Copart to Sponsor KHI's No. 33 in Five NASCAR Truck Series Events.
FAIRFIELD, Calif. -- Copart, Inc. (NASDAQ NASDAQ
in full National Association of Securities Dealers Automated Quotations
U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CPRT CPRT Copart Inc. (stock symbol)
CPRT Citizens for Personal Rapid Transit
CPRT Client Perceived Response Time
CPRT Coprocessor Register Transfer
CPRT Cancer Prevention Research Trust
CPRT Classic Professional Racquetball Tour ), a leading online vehicle remarketer, is proud to announce that the company is the primary sponsor of Kevin Harvick For the racing team owned by Kevin Harvick and his wife Delana, see .
Kevin Michael Harvick (born December 8, 1975 in Bakersfield, California) is an American race car driver and car owner, competing in the NASCAR NEXTEL Cup and Busch Series for Richard Childress Racing, driving Inc.'s No. 33 Chevrolet Silverado driven by Ron Hornaday Ron Hornaday, Jr. (born in Palmdale, California on June 20, 1958) is a NASCAR Craftsman Truck Series driver. He is the father of former NASCAR driver Ronnie Hornaday, and the son of Ron Hornaday, Sr., a two time Winston West Champion. for five of the 25 NASCAR NASCAR (National Association for Stock Car Auto Racing), organization that sanctions American stock-car races, est. 1948. It held its first race in Daytona Beach, Fla. Camping World Truck Series events to be held in 2009.
"We believe this new sponsorship with KHI khi
Variant of chi1. is the perfect opportunity for us to show NASCAR fans and car enthusiasts what professional buyers have known for years - that Copart is the best place to find cars," said Copart President Jay Adair. "Copart and the No. 33 team are a natural fit because just like Copart is a proven front runner front runner n → favorito/a
front runner n (fig) → favori(te)
front runner n (fig) → in the auto remarketing world, the Kevin Harvick Inc. team and driver Ron Hornaday are proven front runners in the racing world."
The sponsorship comes shortly after Copart enhanced its website to make it easier for new buyers to search for and view vehicles offered at www.copart.com.
"During these difficult economic times we are proud to be able to foster new relationships and expose new businesses to the power of the NASCAR market," said Kevin Harvick, KHI co-owner.
The convenience of Copart's patented VB2 virtual auction technology, which allows buyers from all over the world to bid on vehicles online from the comfort of their computer, has already attracted more than 100,000 professional buyers from more than 100 countries who buy more than 1 million vehicles every year.
"Copart is dedicated to continued buyer awareness so that our sellers can continue to enjoy the most efficient bidding environment possible," said Adair. "We believe our sponsorship of the No. 33 team during these NASCAR events will help us do just that, as NASCAR fans love cars! Our goal is to make Copart a household name among car fanatics everywhere!"
"The No. 33 team is proving to be as strong as ever this season," said three-time Truck Series champion Ron Hornaday. "It is new partners like Copart that make our job at the track that much easier, and we are looking forward to taking them to victory lane."
Look for Ron Hornaday and the No. 33 Copart Racing Chevrolet Silverado at the following Truck Series events:
April 25 - Kansas
June 19 - Milwaukee
Sept. 19 - New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E).
Sept. 26 - Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.
Oct. 31 - Talladega
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and, in some states, to end users. Copart remarkets the vehicles through Internet sales utilizing its patented VB2 technology. Copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet operators, dealers, car dealerships, the general public and others. The company currently operates 147 facilities in the United States, Canada and the United Kingdom. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business.
About Kevin Harvick Inc.
Kevin Harvick Inc. (KHI), established in 2001, is a 70,000 sq. ft. facility located in Kernersville, N.C. KHI houses two full-time Truck Series teams, including the 2007 series champions, the No. 33 Chevrolet Silverado driven by three-time Truck Series champion Ron Hornaday and the No. 4 KHI All-Stars Chevrolet Silverado driven by Ricky Carmichael and a variety of NASCAR Sprint Cup stars. KHI is also home to the No. 33 Chevrolet Impala competing full-time in the Nationwide Series, with drivers Kevin Harvick (a two-time Nationwide Series champion), Hornaday and Cale Gale. The 2009 season marks KHI's sixth year of full-time competition in NASCAR's elite divisions. Visit www.kevinharvickinc.com for more information.
Cautionary Language Regarding Forward-looking statements
This press release contains forward-looking statements within the meaning of federal securities laws, including statements regarding our expectations with respect to our sponsorship of the KHI racing team during a portion of the 2009 NCWTS racing season. In particular, we can provide no assurance that our racing sponsorship as described in this press release will result in an increase in our buyer base. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments. For a more complete discussion of the risks that could affect our business, please review the "management's discussion and analysis Management's discussion and analysis (MD&A)
A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial " and the other risks identified in Copart's latest Annual Report on Form 10-K Form 10-K
A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.
See 10-K. , Quarterly Reports on Form 10-Q Form 10-Q
See 10-Q. , and Current Reports on Form 8-K Form 8-K
The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock.
See 8-K. , as filed with the Securities and Exchange Commission. We encourage investors to review these disclosures carefully. We do not undertake to update any forward-looking statement that may be made from time to time on our behalf.