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Mark Your Calendars and Start Your Engines: Federated Nationwide 300 Set for July 23

It will be a fun-filled weekend for Federated members and their customers in late July with the running of the 16th annual Federated Auto Parts 300 NASCAR Nationwide Series race scheduled for Saturday, July 23 at the Nashville Superspeedway in Nashville, TN.
By Shop Owner Staff
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It will be a fun-filled weekend for Federated members and their customers in late July with the running of the 16th annual Federated Auto Parts 300 NASCAR Nationwide Series race scheduled for Saturday, July 23 at the Nashville Superspeedway in Nashville, TN.  Although the race is the centerpiece of the weekend, there will also be several other activities including a pre-race concert and the NASCAR driving experience on the Superspeedway track the day after the race for the winners of the annual “Start Your Engines” sweepstakes.

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“The Federated 300 has become a must-attend event for our members, their customers and our manufacturing partners,” said J.R. Bishop, Federated’s director of motorsports. “It is a great weekend of racing and fun, and some people even get a little business done.”  
 
The Federated 300 will be televised by ESPN at 7:30 p.m. EST on July 23 and is the only NASCAR race that weekend as the Sprint Cup series is taking the weekend off.  Over 1,200 Federated customers will be on hand in Nashville and one of those customers will have the chance to win a 2011 Chevrolet Camaro during race weekend.  Federated will also conduct its annual “Start Your Engines” sweepstakes where lucky contest winners will get to enjoy their own NASCAR driving experience with NASCAR legend and longtime Federated spokesman Kenny Schrader.

Federated’s other spokesman, Kenny Wallace, will also have a busy weekend in Nashville as he will be racing the Federated Auto Parts RAB Racing Toyota in the Nationwide race on Saturday night.

“Our entire motorsports program is designed to help our members improve and grow their businesses,” said Bishop. “The Federated 300 weekend is a great example of a fantastic event where our members, their customers and our manufacturing partners can all get together for some fun and business all in one place.”

About Federated
Federated Auto Parts, headquartered in Staunton, Virginia, is one of the largest auto parts distribution and marketing organizations in North America.  Federated is dedicated to supporting its customers with quality name brand parts, programs designed to grow their businesses, and experienced counterpeople who are knowledgeable in today’s evolving automotive technology.  For more information, visit www.FederatedAutoParts.com.

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I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
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