Argent Mortgage Company Named Title Sponsor of IRL IndyCar Event at In

    Business Editors/Auto Racing Writers

    SONOMA, Calif.--(BUSINESS WIRE)--April 13, 2005--Infineon Raceway and Argent Mortgage Company have entered into a partnership that will make one of the nation's leading mortgage lenders the title sponsor of the first world-class open-wheel race in 35 years at the Sonoma Valley facility, officials from both companies announced.
    Argent Mortgage will become the title sponsor of the Argent Mortgage Indy Grand Prix at Infineon Raceway, Aug. 26-28. This marks the first-ever event on a permanent road course in the 10-year history of the IRL IndyCar(R) Series.
    "We are proud to be the title sponsor of the Argent Mortgage Indy Grand Prix at the Sonoma facility and to be associated with this historic Indy Racing League event," said Wayne Lee, president of Argent Mortgage Company. "This partnership is a natural extension of Argent's 2005 integrated marketing program. Just as the return of open-wheel racing to a permanent road course will give IRL fans a fresh new racing experience, Argent takes an unconforming approach to mortgage lending that helps independent mortgage brokers deliver a superior lending experience for consumers across the nation."
    "Argent Mortgage has been one of the strongest and most active supporters of IndyCar(R) racing in recent years. We are excited to launch this new partnership and look forward to working with Argent Mortgage on this historic event for Infineon Raceway," said Steve Page, president and general manager of Infineon Raceway.
    The partnership continues a strong presence for Argent Mortgage with the IRL. The company is the Official Mortgage Company of the IRL IndyCar(R) Series and the Indianapolis 500 and is also partnering with Rahal Letterman Racing to serve as primary sponsor of the #16 Argent Mortgage/Pioneer Honda driven by Danica Patrick and co-primary sponsor of the #15 Argent Mortgage/Pioneer Honda driven by 2004 Indy 500 winner Buddy Rice.

    About Speedway Motorsports Inc.

    Speedway Motorsports (NYSE:TRK) is a leading marketer and promoter of motorsports entertainment in the United States. The Company owns and operates the following premiere speedways: Atlanta Motor Speedway, Bristol Motor Speedway, Infineon Raceway, Las Vegas Motor Speedway, Lowe's Motor Speedway and Texas Motor Speedway. The Company provides souvenir merchandising services through its SMI Properties subsidiary, and manufactures and distributes smaller-scale, modified racing cars through its 600 Racing subsidiary. The Company also owns Performance Racing Network (PRN) which broadcasts syndicated motorsports programming to more than 710 radio stations nationwide including XM Satellite and NASCAR.com. For more information, visit the Company's website at www.gospeedway.com.

    About Argent Mortgage

    Headquartered in Irvine, Calif., Argent Mortgage Company is a leading national mortgage lender. The company works exclusively with independent mortgage brokers and bankers across the country through loan processing centers in California, Illinois and New York. For more information about Argent Mortgage or to locate an independent mortgage broker near you, visit the company's Web site at www.argentloans.com.

--30--JC/sf*

CONTACT: Infineon Raceway John Cardinale, 707-933-3907 or 707-334-9805 (cell) jcardinale@infineonraceway.com or Gladstone International (for Argent Mortgage) Sharon Villanueva Scott, 949-218-8008 or 310-594-6545 (cell) sscott@newhousepr.com

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: BUILDING/CONSTRUCTION REAL ESTATE BANKING SPORTS MARKETING AGREEMENTS SOURCE: Infineon Raceway

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