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{{Infobox company
{{Infobox company
| name = Carquest Corporation
| name = Carquest Corporation
| logo = CARQUEST.jpg
| logo = CARQUEST.jpg
| type = Subsidiary
| type = [[Subsidiary]]
| parent = [[Advance Auto Parts]]<br /><small>(2014–present)</small>
| parent = [[Advance Auto Parts]] (2014–present)
| location = [[Raleigh, North Carolina]], [[United States|U.S.]]
| location = [[Raleigh, North Carolina]], U.S.
| key_people = {{ubl |David McCartney, President-NA| Steve Gushie, President-CA|}}
| key_people = {{ubl |Herman Word, President-NA| Steve Gushie, President-CA|}}
| area_served = United States, [[Canada]]
| area_served = United States, [[Canada]]
| num_employees = <!-- need number of Carquest division employees -->
| num_employees = <!-- need number of Carquest division employees -->
| industry = Aftermarket Auto parts wholesale/retail
| industry = Aftermarket Auto parts wholesale/retail
| foundation = {{start date and age|1974}}
| foundation = {{start date and age|1974}}
| founders = {{ubl |O. Temple Sloan Jr.|Dan Bock|Joe Hughes<ref name=bdn-1994apr15 />}}
| founders = {{ubl |O. Temple Sloan Jr.|Dan Bock|Joe Hughes<ref name=bdn-1994apr15 />}}
| products = OE auto parts, automotive finishes, tools & equipment, professional training, business management
| products = OE auto parts, automotive finishes, tools & equipment, professional training, business management
| homepage = [http://www.carquest.com www.carquest.com] [[United States]]<br />[http://www.carquest.ca/ www.carquest.ca] [[Canada]]
| homepage = [http://www.carquest.com www.carquest.com] [[United States]]<br />[http://www.carquest.ca/ www.carquest.ca] [[Canada]]
| subsid = Carquest Canada}}
| subsid = Carquest Canada
}}


'''Carquest Corporation''' is an American automotive parts distribution network that is currently owned and operated by [[Advance Auto Parts]] via independent retailers associated with the network. As of October 4, 2014 Advance operated 5,305 stores, 109 Worldpac branches. Advance Auto Parts and Carquest Auto Parts employs approximately 75,000 employees.<ref>{{cite web |url=http://phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-irhome |title=Advance Auto Parts |website=phx.corporate-ir.net |url-status=dead |archive-url=https://web.archive.org/web/20040822080810/http://phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-irhome |archive-date=2004-08-22}}</ref>
'''Carquest Corporation''' is an American automotive parts distribution network that was sold and currently owned and operated by [[Advance Auto Parts]] via independent retailers associated with the network as "Carquest Auto Parts". As of October 4, 2014 Advance operated 5,305 stores, 109 Worldpac branches. Advance Auto Parts and Carquest Auto Parts employs approximately 75,000 employees.<ref>{{cite web |url=http://phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-irhome |title=Advance Auto Parts |website=phx.corporate-ir.net |url-status=dead |archive-url=https://web.archive.org/web/20040822080810/http://phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-irhome |archive-date=2004-08-22}}</ref>


== History ==
== History ==
[[File:A_Carquest_Auto_Parts_store.jpg|thumb|A Carquest Auto Parts store]]
The Carquest marketing alliance and distribution network was formed in 1974 by O. Temple Sloan of General Parts, Dan Bock of Bobro Products, and Joe Hughes of Indiana Parts Warehouse.<ref name=bdn-1994apr15>{{cite web |url=https://news.google.com/newspapers?nid=2457&dat=19940415&id=A61AAAAAIBAJ&sjid=bDgHAAAAIBAJ&pg=2405,4304700 |title=Carquest Strives To Help Its Many Jobbers To Be Successful |newspaper=[[Bangor Daily News]] |date=April 15, 1994 |page=W17}}</ref><ref name=amb-2007may>{{cite news |title=Death of the blacksmith, birth of the aftermarket |work=Aftermarket Business |department=Supplement, The Aftermarket manual: The past is present |date=May 2007 |pages=S8-S10,S12,S14,S16 |last=McCoy |first=Gary}} [http://search.proquest.com/docview/200836237/ Link] via [[ProQuest]].</ref><ref name=fundinguniverse>{{cite web |url=http://www.fundinguniverse.com/company-histories/carquest-corporation-history/ |title=CARQUEST Corporation History |website=FundingUniverse}}</ref> In response to competition from high-volume retail stores, Sloan believed "that programmed distribution through a cooperative alliance would be the most effective means to remain competitive." According to a 1994 ''[[Bangor Daily News]]'' article, the company was "made up of 14 distributing companies operating 64 Carquest Auto Parts Stores throughout the United States" at that time.<ref name=bdn-1994apr15 />
The Carquest marketing alliance and distribution network was formed in 1974 by O. Temple Sloan of General Parts, Dan Bock of Bobro Products, and Joe Hughes of Indiana Parts Warehouse.<ref name=bdn-1994apr15>{{cite web |url=https://news.google.com/newspapers?nid=2457&dat=19940415&id=A61AAAAAIBAJ&sjid=bDgHAAAAIBAJ&pg=2405,4304700 |title=Carquest Strives To Help Its Many Jobbers To Be Successful |newspaper=[[Bangor Daily News]] |date=April 15, 1994 |page=W17}}</ref><ref name=amb-2007may>{{cite news |title=Death of the blacksmith, birth of the aftermarket |work=Aftermarket Business |department=Supplement, The Aftermarket manual: The past is present |date=May 2007 |pages=S8-S10,S12,S14,S16 |last=McCoy |first=Gary |id={{ProQuest|200836237}}}}</ref><ref name=fundinguniverse>{{cite web |url=http://www.fundinguniverse.com/company-histories/carquest-corporation-history/ |title=CARQUEST Corporation History |website=FundingUniverse}}</ref> In response to competition from high-volume retail stores, Sloan believed "that programmed distribution through a cooperative alliance would be the most effective means to remain competitive." According to a 1994 ''[[Bangor Daily News]]'' article, the company was "made up of 14 distributing companies operating 64 Carquest Auto Parts Stores throughout the United States" at that time.<ref name=bdn-1994apr15 />


General Parts was the largest member with General Parts owning 1,400 out of Carquest’s 3,400 auto parts stores across North America by 2011.<ref name=tbj2011jan07>{{cite news |url=http://www.bizjournals.com/triangle/print-edition/2011/01/07/general-parts-gets-258m-in-deal.html?page=all |title=General Parts gets $258M in deal |newspaper=[[Triangle Business Journals]] |date=January 7, 2011 |first=Amanda Jones |last=Hoyle}}</ref> O. Temple Sloan Jr. started General Parts in 1961.
General Parts was the largest member with General Parts owning 1,400 out of Carquest’s 3,400 auto parts stores across North America by 2011.<ref name=tbj2011jan07>{{cite news |url=http://www.bizjournals.com/triangle/print-edition/2011/01/07/general-parts-gets-258m-in-deal.html?page=all |title=General Parts gets $258M in deal |newspaper=[[Triangle Business Journals]] |date=January 7, 2011 |first=Amanda Jones |last=Hoyle}}</ref> O. Temple Sloan Jr. started General Parts in 1961.{{citation needed|date=May 2024}}


Founding member Bobro was later sold to White Plains Automotive in 1984 and renamed B.W.P. Distributors. BWP was later acquired by Advance Auto in 2012. Dan Bock later served as president of Carquest.
Founding member Bobro was later sold to White Plains Automotive in 1984 and renamed B.W.P. Distributors.{{citation needed|date=May 2024}} BWP was later acquired by Advance Auto in 2012.{{citation needed|date=May 2024}} Dan Bock later served as president of Carquest.{{citation needed|date=May 2024}}


Founding member Indiana Parts Warehouse was acquired by the third founder General Parts in 1991.<ref name=amb-1991jun01>{{cite news |url=http://business.highbeam.com/137238/article-1G1-10900409/two-carquest-companies-merge-courses-set |archive-url=https://web.archive.org/web/20160309080555/https://business.highbeam.com/137238/article-1G1-10900409/two-carquest-companies-merge-courses-set |url-status=dead |archive-date=March 9, 2016 |title=Two Carquest companies merge; courses set. (Carquest Corp.; General Parts Inc. and Indiana Parts Warehouse Co.) |newspaper=Aftermarket Business |date=June 1, 1991}}</ref> Indiana Parts had served 90 locations.
Founding member Indiana Parts Warehouse was acquired by the third founder General Parts in 1991.<ref name=amb-1991jun01>{{cite news |url=http://business.highbeam.com/137238/article-1G1-10900409/two-carquest-companies-merge-courses-set |archive-url=https://web.archive.org/web/20160309080555/https://business.highbeam.com/137238/article-1G1-10900409/two-carquest-companies-merge-courses-set |url-status=dead |archive-date=March 9, 2016 |title=Two Carquest companies merge; courses set. (Carquest Corp.; General Parts Inc. and Indiana Parts Warehouse Co.) |newspaper=Aftermarket Business |date=June 1, 1991}}</ref> Indiana Parts had served 90 locations.{{citation needed|date=May 2024}}


Carquest acquired Worldpac in 2004, but kept its operations separate.<ref name=amb-2004dec01>{{cite news |url=http://www.searchautoparts.com/aftermarket-business/opinion-commentary-distribution/staid-carquest-makes-bold-acquisition |title=Staid CARQUEST makes bold acquisition |newspaper=Aftermarket Business |date=December 1, 2004 |first=Bob |last=Moore}}</ref>
Carquest acquired Worldpac in 2004, but kept its operations separate.<ref name=amb-2004dec01>{{cite news |url=http://www.searchautoparts.com/aftermarket-business/opinion-commentary-distribution/staid-carquest-makes-bold-acquisition |title=Staid CARQUEST makes bold acquisition |newspaper=Aftermarket Business |date=December 1, 2004 |first=Bob |last=Moore}}</ref>
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In June 2012, Carquest Auto Parts relaunched its Carquest.com website, offering buy online, pick up in store commerce.<ref>{{Cite web |last=Brohan {{!}} |first=Mark |date=2013-10-16 |title=Advance Auto acquires parent of Carquest retail chain |url=https://www.digitalcommerce360.com/2013/10/16/advance-auto-acquires-parent-carquest-retail-chain/ |access-date=2022-04-23 |website=Digital Commerce 360 |language=en-US}}</ref>
In June 2012, Carquest Auto Parts relaunched its Carquest.com website, offering buy online, pick up in store commerce.<ref>{{Cite web |last=Brohan {{!}} |first=Mark |date=2013-10-16 |title=Advance Auto acquires parent of Carquest retail chain |url=https://www.digitalcommerce360.com/2013/10/16/advance-auto-acquires-parent-carquest-retail-chain/ |access-date=2022-04-23 |website=Digital Commerce 360 |language=en-US}}</ref>


In December 2012, [[Advance Auto Parts]] acquired warehouse distributor B.W.P. Distributors, which supplied the Northeastern United States.<ref>{{cite news |url=http://www.aftermarketnews.com/Item/108343/advance_auto_parts_announces_acquisition_of_bwp_distributors.aspx |title=Advance Auto Parts Announces Acquisition Of BWP Distributors |date=December 19, 2012 |newspaper=AftermarketNews |access-date=January 13, 2014 |archive-url=https://web.archive.org/web/20140113110659/http://www.aftermarketnews.com/Item/108343/advance_auto_parts_announces_acquisition_of_bwp_distributors.aspx |archive-date=January 13, 2014 |url-status=dead }}</ref> On October 16, 2013 it was announced that Carquest would be acquired by Advance Auto Parts, Inc in an all-cash transaction estimated at approximately $2 billion dollars.<ref>{{cite press release |url=http://phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-newsArticle&ID=1864829&highlight= |title=Advance Auto Parts to Acquire General Parts International, Inc. in All-Cash Transaction with Enterprise Value of $2.04 Billion |date=October 16, 2013}}</ref> The deal was finalized on January 3, 2014.<ref>{{cite news |url=https://www.reuters.com/article/us-advanceautoparts-acquisition-generalp-idUSBRE99F0CG20131016 |work=[[Reuters]] |title=Advance Auto expands repair shop business with $2 billion buy |date=October 16, 2013 |first=Sagarika |last=Jaisinghani |access-date=June 30, 2017 |archive-date=September 24, 2015 |archive-url=https://web.archive.org/web/20150924185936/http://www.reuters.com/article/2013/10/16/us-advanceautoparts-acquisition-generalp-idUSBRE99F0CG20131016 |url-status=live }}</ref><ref name=tbj2013oct16>{{cite news |url=http://www.bizjournals.com/triangle/news/2013/12/16/year-in-review-sloan-sells-raleighs.html |title=Year in Review: Sloan sells Raleigh's General Parts for $2 billion |newspaper=[[Triangle Business Journals]] |date=December 16, 2013 |first=Cameron |last=Snipes}}</ref> Carquest members now include Advance Auto Parts, Automotive Warehouse of [[Hawaii]], CAP Warehouse of [[Nevada]], and Muffler Warehouse of [[Idaho]].
In December 2012, [[Advance Auto Parts]] acquired warehouse distributor B.W.P. Distributors, which supplied the Northeastern United States.<ref>{{cite news |url=http://www.aftermarketnews.com/Item/108343/advance_auto_parts_announces_acquisition_of_bwp_distributors.aspx |title=Advance Auto Parts Announces Acquisition Of BWP Distributors |date=December 19, 2012 |newspaper=AftermarketNews |access-date=January 13, 2014 |archive-url=https://web.archive.org/web/20140113110659/http://www.aftermarketnews.com/Item/108343/advance_auto_parts_announces_acquisition_of_bwp_distributors.aspx |archive-date=January 13, 2014 |url-status=dead }}</ref> On October 16, 2013 it was announced that Carquest would be acquired by Advance Auto Parts, Inc in an all-cash transaction estimated at approximately $2 billion dollars.<ref>{{cite press release |url=http://phx.corporate-ir.net/phoenix.zhtml?c=130560&p=irol-newsArticle&ID=1864829&highlight= |title=Advance Auto Parts to Acquire General Parts International, Inc. in All-Cash Transaction with Enterprise Value of $2.04 Billion |date=October 16, 2013}}</ref> The deal was finalized on January 3, 2014.<ref>{{cite news |url=https://www.reuters.com/article/us-advanceautoparts-acquisition-generalp-idUSBRE99F0CG20131016 |work=[[Reuters]] |title=Advance Auto expands repair shop business with $2 billion buy |date=October 16, 2013 |first=Sagarika |last=Jaisinghani |access-date=June 30, 2017 |archive-date=September 24, 2015 |archive-url=https://web.archive.org/web/20150924185936/http://www.reuters.com/article/2013/10/16/us-advanceautoparts-acquisition-generalp-idUSBRE99F0CG20131016 |url-status=live }}</ref><ref name=tbj2013oct16>{{cite news |url=http://www.bizjournals.com/triangle/news/2013/12/16/year-in-review-sloan-sells-raleighs.html |title=Year in Review: Sloan sells Raleigh's General Parts for $2 billion |newspaper=[[Triangle Business Journals]] |date=December 16, 2013 |first=Cameron |last=Snipes}}</ref> Carquest members now include Advance Auto Parts, Automotive Warehouse of [[Hawaii]], CAP Warehouse of [[Nevada]], and Muffler Warehouse of [[Idaho]].{{citation needed|date=May 2024}}


In 2021, Advance Auto Parts announced plans to open retail stores under the Carquest name.<ref>{{Cite web |title=Carquest by Advance Announces Retail Stores |url=https://www.ratchetandwrench.com/articles/11923-carquest-by-advance-announces-retail-stores |access-date=2022-04-23 |website=www.ratchetandwrench.com |language=en}}</ref>
In 2021, Advance Auto Parts announced plans to open retail stores under the Carquest name.<ref>{{Cite web |title=Carquest by Advance Announces Retail Stores |url=https://www.ratchetandwrench.com/articles/11923-carquest-by-advance-announces-retail-stores |access-date=2022-04-23 |website=www.ratchetandwrench.com |language=en}}</ref>
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== WorldPac ==
== WorldPac ==
WorldPac was formed in 1995 by the merger of WorldWide Trading Corp. (WWTC) and Imported Parts and Accessories (IMPAC).<ref name="ac-2000oct30">{{cite news| url=http://www.theautochannel.com/news/press/date/20001030/press029523.html|title=WORLDPAC Becomes 1st Supply Partner to Join MyRepairShop's Network|date=30 October 2000|website=Auto Channel}}</ref> WORLDPAC, which specializes in providing hard to find aftermarket parts for imported vehicles, was acquired by Carquest in 2004<ref name=amb-2004dec01 /> and by Advance Auto Parts on January 2, 2014 when General Parts International was merged into Advance.
WorldPac was formed in 1995 by the merger of WorldWide Trading Corp. (WWTC) and Imported Parts and Accessories (IMPAC).<ref name="ac-2000oct30">{{cite news| url=http://www.theautochannel.com/news/press/date/20001030/press029523.html|title=WORLDPAC Becomes 1st Supply Partner to Join MyRepairShop's Network|date=30 October 2000|website=Auto Channel}}</ref> WORLDPAC, which specializes in providing hard to find aftermarket parts for imported vehicles, was acquired by Carquest in 2004<ref name=amb-2004dec01 /> and by Advance Auto Parts on January 2, 2014 when General Parts International was merged into Advance.

Advance Auto Parts announced in November 2023 it would seek the sale of its WorldPac and Carquest Canada divisions.


== Sponsorships ==
== Sponsorships ==
Carquest is title right sponsor of the Carquest Auto Parts [[National Hot Rod Association]] Nationals at [[Wild Horse Pass Motorsports Park]] in [[Maricopa County, Arizona]].<ref name="Kummerer">{{Cite web |last=Kummerer |first=Ed |title=CARQUEST Auto Parts NHRA Nationals |url=https://www.phoenixnewtimes.com/arts/carquest-auto-parts-nhra-nationals-6464517 |access-date=2022-04-22 |website=Phoenix New Times |language=en}}</ref> The event takes place annually in February and airs on [[Fox Sports 1]].<ref name="Kummerer"/>
Carquest was the title right sponsor of the Carquest Auto Parts [[National Hot Rod Association]] Nationals at [[Wild Horse Pass Motorsports Park]] in [[Maricopa County, Arizona]] until 2016..<ref name="Kummerer">{{Cite web |last=Kummerer |first=Ed |title=CARQUEST Auto Parts NHRA Nationals |url=https://www.phoenixnewtimes.com/arts/carquest-auto-parts-nhra-nationals-6464517 |access-date=2022-04-22 |website=Phoenix New Times |language=en}}</ref> The event took place annually in February and aired on [[Fox Sports 1]].<ref name="Kummerer"/>


Carquest was the official auto parts supplier of Hendrick Motorsports until the end of the 2011 season. [[Kellogg's]] and Carquest announced on May 26, 2006 a unique three-year agreement with [[Hendrick Motorsports]] that made the two companies co-primary sponsors of the No. 5 Chevrolets driven by [[Kyle Busch]] in the [[NASCAR Sprint Cup Series]].<ref>{{Cite book |last=Plunkett |first=Jack W. |url=https://books.google.com/books?id=gy4fCcjZYqEC&newbks=1&newbks_redir=0&lpg=PT252&dq=kelloggs%20carquest%20sponsorship&pg=PT252#v=onepage&q=kelloggs%20carquest%20sponsorship&f=false |title=Plunkett's Sports Industry Almanac 2008 |date=June 2007 |publisher=Plunkett Research, Ltd. |isbn=978-1-59392-089-0 |language=en}}</ref>
Carquest was the official auto parts supplier of Hendrick Motorsports until the end of the 2011 season. [[Kellogg's]] and Carquest announced on May 26, 2006 a unique three-year agreement with [[Hendrick Motorsports]] that made the two companies co-primary sponsors of the No. 5 Chevrolets driven by [[Kyle Busch]] in the [[NASCAR Sprint Cup Series]].<ref>{{Cite book |last=Plunkett |first=Jack W. |url=https://books.google.com/books?id=gy4fCcjZYqEC&dq=kelloggs+carquest+sponsorship&pg=PT252 |title=Plunkett's Sports Industry Almanac 2008 |date=June 2007 |publisher=Plunkett Research, Ltd. |isbn=978-1-59392-089-0 |language=en}}</ref>


On September 9, 2007, the two companies announced [[Casey Mears]] will drive the No. 5 Kellogg's/Carquest Chevrolet for Hendrick Motorsports in the 2008 [[NASCAR]] Sprint Cup Series.
On September 9, 2007, the two companies announced [[Casey Mears]] will drive the No. 5 Kellogg's/Carquest Chevrolet for Hendrick Motorsports in the 2008 [[NASCAR]] Sprint Cup Series.


In 2008, Hendrick Motorsports announced that [[Mark Martin]], a seasoned veteran would be driving the car in 2009.<ref>{{Cite book |last=White |first=Ben |url=https://books.google.com/books?id=2PEZ433TXvoC&pg=PA137&dq=kelloggs+carquest+sponsorship&hl=en&newbks=1&newbks_redir=0&sa=X&ved=2ahUKEwisnp_J8Kj3AhXEW80KHWj9CnEQ6AF6BAgKEAI#v=onepage&q=kelloggs%20carquest%20sponsorship&f=false |title=NASCAR Then and Now |date=2010-08-02 |publisher=Motorbooks |isbn=978-1-61060-101-6 |pages=137 |language=en}}</ref> Carquest continued to sponsor Mark Martin in 2010 and 2011. Carquest Auto Parts has primary sponsor placement in eight points races on the No. 5 Chevrolet driven by Mark Martin during the 2011 NASCAR Sprint Cup season.<ref>{{Cite web |title=Wheels & Deals: Martin Retaining Kellogg's, Carquest Next Year |url=https://www.sportsbusinessjournal.com/Daily/Issues/2009/06/17/Sponsorships-Advertising-Marketing/Wheels-Deals-Martin-Retaining-Kelloggs-Carquest-Next-Year.aspx |access-date=2022-04-23 |website=www.sportsbusinessjournal.com |language=en}}</ref>
In 2008, Hendrick Motorsports announced that [[Mark Martin]], a seasoned veteran would be driving the car in 2009.<ref>{{Cite book |last=White |first=Ben |url=https://books.google.com/books?id=2PEZ433TXvoC&dq=kelloggs+carquest+sponsorship&pg=PA137 |title=NASCAR Then and Now |date=2010-08-02 |publisher=Motorbooks |isbn=978-1-61060-101-6 |pages=137 |language=en}}</ref> Carquest continued to sponsor Mark Martin in 2010 and 2011. Carquest Auto Parts has primary sponsor placement in eight points races on the No. 5 Chevrolet driven by Mark Martin during the 2011 NASCAR Sprint Cup season.<ref>{{Cite web |title=Wheels & Deals: Martin Retaining Kellogg's, Carquest Next Year |url=https://www.sportsbusinessjournal.com/Daily/Issues/2009/06/17/Sponsorships-Advertising-Marketing/Wheels-Deals-Martin-Retaining-Kelloggs-Carquest-Next-Year.aspx |access-date=2022-04-23 |website=www.sportsbusinessjournal.com |language=en}}</ref>


Carquest Auto Parts joined [[Hendrick Motorsports]] in 2002 as an associate sponsor of Chevrolets driven by [[Ricky Hendrick]] in the NASCAR Busch Series. The relationship carried over to the following season, resulting in a [[NASCAR]] Busch Series championship with driver [[Brian Vickers]], and has since transitioned into the [[NASCAR]] Sprint Cup Series.
Carquest Auto Parts joined [[Hendrick Motorsports]] in 2002 as an associate sponsor of Chevrolets driven by [[Ricky Hendrick]] in the NASCAR Busch Series. The relationship carried over to the following season, resulting in a [[NASCAR]] Busch Series championship with driver [[Brian Vickers]], and has since transitioned into the [[NASCAR]] Sprint Cup Series.


The company sponsored the Carquest Bowl (now the [[Cheez-It Bowl]]) from 1994–1997.<ref>{{Cite news |title=UVa Football: Bowl Recaps |work=Virginia Sports |url=http://www.virginiasports.com/sports/m-footbl/spec-rel/081910aad.html |archive-url=https://web.archive.org/web/20150725161655/http://www.virginiasports.com/sports/m-footbl/spec-rel/081910aad.html |archive-date=2015-07-25}}</ref> The company sponsored three-time [[International Hot Rod Association|IHRA]] Drag Racing Top Fuel Champion Paul Romine from 1997–2004 and from 2001-2004 was associated with the No. 2 Team [[Automotive Service Excellence|ASE]] [[NASCAR]] Craftsman Truck driven by [[Scott Riggs]] and [[Jason Leffler]]. It also sponsored NHRA drag races from 2003 - 2007.
The company sponsored the [[Carquest Bowl]] from 1994 to 1997.<ref>{{Cite news |title=UVa Football: Bowl Recaps |work=Virginia Sports |url=http://www.virginiasports.com/sports/m-footbl/spec-rel/081910aad.html |archive-url=https://web.archive.org/web/20150725161655/http://www.virginiasports.com/sports/m-footbl/spec-rel/081910aad.html |archive-date=2015-07-25}}</ref> The company sponsored three-time [[International Hot Rod Association|IHRA]] Drag Racing Top Fuel Champion Paul Romine from 1997–2004 and from 2001-2004 was associated with the No. 2 Team [[Automotive Service Excellence|ASE]] [[NASCAR]] Craftsman Truck driven by [[Scott Riggs]] and [[Jason Leffler]]. It also sponsored NHRA drag races from 2003 - 2007.


Most recently the company sponsored the #92 Monster Energy NASCAR Cup Series Ford driven by [[David Gilliland]] as part of a one race deal in which Carquest adorned the hood and Black's Tire adorned the side.<ref>{{Cite web |date=2018-01-17 |title=David Gilliland to attempt Daytona 500 start for Ricky Benton Racing Enterprises |url=https://www.nascar.com/news-media/2018/01/17/david-gilliland-attempt-daytona-500-start-ricky-benton-racing-enterprises/ |access-date=2022-04-23 |website=Official Site Of NASCAR |language=en-US}}</ref>
Most recently the company sponsored the #92 Monster Energy NASCAR Cup Series Ford driven by [[David Gilliland]] as part of a one race deal in which Carquest adorned the hood and Black's Tire adorned the side.<ref>{{Cite web |date=2018-01-17 |title=David Gilliland to attempt Daytona 500 start for Ricky Benton Racing Enterprises |url=https://www.nascar.com/news-media/2018/01/17/david-gilliland-attempt-daytona-500-start-ricky-benton-racing-enterprises/ |access-date=2022-04-23 |website=Official Site Of NASCAR |language=en-US}}</ref>

Latest revision as of 13:24, 8 May 2024

Carquest Corporation
Company typeSubsidiary
IndustryAftermarket Auto parts wholesale/retail
Founded1974; 51 years ago (1974)
Founders
  • O. Temple Sloan Jr.
  • Dan Bock
  • Joe Hughes[1]
HeadquartersRaleigh, North Carolina, U.S.
Area served
United States, Canada
Key people
  • Herman Word, President-NA
  • Steve Gushie, President-CA
ProductsOE auto parts, automotive finishes, tools & equipment, professional training, business management
ParentAdvance Auto Parts (2014–present)
SubsidiariesCarquest Canada
Websitewww.carquest.com United States
www.carquest.ca Canada

Carquest Corporation is an American automotive parts distribution network that was sold and currently owned and operated by Advance Auto Parts via independent retailers associated with the network as "Carquest Auto Parts". As of October 4, 2014 Advance operated 5,305 stores, 109 Worldpac branches. Advance Auto Parts and Carquest Auto Parts employs approximately 75,000 employees.[2]

History

[edit]
A Carquest Auto Parts store

The Carquest marketing alliance and distribution network was formed in 1974 by O. Temple Sloan of General Parts, Dan Bock of Bobro Products, and Joe Hughes of Indiana Parts Warehouse.[1][3][4] In response to competition from high-volume retail stores, Sloan believed "that programmed distribution through a cooperative alliance would be the most effective means to remain competitive." According to a 1994 Bangor Daily News article, the company was "made up of 14 distributing companies operating 64 Carquest Auto Parts Stores throughout the United States" at that time.[1]

General Parts was the largest member with General Parts owning 1,400 out of Carquest’s 3,400 auto parts stores across North America by 2011.[5] O. Temple Sloan Jr. started General Parts in 1961.[citation needed]

Founding member Bobro was later sold to White Plains Automotive in 1984 and renamed B.W.P. Distributors.[citation needed] BWP was later acquired by Advance Auto in 2012.[citation needed] Dan Bock later served as president of Carquest.[citation needed]

Founding member Indiana Parts Warehouse was acquired by the third founder General Parts in 1991.[6] Indiana Parts had served 90 locations.[citation needed]

Carquest acquired Worldpac in 2004, but kept its operations separate.[7]

General Parts received $258 million in 2011 for selling 33 of the company’s distribution centers and office buildings in a long-term sale-leaseback deal.[5]

In June 2012, Carquest Auto Parts relaunched its Carquest.com website, offering buy online, pick up in store commerce.[8]

In December 2012, Advance Auto Parts acquired warehouse distributor B.W.P. Distributors, which supplied the Northeastern United States.[9] On October 16, 2013 it was announced that Carquest would be acquired by Advance Auto Parts, Inc in an all-cash transaction estimated at approximately $2 billion dollars.[10] The deal was finalized on January 3, 2014.[11][12] Carquest members now include Advance Auto Parts, Automotive Warehouse of Hawaii, CAP Warehouse of Nevada, and Muffler Warehouse of Idaho.[citation needed]

In 2021, Advance Auto Parts announced plans to open retail stores under the Carquest name.[13]

WorldPac

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WorldPac was formed in 1995 by the merger of WorldWide Trading Corp. (WWTC) and Imported Parts and Accessories (IMPAC).[14] WORLDPAC, which specializes in providing hard to find aftermarket parts for imported vehicles, was acquired by Carquest in 2004[7] and by Advance Auto Parts on January 2, 2014 when General Parts International was merged into Advance.

Advance Auto Parts announced in November 2023 it would seek the sale of its WorldPac and Carquest Canada divisions.

Sponsorships

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Carquest was the title right sponsor of the Carquest Auto Parts National Hot Rod Association Nationals at Wild Horse Pass Motorsports Park in Maricopa County, Arizona until 2016..[15] The event took place annually in February and aired on Fox Sports 1.[15]

Carquest was the official auto parts supplier of Hendrick Motorsports until the end of the 2011 season. Kellogg's and Carquest announced on May 26, 2006 a unique three-year agreement with Hendrick Motorsports that made the two companies co-primary sponsors of the No. 5 Chevrolets driven by Kyle Busch in the NASCAR Sprint Cup Series.[16]

On September 9, 2007, the two companies announced Casey Mears will drive the No. 5 Kellogg's/Carquest Chevrolet for Hendrick Motorsports in the 2008 NASCAR Sprint Cup Series.

In 2008, Hendrick Motorsports announced that Mark Martin, a seasoned veteran would be driving the car in 2009.[17] Carquest continued to sponsor Mark Martin in 2010 and 2011. Carquest Auto Parts has primary sponsor placement in eight points races on the No. 5 Chevrolet driven by Mark Martin during the 2011 NASCAR Sprint Cup season.[18]

Carquest Auto Parts joined Hendrick Motorsports in 2002 as an associate sponsor of Chevrolets driven by Ricky Hendrick in the NASCAR Busch Series. The relationship carried over to the following season, resulting in a NASCAR Busch Series championship with driver Brian Vickers, and has since transitioned into the NASCAR Sprint Cup Series.

The company sponsored the Carquest Bowl from 1994 to 1997.[19] The company sponsored three-time IHRA Drag Racing Top Fuel Champion Paul Romine from 1997–2004 and from 2001-2004 was associated with the No. 2 Team ASE NASCAR Craftsman Truck driven by Scott Riggs and Jason Leffler. It also sponsored NHRA drag races from 2003 - 2007.

Most recently the company sponsored the #92 Monster Energy NASCAR Cup Series Ford driven by David Gilliland as part of a one race deal in which Carquest adorned the hood and Black's Tire adorned the side.[20]

In 2022, Advance Auto Parts entered an exclusive partnership with the Los Angeles Dodgers, which made Carquest an official auto parts retailer for the team.[21]

References

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  1. ^ a b c "Carquest Strives To Help Its Many Jobbers To Be Successful". Bangor Daily News. April 15, 1994. p. W17.
  2. ^ "Advance Auto Parts". phx.corporate-ir.net. Archived from the original on 2004-08-22.
  3. ^ McCoy, Gary (May 2007). "Death of the blacksmith, birth of the aftermarket". Supplement, The Aftermarket manual: The past is present. Aftermarket Business. pp. S8 – S10, S12, S14, S16. ProQuest 200836237.
  4. ^ "CARQUEST Corporation History". FundingUniverse.
  5. ^ a b Hoyle, Amanda Jones (January 7, 2011). "General Parts gets $258M in deal". Triangle Business Journals.
  6. ^ "Two Carquest companies merge; courses set. (Carquest Corp.; General Parts Inc. and Indiana Parts Warehouse Co.)". Aftermarket Business. June 1, 1991. Archived from the original on March 9, 2016.
  7. ^ a b Moore, Bob (December 1, 2004). "Staid CARQUEST makes bold acquisition". Aftermarket Business.
  8. ^ Brohan |, Mark (2013-10-16). "Advance Auto acquires parent of Carquest retail chain". Digital Commerce 360. Retrieved 2022-04-23.
  9. ^ "Advance Auto Parts Announces Acquisition Of BWP Distributors". AftermarketNews. December 19, 2012. Archived from the original on January 13, 2014. Retrieved January 13, 2014.
  10. ^ "Advance Auto Parts to Acquire General Parts International, Inc. in All-Cash Transaction with Enterprise Value of $2.04 Billion" (Press release). October 16, 2013.
  11. ^ Jaisinghani, Sagarika (October 16, 2013). "Advance Auto expands repair shop business with $2 billion buy". Reuters. Archived from the original on September 24, 2015. Retrieved June 30, 2017.
  12. ^ Snipes, Cameron (December 16, 2013). "Year in Review: Sloan sells Raleigh's General Parts for $2 billion". Triangle Business Journals.
  13. ^ "Carquest by Advance Announces Retail Stores". www.ratchetandwrench.com. Retrieved 2022-04-23.
  14. ^ "WORLDPAC Becomes 1st Supply Partner to Join MyRepairShop's Network". Auto Channel. 30 October 2000.
  15. ^ a b Kummerer, Ed. "CARQUEST Auto Parts NHRA Nationals". Phoenix New Times. Retrieved 2022-04-22.
  16. ^ Plunkett, Jack W. (June 2007). Plunkett's Sports Industry Almanac 2008. Plunkett Research, Ltd. ISBN 978-1-59392-089-0.
  17. ^ White, Ben (2010-08-02). NASCAR Then and Now. Motorbooks. p. 137. ISBN 978-1-61060-101-6.
  18. ^ "Wheels & Deals: Martin Retaining Kellogg's, Carquest Next Year". www.sportsbusinessjournal.com. Retrieved 2022-04-23.
  19. ^ "UVa Football: Bowl Recaps". Virginia Sports. Archived from the original on 2015-07-25.
  20. ^ "David Gilliland to attempt Daytona 500 start for Ricky Benton Racing Enterprises". Official Site Of NASCAR. 2018-01-17. Retrieved 2022-04-23.
  21. ^ "Advance Auto Parts, Los Angeles Dodgers Announce Partnership". aftermarketNews. 2022-04-22. Retrieved 2022-04-23.
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