Belmont Park announced today a presenting sponsor for this year's Belmont Stakes (gr. I).
In addition to the Triple Crown being sponsored by Visa, the Belmont Stakes will have Argent Mortgage as its presenting sponsor.
The Belmont, the third leg of the Triple Crown, will be run June 11.
"The New York Racing Association is proud to have a company like Argent Mortgage Company as the presenting sponsor of the Belmont Stakes," NYRA senior vice president Bill Nader said. "Argent's active interest in sports and its attraction to major events make it an ideal match with the Belmont Stakes. In this, the 100th anniversary year of Belmont Park, the Belmont Stakes has never been bigger. It remains the most challenging leg of the Triple Crown and racing fans everywhere have made it the exciting event that it is."
"Visa sponsors the overall event, but each of the three tracks--Churchill Downs, Pimilico, and Belmont Park--certainly are entitled to have sub-sponsors for their races," Ed Seigenfeld, executive director of Triple Crown Productions, said.
"Of course, they couldn't go out and get MasterCard," Seigenfeid added. "Visa has exclusivitity in the financial category."
Argent, a national mortgage company, is based in Irvine, Calif.