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Miss HomeStreet Hydroplane Wins the 2022 HAPO Columbia Cup and Sets New Speed Record

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HomeStreet's hydroplane, driven by Jimmy Shane, clinched victory at the HAPO Columbia Cup held in Tri-Cities, Washington. Shane achieved a remarkable feat by winning all four preliminary heats and setting a new course record with an average speed of 164.039 mph, surpassing the previous record of 163.579 mph. This win continues to solidify HomeStreet's lead in the National High Point standings. The team looks forward to competing for the HomeStreet Bank Cup at the upcoming Seafair Festival in Seattle.

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  • Victory at the HAPO Columbia Cup solidifies brand presence and community engagement.
  • Jimmy Shane's new course record enhances the reputation of HomeStreet in the racing community.
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SEATTLE--(BUSINESS WIRE)-- In the third unlimited hydroplane race of the season, Miss HomeStreet and championship driver, Jimmy Shane, won the HAPO Columbia Cup today in Tri-Cities, Washington. Over the weekend, Shane had a perfect run, winning all four of the preliminary heats on the 2.5-mile river course. Shane also set a new course qualifying record, driving Miss HomeStreet to an average speed of 164.039 mph. This is the fastest mark on the river since 2010, beating the previous average speed of 163.579 mph set by Dave Villwock. Shane entered the Tri-Cities event as the winner of the 2022 H1 Unlimited Racing Series, held in early July in Madison, Indiana. The Miss HomeStreet team continues to lead the sport in the National High Point standings.

"Winning the Columbia Cup in front of the world's greatest fans is an amazing feeling," said Miss HomeStreet driver, Jimmy Shane. "Next stop will be Seattle this coming weekend, where we’ll be a part of the iconic Seafair Festival, racing to win the HomeStreet Bank Cup."

"Hats off to Jimmy Shane and the entire racing team – they did a phenomenal job," said HomeStreet Bank CEO and President, Mark K. Mason. "Nothing says the Pacific Northwest quite like hydroplane racing and we look forward to welcoming all the fans to Lake Washington. As the official bank sponsor of Seafair, we’re proud to be a part of such a long-standing community tradition."

You can follow Miss HomeStreet’s activities on HomeStreet Bank's Facebook and Twitter, and via the H-1 Unlimited racing team's website.

About HomeStreet, Inc.

HomeStreet, Inc. (Nasdaq: HMST) (the “Company”) is a diversified financial services company headquartered in Seattle, Washington, serving consumers and businesses in the Western United States and Hawaii through its various operating subsidiaries. The Company’s primary business is community banking, including: commercial real estate lending, commercial lending, residential construction lending, single family residential lending, retail banking, private banking, and insurance services. Its principal subsidiaries are HomeStreet Bank and HomeStreet Capital Corporation. HomeStreet Bank is the winner of the 2022 “Best Small Bank” in Washington Newsweek magazine award. Visit www.homestreet.com or our investor relations website at http://ir.homestreet.com to learn more.

Source: HomeStreet, Inc.

Media Relations:

Misty Ford, 206-876-5506

misty.ford@homestreet.com

 

Source: HomeStreet, Inc.

FAQ

What did HomeStreet achieve at the HAPO Columbia Cup?

HomeStreet's hydroplane, driven by Jimmy Shane, won the HAPO Columbia Cup, winning all preliminary heats and setting a new course record.

When is HomeStreet competing next after the Columbia Cup?

HomeStreet will compete in the HomeStreet Bank Cup at the Seafair Festival in Seattle this coming weekend.

What was the new course record set by Jimmy Shane at the Columbia Cup?

The new course record set by Jimmy Shane at the Columbia Cup was an average speed of 164.039 mph.

How did Jimmy Shane perform in the Columbia Cup preliminary heats?

Jimmy Shane won all four preliminary heats at the Columbia Cup.

What is the significance of the HAPO Columbia Cup win for HomeStreet?

Winning the HAPO Columbia Cup enhances HomeStreet's brand visibility and strengthens its position in the racing community.

HomeStreet, Inc.

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