Globe Life Park in Arlington is a stadium in Arlington, Texas, located between Dallas and Fort Worth. It is home to the American League's Texas Rangers, and the Texas Rangers Baseball Hall of Fame. It was constructed as a replacement for nearby Arlington Stadium. It was known as The Ballpark in Arlington until May 7, 2004, when Ameriquest bought the naming rights to it and renamed it Ameriquest Field in Arlington. On March 19, 2007, the Rangers severed their relationship with Ameriquest and announced that it would be renamed Rangers Ballpark in Arlington. On February 5, 2014, Globe Life and Accident Insurance Company bought the naming rights to it. Globe Life is owned by Torchmark Corporation, which is based in McKinney, Texas, a northern suburb of Dallas.