|
SunTrust Returns As Official Bank of Snap-on Stars of Karting |
|
|
|
|
Friday, 11 April 2008 |
 Everyone knows good things come in threes, and for SunTrust Bank, Inc., three's a charm as the company is proud to be back for a third consecutive year as Official Bank of the Snap-On Stars of Karting.
The young, up-and-coming future racing stars of the world took to the track for a new season in Ocala, Fla., last weekend (April 4-6) in the Ocala Grand Prix East Stars of Karting East Coast doubleheader. And, once again, SunTrust is on board as not only a provider of financial services to competitors and their families, but counsel to the young competitors in the areas of financial education, sponsorship activities, and how to conduct themselves on the race track in the hopes of rising through the racing ranks to the highest levels of motorsports worldwide.
"SunTrust long has been known as the `Official Bank of Motorsports' as we have developed and maintained partnerships with a vast array of motorsports properties," said Craig Kelly, Corporate Executive Vice President, Chief Marketing Officer, SunTrust Bank, Inc. "Anchored by our sponsorship of the championship-winning No. 10 SunTrust Pontiac Dallara team of Wayne Taylor Racing in the Grand-Am Rolex Sports Car Series, SunTrust is proud of its longstanding relationships with such elite racing venues as the Daytona International Speedway, Homestead-Miami Speedway and Richmond International Raceway, popular and exciting racing series such as Grand-Am, the SunTrust Moto-ST Series and the ARCA RE/MAX Series, and our title sponsorship of the IRL IndyCar Series' SunTrust Indy Challenge at Richmond. Along those lines, we are just as committed and determined to support the future racers of the world by our ongoing commitment to youth racing and the Snap-On Stars of Karting series."
As part of its Stars of Karting partnership, SunTrust will award the third annual SunTrust Youth Racing Scholarship at season's end to further the career of a series competitor. Last December, 15-year-old Hayden Duerson of St. Petersburg, Fla., was the recipient of the second annual SunTrust Youth Racing Scholarship, which facilitated his involvement in the prestigious Skip Barber Karting Shootout at Sebring, Fla., in January.
After last weekend's season-opening doubleheader in Ocala, the Stars of Karting schedule takes the series to Tooele, Utah (April 25-27), New Castle, Ind. (May 30 to June 1), Shawano, Wis. (July 11-13), Kent, Wash. (Aug. 22-24), Las Vegas (Oct. 10-12), and Orlando (Dec. 11).
To learn more about SunTrust, Official Bank of Motorsports and its specialized banking services, go to www.suntrust.com/motorsportsbanking and www.suntrustracing.com.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of December 31, 2007, SunTrust had total assets of $179.6 billion and total deposits of $117.8 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com.
Snap-on Stars of Karting presented by IndyCar Series is based out of Seattle, Washington, sanctioned by the World Karting Association (WKA) and owned and operated by 1986 Indianapolis 500 champion and IRL IndyCar Series team owner Bobby Rahal, IndyCar Series driver Bryan Herta and veteran karting promoter Paul Zalud. www.starsofkarting.com, www.worldkarting.com.
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, diagnostics and equipment solutions for professional users. Product lines include hand and power tools, tool storage, diagnostics software, information and management systems, shop equipment and other solutions for vehicle manufacturers, dealerships and repair centers, as well as customers in industry, government, agriculture and construction. Products are sold through its franchisees, company-direct sales and distributor channels, as well as over the Internet. Founded in 1920, Snap-on is a $2.5 billion, S&P 500 company headquartered in Kenosha, Wisconsin. For additional information on Snap-on, visit www.snapon.com.
The Indy Racing League was formed in 1994 to preserve the heritage and excitement of the Indianapolis 500 in U.S. open-wheel racing. The Indy Racing League is the sanctioning body of the IndyCar Series, the premier open-wheel racing series in the United States, and the Firestone Indy Lights Series, which serves as an essential stepping stone for drivers striving to reach the IndyCar Series. Indy Racing League events are available to a worldwide audience through a variety of multimedia platforms, highlighted by a long-term and broad-reaching partnership with ABC Sports/ESPN. The Indy Racing League is continually at the forefront of motorsports innovation with drivers, teams and tracks benefiting from major safety and technological improvements such as the SAFER Barrier, SWEMS wheel tethers, chassis enhancements, ethanol fuel and Delphi IRL Safety Team. www.indycar.com
|
|
|
