Copart to Sponsor KHI's No. 33 in Five NASCAR Truck Series Events.
"We believe this new sponsorship with KHI 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 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
Sept. 26 - Las Vegas
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" and the other risks identified in Copart's latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 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.
|Printer friendly Cite/link Email Feedback|
|Date:||Apr 13, 2009|
|Previous Article:||Radisson LAX Signs Union Contract with UNITE HERE Local 11, Becoming Fourth LAX Hotel to Become Union on the ' New Century' Blvd.|
|Next Article:||Atlantic Pacific Bank Hires Larry Tidwell as Head of Bank's Real Estate Industries Group.|