please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . june 2012 learn how and when to remove this template message carquest auto parts type subsidiary industry aftermarket auto parts wholesale retail founded 1974 founders o. temple sloan jr. dan bock joe hughes 1 headquarters raleigh north carolina united states area served united states canada key people david mccartney president na steve gushie president ca products oe auto parts automotive finishes tools & equipment professional training business management parent advance auto parts 2014 present subsidiaries carquest canada website www.carquest.com united states www.carquest.ca canada carquest auto parts 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 and served approximately 1 350 independently owned carquest branded stores in 49 states puerto rico the virgin islands and canada . advance auto parts and carquest auto parts employs approximately 75 000 team members . 2 contents 1 history 2 stores 3 worldpac 4 sponsorships 5 references 6 external links history edit 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 carquest is 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 . 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 indiana parts warehouse was acquired by the third founder general parts in 1991 . 6 indiana parts had served 90 locations . 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 web site offering buy online pick up in store commerce . in december 2012 advance auto parts acquired warehouse distributor b.w.p. distributors which supplied the northeast . 8 on october 16 2013 it was announced that carquest will be acquired by advance auto parts inc in an all cash transaction estimated at 2.04 billion dollars . 9 the deal was finalized on january 3 2014 . 10 11 stores edit a store in hillsboro oregon there are over 2 800 carquest auto parts stores in north america 12 13 and one location in northern mariana islands . carquest canada has 200 stores in eastern canada with supplied by distribution centers in toronto montreal and saint john new brunswick . worldpac edit worldpac was formed in 1995 by the merger of worldwide trading corp. wwtc and imported parts and accessories impac . 14 worldpac specializes in providing hard to find aftermarket parts for imported vehicles . worldpac was acquired by carquest in 2004 7 and by advance auto parts on january 2 2014 when general parts international was merged into advance . sponsorships edit carquest is title right sponsor of the carquest auto parts nhra nationals at wild horse pass motorsports park near phoenix arizona . the event takes place annually in february and airs on fox sports 1 . carquest was a partner with barrett jackson and their auctions until 2014 . 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 secures the two companies as co primary sponsors of the no. 5 chevrolets driven by kyle busch in the nascar sprint cup series . on september 9 2007 the two companies announced casey mears will drive the no. 5 kellogg s carquest chevrolets for hendrick motorsports in the 2008 nascar sprint cup series joining a team that secured its second consecutive chase appearance sunday september 2 2007 at california speedway . in 2008 hendrick motorsports announced that mark martin a seasoned veteran would be driving the car in 2009 . carquest has continued to sponsor mark martin in 2010 and 2011 . carquest auto parts has primary sponsor placement in eight points races on the no. 5 chevy driven by mark martin during the 2011 nascar sprint cup season . 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 champs sports bowl from 1994 1997 3 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 . references edit a b c carquest strives to help its many jobbers to be successful . bangor daily news . april 15 1994 . p. w17 . http phx.corporate ir.net phoenix.zhtml c 130560 & p irol irhome mccoy gary may 2007 . death of the blacksmith birth of the aftermarket . aftermarket business . pp . s8 s10 s12 s14 s16 . section ignored help link via proquest . carquest corporation history . fundinguniverse . a b hoyle amanda jones january 7 2011 . general parts gets 258m in deal . triangle business journals . two carquest companies merge ; courses set . carquest corp. ; general parts inc. and indiana parts warehouse co. . aftermarket business . june 1 1991 . a b moore bob december 1 2004 . staid carquest makes bold acquisition . aftermarket business . advance auto parts announces acquisition of bwp distributors . aftermarketnews . december 19 2012 . 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 . jaisinghani sagarika october 16 2013 . advance auto expands repair shop business with 2 billion buy . reuters . snipes cameron december 16 2013 . year in review sloan sells raleigh s general parts for 2 billion . triangle business journals . wilson bill 2007 08 07 . carquest expanding in wichita excerpt . wichita eagle . retrieved 2008 06 26 . carquest is expanding its 3000 store base nationwide ... sangimino pat 2007 12 21 . carquest opens two wichita locations takes aim at commercial repair market . wichita business journal . p. 2 . retrieved 2008 06 26 . worldpac becomes 1st supply partner to join myrepairshop s network . auto channel . 30 october 2000 . external links edit advance auto parts investor relations carquest auto parts e commerce carquest canada worldpac official website tech net professional auto service official website carquest batteries official website carquest technical institute official website retrieved from https en.wikipedia.org w index.php title carquest & oldid 743020107 categories companies based in raleigh north carolinaautomotive part retailers of the united statesbusiness organizations in the united states1974 establishments in north carolinacompanies established in 1974hidden categories cs1 errors chapter ignoredarticles needing additional 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