Canadian Tire Official Title Sponsor for the ASN Canada FIA Canadian Karting Championships

MOUNT-TREMBLANT, QC, Aug. 19, 2014 /CNW/ - Canadian Tire has renewed its support as the title sponsor of the Canadian Tire ASN Canada FIA Canadian Karting Championships being held on August 22 - 24, 2014, at Circuit Mont-Tremblant, Québec. Canadian Tire will also continue to sponsor Team Canada for the 2014 Rotax Max Challenge Grand Finals 2014 in Valencia, Spain, on November 25 - 29, 2014.

"As Canada's automotive authority, and as big racing fans, we're pleased to sponsor the Canadian Tire ASN Canada FIA Canadian Karting Championships again this year and continue to support the National team when they head to Spain," said Allan MacDonald, Chief Operating Officer, Canadian Tire Retail.

Canadian Tire's sponsorship of ASN Canada FIA Canadian Karting Championship includes title sponsor of the ASN Canada FIA Canadian Karting Championship and support for champions making "Team Canada" as they participate in the Rotax Max Challenge Grand Finals 2014, held in Valencia, Spain, in November.

"We are proud to be part of Canadian Tire's motorsport heritage," said Paul Cooke, Vice President, ASN Canada FIA.  "Canadian Tire's support for the development of our youthful driving talent is fantastic and makes a huge difference in helping bring our drivers to the world motorsport stage. The kart racing facility at Mont-Tremblant, Québec is one of the best in North America and a challenging track for our 200 competitors from across Canada to showcase their emerging talent."

"We are so excited to have the Canadian Tire ASN Canada FIA Canadian Karting Championships event here in Mont-Tremblant," said Ben Cooper, Canadian and European Champion Kart racing champion and resident of Mont-Tremblant. "We know that young drivers from across Canada are anticipating competing in this event. Canadian Tire is a big part of our community and many teams from across Canada rely on their local store for their supplies. Thank you to Canadian Tire for being a major part of kart racing's top Canadian event."

About Canadian Tire Corporation
Canadian Tire Corporation, Limited, (TSX:CTC.A) (TSX:CTC) or "CTC," is a family of businesses that includes a retail segment, a financial services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal categories. PartSource and Gas+ are key parts of the Canadian Tire network. The retail segment also includes Mark's, a leading source for casual and industrial wear, and FGL Sports (Sport Chek, Hockey Experts, Sports Experts, National Sports, Intersport, Pro Hockey Life and Atmosphere), which offers the best active wear brands. The nearly 1,700 retail and gasoline outlets are supported and strengthened by our Financial Services division and the tens of thousands of people employed across the Company. For more information, visit Corp.CanadianTire.ca.

SOURCE: CANADIAN TIRE CORPORATION, LIMITED

For further information: Sharon Lassman, D: (416) 480-3396, C: (647) 530-4826, sharon.lassman@cantire.com

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