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Fastenal Joins Chip Ganassi Racing with Felix Sabates in 2008 with NASCAR Nationwide Series Sponsorship

November 21, 2007

Chip Ganassi Racing with Felix Sabates (CGRFS) announced today that Fastenal Company, a leading global industrial and construction supply distributor, has signed a multi-year deal with the team to sponsor driver Dario Franchitti and the No.40 Dodge Charger in the 2008 NASCAR Nationwide Series (NNS).  The program will feature Franchitti as the car's primary driver and also include select races with his CGRFS NASCAR Sprint Cup Series (NSCS) teammate Reed Sorenson behind the wheel.

Fastenal is America's #1 fastener distributor and one of the world's fastest growing full-line industrial suppliers, providing 700,000 varieties of industrial and construction supplies (including 300,000 fastener types) through 12 regional U.S. distribution centers and 2,100+ Fastenal stores spanning North America and the world.

"I'm very pleased to bring Fastenal into the Nationwide Series as a primary sponsor and look forward to working together with them in introducing Dario to NASCAR fans and also introducing NASCAR fans to Dario wherever in the world they may be," said Team Owner Chip Ganassi.  "We have an exciting Nationwide Series program beginning next season with the No.40 team that will help acclimate Dario to stock car racing much like we did with Juan Pablo last season."

Fastenal will kick off its association with CGRFS at its annual employee expo in Orlando (December 6-7) by introducing Franchitti to more than 2,000 employees. The company is stepping up to CGRFS and the Nationwide Series following two seasons in the NASCAR Craftsman Truck Series as the primary sponsor of Bobby Hamilton Racing's No. 18 Dodge truck.

"We had a great experience with Bobby Hamilton Racing, and we'll always be honored to be a part of Bobby Hamilton's racing legacy," said Fastenal Company President and CEO Will Oberton.  "At the same time, we're excited to move up to car racing and thrilled to join the preeminent Dodge racing team in CGRFS.  I think I speak for a lot of our employees, suppliers and customers when I say that I can't wait for Dario to get behind the wheel of the No.40 Fastenal Dodge Charger in 2008."

Earlier this season Franchitti, the reigning Indy 500 winner and IndyCar Series champion, signed a multi-year deal with CGRFS to compete in NSCS and NNS competition beginning in 2008.  Franchitti will be the first European driver in the 59-year history of NASCAR to join the series full-time when he assumes driving duties for the No. 40 Fastenal Dodge Charger next season.

About Fastenal - Fastenal Company [Nasdaq: FAST] is celebrating 40 years of service and success, during which time the company has grown from a small-town fastener store into America's #1 fastener distributor and one of the world's  fastest growing full-line industrial suppliers. Today Fastenal's 12,000 employees are united by a mission to provide customers with the products they need, when and where they need them to minimize downtime and total costs - a mission that's backed by ultra-efficient sourcing and distribution, a vast, top-quality product mix, and dedicated local service and inventory through 2,100+ Fastenal stores nation- and worldwide. To help customers save time and money, Fastenal also offers a range of industrial support services, including full-service inventory management and manufacturing. To learn more about Fastenal's people, products and services, visit www.fastenal.com.

About Chip Ganassi Racing with Felix Sabates - With 13 wins already in 2007, including the company's best stretch in history with six victories in 30 days, CGRFS continues to add to its tally of 89 trips to victory lane. Chip Ganassi created his own one-car IndyCar team in 1990 and established a partnership with a new sponsor, Target. Today, his teams include two IRL IndyCars, one Indy Pro Series car and along with Felix Sabates he has three cars in the NASCAR NEXTEL Cup Series, two entries in the NASCAR Busch Series and two Daytona Prototypes in the world of Grand American Rolex Sports Car Series racing. Ganassi's IndyCar teams have amassed five Championships and 56 wins since 1994; his NASCAR teams have 12 wins and a Rookie-of-the-Year title; and the Grand American team has won two of the last three Rolex Series Daytona Prototype Championships and are the two-time defending Champions of the Rolex 24 At Daytona. Chip Ganassi Racing operates out of state-of-the-art race shop facilities in Indianapolis, Ind., and Concord, N.C., with a corporate office in Pittsburgh, Pa.

For more information log onto www.chipganassiracing.com

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