Top Race Kart Driver Pledges to Raise $1 Million to Accelerate the Discovery and Development of New Medical Solutions for Deadly and Debilitating Diseases

l FasterCures LogoTag3 highres Top Race Kart Driver Pledges to Raise $1 Million to Accelerate the Discovery and Development of New Medical Solutions for Deadly and Debilitating Diseases

CHICAGO–(BUSINESS WIRE)–Seventeen-year-old race car driver Andrew Palmer is racing for a cause by partnering with FasterCures, the Milken Institute’s Center for Accelerating Medical Solutions, to raffle its first Dream Cars – two extraordinary Porsches, a white 2012 911 Turbo S and a white 2012 Cayenne Turbo – and $75,000 in cash.

“I hope that by entering the Dream Cars in a motorsports event, we can build greater support for FasterCures’ important work”

Andrew Palmer, also a senior at the University of Chicago Laboratory High School, has pledged to assist in raising $1 million benefitting FasterCures by racing in the Tire Rack One Lap of America with the Dream Cars, May 5-12. This event marks the 29th annual race, an eight day event consisting of 19 on-track race stages conducted at nine different venues separated by 3,350 miles.

“I hope that by entering the Dream Cars in a motorsports event, we can build greater support for FasterCures‘ important work,” said Palmer, one of the top kart racing drivers in the U.S. and the 2010 Rotax National Champion.

The FasterCures Dream Cars Raffle will be drawn Monday, July 9, 2012. Raffle tickets are $200 each. All proceeds will benefit FasterCures, a nonprofit, nonpartisan organization committed to saving lives by saving time.

Getting new medicines to patients takes an average of 15 years and it costs more than $1 billion to develop one drug. FasterCures is determined to improve the medical research system – to speed up the time it takes to get new medicines from discovery to patients – and ultimately improve and save lives.

Palmer added, “I was struck by the wide range of resources and skills required to accelerate medical solutions and can personally relate that to the wide range of resources and skills needed to accelerate and be competitive in a race car, which is why we decided to do more than just raise money – we also wanted to raise awareness and highlight the team effort involved.”

FasterCures and Andrew Palmer Racing would like to thank all the people and organizations that have helped with this effort, including Diamond Resorts International®, Katten Muchin Rosenman, Integrated Properties, The Auto Gallery Porsche, Global Motorsports Group and J3 Competition.

For more information, please visit http://www.fastercures.org/raffle/how-to-enter.html

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