Universal Technical Institute Foundation Partners with Charlotte Motor Speedway to Assist Students
4/14/2010
PHOENIX, April 15, 2010 – Universal Technical Institute (UTI) Foundation today announced a partnership with the Charlotte Motor Speedway that could generate more than $10,000 in annual support for students in need at UTI’s NASCAR Technical Institute (NTI) in Mooresville, N.C. NTI will provide student volunteers to help support events at Charlotte Motor Speedway in return for donations made to the UTI Foundation. The funds will support NTI’s Student Pantry and Student Emergency Fund that assist students with unplanned financial needs.
“We have had an outstanding relationship with the Charlotte Motor Speedway for years,” said Arlyn Davis, director of employment services for NTI. “We are excited to continue the program and provide additional volunteer opportunities for our students, while also enhancing our emergency funds for students in need.”
The annual donation amount depends on the number of events NTI students provide volunteer support and the number of volunteers for each event. In 2009 alone, NTI students donated more than 2,200 hours. Based on past volunteer needs and upcoming events, the 2010 donation is expected to exceed $10,000.
“The donations created by this unique agreement between Charlotte Motor Speedway and NTI will help deserving students finish their education and pursue a successful career in the automotive or motorsports field,” said Veronica Meury, vice president and executive director of the UTI Foundation.
“Our relationship with NTI is mutually beneficial and this is great opportunity for their students to earn additional support for their program,” said Marcus Smith, president and general manager of Charlotte Motor Speedway. “NTI students have always provided great volunteer service to events at the speedway and we look forward to their continued support.”
About UTI Foundation:
The UTI Foundation, a 501(c)(3) Arizona non-profit, is the umbrella organization for all Universal Technical Institute, Inc. (NYSE: UTI) not-for-profit initiatives and is dedicated to raising funds to further its mission and strategic goals. The UTI Foundation supports technical education for the automotive, diesel, collision repair, motorcycle, marine and NASCAR industries through scholarships, grants, career development and other special programs. For more information, visit www.utifoundation.net.
About NASCAR Technical Institute:
NASCAR Technical Institute (NASCAR Tech), a division of Universal Technical Institute, Inc. (NYSE: UTI), has an exclusive educational alliance with NASCAR. Located in Mooresville, NC, NASCAR Tech is the only school of its kind that combines automotive training and a NASCAR-approved technologies curriculum into one program. Students learn the basics of engine construction, lubrication systems, chassis fabrication, dyno testing, racing theory principles, NASCAR rules and regulations, as well as the teamwork needed in today's automotive and racing industries. Universal Technical Institute, Inc., the leading provider of technical education training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, also offers undergraduate degree, diploma and certificate programs at nine other campuses through several well-known brands -- Universal Technical Institute (UTI), Marine Mechanics Institute and Motorcycle Mechanics Institute (MMI) -- and manufacturer-specific training programs that are sponsored by the manufacturer or dealer at dedicated training centers. For more information, visit www.uti.edu.
About Charlotte Motor Speedway:
Charlotte Motor Speedway is the home of NASCAR's biggest back-to-back race weekends with the NASCAR Sprint All-Star Race on May 22, and the Coca-Cola 600 on May 30. Tickets and interest-free payment plans are available by calling the speedway ticket office at 1-800-455-FANS or online at www.charlottemotorspeedway.com.Connect with Charlotte Motor Speedway by following on Twitter at www.twitter.com/CLTMotorSpdwy or become a Facebook fan at www.facebook.com/charlottemotorspeedway.
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