteed 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 Guaranteed 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 Guaranteed Rate, Inc. and @properties, one of the nation's largest residential brokerage firms. Collectively, the Guaranteed 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 Dale Coyne Racing with Team Goh
Dale Coyne Racing with Team Goh was formed at the end of 2019 as a partnership between Dale Coyne Racing and Kazumichi Goh, the founder of Team Goh. The two teams first collaborated in the early 1990s and reconnected nearly 20 years later to run Spaniard Alex Palou in the NTT IndyCar Series. Dale Coyne Racing has participated in every season of the North American open-wheel series since 1984. Dale Coyne, a Midwestern entrepreneur who designed and built Route 66 Raceway and Chicagoland Speedway in Joliet, IL, is known for taking on young drivers and mentoring them in the early stages of their careers. The team has claimed multiple victories, most notably, winning back-back races at the Grand Prix of St. Petersburg in the past few years. Team Goh also has a storied history in racing. The team won the 1996 All Japan Grand Touring Car Championship and became one of the prestigious Privateer teams to win the 24 Hours of Le Mans in 2004 with Seiji Ara, Tom Kristensen and Rinaldo Capello.