Universal Technical Institute Renews Licensing Agreement With NASCAR

Universal
Technical Institute Inc., a provider of technical education training, announced that the company has renewed its licensing agreement with the National
Association for Stock Car Auto Racing Inc. (NASCAR), and will continue the
branded operation of UTI’s NASCAR Technical Institute through 2017. Located in

Mooresville,
N.C.,
the NASCAR Technical Institute provides training in automotive technology and
offers specific courses in NASCAR technologies in a NASCAR focused environment.
UTI has operated the NASCAR Technical Institute since 2002.

The
agreement allows UTI to continue to use the widely recognized NASCAR trade name
in connection with UTI’s operation and branding of the NASCAR Technical
Institute. The agreement also allows UTI to offer NASCAR branded scholarships
to certain qualified students attending the NASCAR Technical Institute.

Kim
McWaters, chief executive officer, commented, “We are pleased to announce
the continuation of this successful relationship which benefits both NASCAR and
UTI students. Since its inception, the NASCAR Technical Institute has provided
a pool of entry-level technicians for NASCAR teams as well as fulfilled its
primary purpose of providing quality technicians to the automotive industry.
Where better can a prospective student desiring to become a first-class
technician learn automotive technology than at an institution directly
associated with NASCAR?” In addition to Automotive & NASCAR
Technology, the NASCAR Technical Institute offers the following elective
programs: Ford FACT, Nissan NATT, and NASCAR Pit Crew. Graduates of the NASCAR
Technical Institute may also qualify to participate in one of UTI’s post
graduate programs including

Audi

Academy, BMW STEP, MBUSA
Elite, Porsche PTAP, Volkswagen VATRP, and Volvo SAFE.