Indianapolis 500 News
Luczo Dragon Racing Partners With 12 Champion Athletes to Raise Money and Awareness for Charitable Causes at Indy 500
Each year, Luczo Dragon Racing partners with 12 champion athletes, to match their #12 Symantec car, and donates approximately half of its racing profits to the charities supported by the athletes. This year's team of champions is boxer
The LDR community development program was designed to raise money, increase exposure to the sport of auto racing and encourage a philanthropic spirit that inspires others to make an impact in their communities.
"There are just not enough rich people in the world to write checks big enough that will solve the problems we are all facing with respect to hunger, at risk children and the environment. It's just not sustainable," Luczo Dragon Racing co-owner
LDR formed its first team of celebrities for the 2007
Combined the 2007 and 2008 Luczo Dragon Racing team of champions have won 13 Super Bowls, 15 Olympic Gold Medals, 28 Grand Slam victories, 23 World Championships, 10 Wimbledon titles, five World Series titles, four Stanley Cups, four Indy 500 championships, six US Open crowns, 17 League MVPs, five Super Bowl MVPs, one Heisman Trophy, 11 Hall of Fame inductions and more than 100 All-Star team selections.
"We're hoping this model can be replicated in many sports," Luczo said. "Once you get a sports team up and running and operating efficiently there is the opportunity to generate excess profits. Ownership of a professional sports entity is a privilege and carries community responsibility. Given various tax benefits and asset appreciation, it is possible to share those profits with the communities they serve."
SOURCE Luczo Dragon Racing
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