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Quicken Loans to Be Presenting Sponsor of Dual in Detroit

DETROIT, Mich. (November 20, 2012) - The Chevrolet Detroit Belle Isle Grand Prix has announced that Detroit-based Quicken Loans, the nation's largest online mortgage lender, will serve as presenting sponsor of both IZOD IndyCar Series races next summer on Belle Isle.

The Chevrolet Indy Dual in Detroit presented by Quicken Loans (event logo attached) will feature two 70-lap championship IndyCar Series races as part of next year's Grand Prix. The first Dual race will take place on the afternoon of Saturday, June 1, and the second Dual will be contested on the afternoon of Sunday, June 2. The doubleheader represents the first time that two IndyCar races will be hosted on the same weekend in the history of the Detroit Grand Prix. It will also mark the first of three IndyCar doubleheader race weekends as the new format makes its long-awaited debut in Detroit in 2013. Both races will be televised live from coast to coast on ABC.

"We are very excited to sponsor the Dual in Detroit and the efforts to continue the Grand Prix in Detroit - the home of the automobile," said Jay Farner, President and Chief Marketing Officer of Quicken Loans. "There is a tremendous transformation taking place in the city, and the Chevrolet Detroit Belle Isle Grand Prix is an amazing opportunity to showcase our city to the world. We look forward to a weekend full of exciting racing."

The Chevrolet Indy Dual in Detroit presented by Quicken Loans will take place on the newly-repaved and recently reconfigured 13-turn, 2.35-mile Raceway at Belle Isle Park street circuit. Series officials announced in October that not only has more than 80,000 square feet of the track surface been repaved this fall, but a half-mile straightaway has also been added between Turns 2 and 3 to create more passing opportunities and exciting racing action.

"Combined with the changes we've made to the track on Belle Isle, the Dual in Detroit IndyCar races will bring a whole new level of excitement to the 2013 Grand Prix," said Bud Denker, Event Chairman of the Chevrolet Detroit Belle Isle Grand Prix. "We're very excited to welcome Quicken Loans as presenting sponsor of the Dual in Detroit. As a Detroit-based business that supports great events in our community, we know Quicken Loans will be a terrific partner as we continue to grow the Grand Prix."

Tickets for the 2013 Chevrolet Detroit Belle Isle Grand Prix went on sale today and fans can purchase theirs online at www.DetroitGP.com or call the ticket hotline at 866-464-PRIX (7749).

About the Chevrolet Detroit Belle Isle Grand Prix:
The Chevrolet Detroit Belle Isle Grand Prix is a 501(c)3 organization and a subsidiary of the Downtown Detroit Partnership. Held May 31-June 2, 2013, the event will include the Chevrolet Indy Dual in Detroit presented by Quicken Loans featuring the cars of the IZOD IndyCar Series, the Chevrolet GRAND-AM 200 at Belle Isle presented by the Metro Detroit Chevy Dealers with the sports cars of the GRAND-AM Rolex Series and the Cadillac V-Series Challenge presented by the Metro Detroit Cadillac Dealers featuring the cars of the Pirelli World Challenge Championship Series. Partners for the 2013 Grand Prix include General Motors, Quicken Loans and MotorCity Casino Hotel. For more information, visit www.DetroitGP.com and follow our social media pages at www.facebook.com/detroitgp and www.twitter.com/detroitgp.

About Quicken Loans:
Detroit-based Quicken Loans Inc. is the nation's largest online home lender and fourth largest retail lender. The company closed a record $30 billion in retail home loan volume across all 50 states in 2011 and is on track to close approximately $70 billion in 2012. Quicken Loans generates loan production from five web centers located in Detroit, Ohio and 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 #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power and Associates in 2010, 2011 and 2012. "QuickenLoans.com" has been named "Best of the Web" by Forbes and Money magazines. The company ranked in the top 10 of FORTUNE magazine's "100 Best Companies to Work For" in 2012 and has placed among the top 30 companies on FORTUNE's list for the past nine years. It ranked in the top 15 of Computerworld magazine's "100 Best Places to Work In Technology" for eight years in a row, ranking in the top 5 in 2012. The company has moved its headquarters and more than 6,500 of its 8,000 plus team members to downtown Detroit. For more information about Quicken Loans, please visit us on the web at www.quickenloans.com, on Twitter at @QLnews, and on Facebook at www.facebook.com/QuickenLoans.

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