09.10.2009 17:45:00
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Copart and Carl Edwards Team up for 2010 NASCAR Nationwide Season
Copart, Inc. (NASDAQ:CPRT), a leading online vehicle auction, is proud to announce that the company has entered into an agreement with Roush Fenway Racing to sponsor Carl Edwards and the No. 60 Ford. Copart will appear as the primary sponsor on the No. 60 for 16 races beginning in 2010 and will appear as an associate sponsor on the Ford for the remaining races.
"Copart is proud to be a part of Roush Fenway Racing and we look forward to a winning season with Carl Edwards and the No. 60 Copart Nationwide car,” said Jay Adair, president of Copart. "We feel this new relationship will further our efforts in becoming a well-known name among NASCAR fans as a great place to find vehicles.”
Copart recently enhanced its website to make it easier to search for and view vehicles offered at www.copart.com, demonstrating Copart’s ongoing commitment to provide the most efficient bidding environment possible.
Copart will first appear as a primary sponsor on the No. 60 Ford at Auto Club Speedway in February of next year. Edwards, the 2007 Nationwide Series champion, has one win, two poles, six top-five and seven top-10’s in just nine starts at the 2-mile oval. To date, Edwards has 24 career Nationwide wins – a number that he looks to add to in 2010 with Copart on his team.
Edwards is a fan of auctions and used to purchase vehicles from an auction that Copart now owns. He’d fix the vehicles up with his dad and then resell them.
"I’m very excited about the Copart relationship,” stated Edwards. "It will be fun to get the word out on what they do and how many vehicles are out there. I look forward to having Copart as part of our team next year and taking the No. 60 Copart Ford to victory lane.”
About Copart
Copart, founded in 1982, provides vehicle sellers with a full range of remarketing services to process and sell cars, trucks, motorcycles and other vehicles to dealers, dismantlers, rebuilders, exporters, and to consumers. Copart remarkets the vehicles through an Internet based auction 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. For more information, or to become a registered member, visit www.copart.com.
About Roush Fenway Racing
Roush Fenway Racing is NASCAR’s largest team operating nine motorsports teams. Five in the NASCAR Sprint Cup Series with drivers Matt Kenseth, Jamie McMurray, Greg Biffle, Carl Edwards and David Ragan; three in the Nationwide Series with Kenseth, Biffle, Edwards, Ragan, Erik Darnell, Ricky Stenhouse, Jr. and Colin Braun; and one in the Camping World Truck Series with Braun. For more information on any of the Roush Fenway Racing teams, log onto www.RoushFenway.com. For sponsorship inquiries please contact Robin Johnson at 704.720.4645.
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 Carl Edwards in the Nationwide Series. In particular, we can provide no assurance that our racing sponsorship as described in this press release will result in an increase in our brand awareness, customer base, sales volumes, or revenues. 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.
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Copart Inc. | 59,89 | -0,23% |
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