ChevronTexaco Selects Home123 as Associate Sponsor of #42 Texaco/Havoline Dodge

Media Contact: Greer McVay, Trade Media and Internal Communications
Mgr.,

North America Lubricants, ChevronTexaco Products Company,

 (925) 790-6908, GCMcVay@chevrontexaco.com

 

Media Contact: Jennifer Jaudon, Chip Ganassi Racing with Felix Sabates

704.746.6434, jjaudon@ganassi.com  

 

For Immediate Release 

 

ChevronTexaco Selects Home123 as 

Associate Sponsor of #42 Texaco/Havoline Dodge

 

SAN RAMON, Calif., February 25, 2005 -- ChevronTexaco Products Company
(CTPC), a division of Chevron USA Inc., announced today it has signed
Home123 Corporation, a subsidiary of New Century Financial Corporation,
as an associate sponsor of the #42 Texaco/Havoline Dodge in the 2005
National Association of Stock Car Auto Racing (NASCAR) Nextel Cup
season. 

 

"Texaco/Havoline's 18-year racing heritage, as well as its recent
success with Jamie McMurray behind the wheel, has generated strong
interest from a variety of companies in co-sponsorship of the #42
Texaco/Havoline Dodge," said Mark Nelson, President, ChevronTexaco
Global Lubricants. "ChevronTexaco chose to join with Home123 as both
companies share a commitment to the communities they serve and a desire
to communicate more effectively with a specific customer target: NASCAR
fans."  

 

In choosing an associate corporate sponsor, ChevronTexaco weighed its
options against three critical criteria: a similar value system, a
symbiotic customer base from which each company could expand sales, and
a mutual agreement on a list of priority races for the 2005 season. 

 

Through the new marketing agreement, Home123 will have primary
sponsorship rights for six NASCAR Nextel Cup races including Phoenix
(April 23rd), Michigan (June 19th), Daytona (July 2nd), Chicago (July
10th), Watkins Glen (August 14th) and Fontana (September 9th). During
those races, the #42 Texaco/Havoline Dodge, piloted by Jamie McMurray,
will be painted with a blue and white Home123 color scheme. 

 

In addition, Home123 will support Jamie McMurray's charitable cause,
"Driving Autism Awareness," by matching the $42 donations each being
made by McMurray, ChevronTexaco and Chip Ganassi Racing for every lap
McMurray leads in the 2005 season. With Home123's additional financial
commitment, each lap that McMurray leads during the 2005 season will
generate $168 in donations to assist with autism research and public
education. All proceeds from "Driving Autism Awareness" will be given to
the Autism Society of America. 

 

"Home123 is thrilled to be a new sponsor of the NASCAR Nextel Cup
Series, and we are especially pleased to be doing so in conjunction with
ChevronTexaco and the #42 Texaco/Havoline Dodge," said Patrick J.
Flanagan, chief executive officer of Home123. "Because of the company's
long racing heritage and years of NASCAR promotion experience, we
believe this relationship provides a great opportunity for us to
generate awareness for the Home123 brand." 

 

The 2005 season marks Texaco/Havoline's 18th consecutive year as sponsor
in the NASCAR NEXTEL Cup Series.  Through its long-term sponsorship of
motorsports, Texaco/Havoline Racing tests its products in the most
demanding of laboratories -- high-speed automobiles performing on the
tracks and roads of the international racing circuit. This ongoing
commitment helps ensure the excellence of Texaco/Havoline's products and
build customer loyalty among the millions of racing fans in the United
States and around the world. 

 

About ChevronTexaco Products Company 
ChevronTexaco Products Company is a division of a wholly owned
subsidiary of the ChevronTexaco Corporation .   

 

A full line of lubrication and coolant products are marketed thorough
this organization under the Chevron, Texaco and Caltex brand names.
Select brands include Havoline(r), Delo(r), Ursa(r), Revtex(r) and
Texaco Xpress Lube(r).  ChevronTexaco Products Company owns patented
technology in advanced lubricants products and new generation base oil
technology, as well as coolants. In addition, ChevronTexaco Products
Company offers premium gasoline products and a superior retail
experience under two highly trusted brands, Chevron and Texaco.

 

Headquartered in San Ramon, CA, ChevronTexaco Products Company, together
with its ChevronTexaco affiliates worldwide, is ranked among the top
three global marketers of lubricants, and is active in more than 180
countries through 4,000 employees.

 

 

About ChevronTexaco Corporation

ChevronTexaco Corporation is one of the world's leading energy
companies. With more than 47,000 employees, ChevronTexaco conducts
business in approximately 180 countries around the world, producing and
transporting crude oil and natural gas, and marketing and distributing
fuels and other energy products. ChevronTexaco is based in San Ramon,
Calif. More information on ChevronTexaco is available at
www.chevrontexaco.com <http://www.chevrontexaco.com> . 

About Home 123 Corporation

 

Headquartered in Irvine, California, Home123 Corporation is a subsidiary
of New Century Financial Corporation.  New Century Financial Corporation
is a real estate investment trust and the parent company of one of the
nation's largest non-prime mortgage finance companies, providing first
and second mortgage products to borrowers nationwide through its
operating subsidiaries.  New Century is committed to serving the
communities in which it operates with fair and responsible lending
practices.  To find out more about Home123 or New Century, please visit
www.Home123.com <http://www.home123.com/>  or www.ncen.com
<http://www.ncen.com/> .

###

 

 

 

Jennifer Jaudon

Media Relations 

Chip Ganassi Racing with Felix Sabates

8500 Westmoreland Drive

Concord, NC 28027

Office: 704.662.9642 x. 1188

Cell: 704.746.6434

Fax: 704.662.9643

jjaudon@ganassi.com

www.chipganassiracing.com