Copart Expands NASCAR Sponsorship With Kevin Harvick Inc. for No. 33 Nationwide Series Car

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May 26th, 2009 Leave a comment Visited 24 times, 1 so far today

Copart, Inc. (NASDAQ:CPRT), a leading online vehicle remarketer, is proud to announce that the company is expanding its sponsorship with KHI to include seven races on the No. 33 NASCAR Nationwide Series entry. Copart will serve as the primary sponsor in these races for three different KHI Nationwide drivers including team co-owner Kevin Harvick, 2008 Daytona 500 champion Ryan Newman, and Kelly Bires.

Copart is also serving as primary sponsor for Kevin Harvick Inc.’s No. 33 Chevrolet Silverado driven by Ron Hornaday for five of the 25 NASCAR Camping World Truck Series events to be held in 2009.

“We are excited to expand our relationship with KHI and get the word out to Nationwide Series fans, as well as Camping World Truck Series fans that Copart is the best place to find cars,” said Copart President Jay Adair. “This is just another sign of our commitment to continue providing the most efficient bidding environment possible for our sellers.”

Copart recently enhanced its website to make it easier for new buyers to search for and view vehicles offered at www.copart.com.

“NASCAR fans love cars, and we believe that by showing them what Copart has to offer, they too will have the opportunity to experience the same ease-of-use and access to a huge inventory of great vehicles that Copart.com’s professional buyers have enjoyed for years,” said Adair.

KHI co-owner Kevin Harvick said he is also enthusiastic about his team expanding its relationship with Copart.

“This year the No. 33 Nationwide (Series) team has proven to be a front runner each week and with myself, Ryan Newman and Kelly Bires behind the wheel, I know we can get Copart up front and hopefully to victory lane,” said Harvick.

Look for the Copart No. 33 Nationwide car at the following races:
May 30, Dover, driver Kevin Harvick
June 13, Kentucky, driver Kelly Bires
June 27, New Hampshire, driver Kevin Harvick
Aug. 8, Watkins Glen, driver Kevin Harvick
Sept. 26, Dover, driver Ryan Newman
Oct. 24, Memphis, driver Kelly Bires
Nov. 21, Homestead, driver Ryan Newman

About Copart

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 purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made. For more information, or to become a registered buyer, visit www.copart.com.

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 KHI Inc. during a portion of the 2009 Nationwide Series and 2009 Camping World Truck Series 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 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.

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, 2008 Daytona 500 champion Ryan Newman, Cale Gale, and Kelly Bires. The 2009 season marks KHI’s sixth year of full-time competition in NASCAR’s elite divisions. Visit www.kevinharvickinc.com for more information.

Contacts

Copart, Inc.
Marla J. Pugh, 707-639-5185
Communications Manager
Marla.Pugh {at} Copart(.)com





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