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Ruoff Home Mortgage gearing up for round 2 at Indy 500

FORT WAYNE, Ind. (WANE) - - A local mortgage company was pushed into the national spotlight after sponsoring the winning car at the Indianapolis 500 in 2017. Mark Music, CEO of Ruoff Home Mortgage, is gearing up for round two.

"It's just a magic moment that you can never imagine or dream that happening," said Music.

The last-minute decision turned out to be one of the best Music said he has  ever made. Less than a week before the race he signed a deal with Andretti to sponsor a car driven by Takuma Sato, who was the first Japanese driver to win.

"I just had modest expectations," said Music. "Maybe near the lead or maybe we lead a lap. It was just outstanding."

As a result, the company's name was pushed into national spotlight which helped pave the way for some major opportunities.

"It's one of many things that we've had going on that helped us with the momentum we've been able to create," he said.

According to Music, business at Ruoff Home Mortgage is up 30 percent over last year, the company bought the naming rights for the former Klipsch Music Center in Noblesville, and Music is in talks with the city of Fort Wayne to build a new corporate office in the heart of downtown.

"It is a challenge to try to put a value on it but we're always amazed everyday it seems like it keeps pay dividends so to speak," said Music.

Carlos Munoz is will drive the car sponsored by Ruoff this year. Music said he realizes the odds of going back to the winner's circle for a 2nd year in a row may not be in his favor. However, he believes Munoz will represent the company well.

It  will be Munoz's 6th time racing in the Indy 500. As a rookie Munoz finished second, which is one of two second place finishes. In fact, Munoz said the company was close to sponsoring him in 2016, the same year he placed second. 
"I think that motivated him to come back with Andretti," he said."Now he's with me this year. It's a lot of pressure but I'm really excited to represent this company."

Munoz and other drivers have been laying down laps getting ready for the big race.

"Traffic is going to be tougher but it's going to be great," said Munoz. "I think the Indy 500 has done a great job. Hopefully we put a really good show for the fans. That's a main priority for us"

Music said he has been afforded a unique opportunity to bring together his passion for racing and mortgages.

"For it to be a passion and also to integrate into your business that you're involved with... it's kind of neat the bring the two together and a little luck on top of it," he said. 

Win or lose, he is forever grateful for getting  exposure on the track and developing business relationships in the corporate hospitality suite. 

"No matter what happens... even if he wrecks in the first lap, we are still the primary sponsor of the Indy 500 champion for the 101st Indy 500." said Music. "They can never take that from us no matter what."

The race will be held on Sunday May 27, 2018. 

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