In this note, we explore an apparently new one parameter family of conics associated to a triangle. Given a triangle we study ellipses whose one axis is parallel to one of sides of the triangle. The centers of these ellipses move along three hyperbolas, one for each side of the triangle. These hyperbolas intersect in four common points, which we identify as centers of incircle and the three excircles of the triangle. Thus they belong to a pencil of conics. We trace centers of all conics in the family and establish a surprising fact that they move along the excircle of the triangle. Even though our research is motivated by a problem in elementary geometry, its solution involves some non-trivial algebra and appeal to effective computational methods of algebraic geometry. Our work is illustrated by an animation in Geogebra and accompanied by a Singular file.