Ace Hardware Foundation Races for Miracles in Richmond, VA

Marcos Ambrose Vies for Win to Benefit Children through "Racing for a Miracle" Program

April 30, 2014 // Franchising.com // OAK BROOK, Ill. – The Ace Hardware Foundation has its hopes set on Richard Petty Motorsports (RPM) driver Marcos Ambrose, as he races for miracles this weekend in Richmond, Va. The "Racing for a Miracle" initiative is a multi-faceted program developed in collaboration with RPM, STANLEY, DEWALT, the Ace Hardware Foundation and Children's Miracle Network Hospitals (CMN Hospitals) – all to benefit children by raising funds for the hospitals that provide their care.

If Ambrose and the No. 9 team win, STANLEY will donate $1 million to CMN Hospitals through the Ace Hardware Foundation. If Ambrose and his Richard Petty Motorsports (RPM) team finish second or third, STANLEY, through the Ace Hardware Foundation, will donate $500,000 or $250,000 respectively.

The pledge is part of the most successful and longest-running campaigns in NASCAR that benefits patients of CMN Hospitals. Regardless of the race's outcome, the "Racing for a Miracle" program with STANLEY and the Ace Hardware Foundation will once again pledge $100,000 to Children's Miracle Network Hospitals. It's a total contribution to CMN Hospitals of more than half a million dollars since the program started.

"Our STANLEY team never needs to be motivated to win a race, but each year when we have the opportunity to race for $1 million for Children's Miracle Network Hospitals, it really encourages all of us," said Ambrose. "We have to thank the Ace Hardware Foundation for continuing to support this program and giving us this opportunity. It would be the highlight of my career to be able to win this Saturday night for these kids."

As part of the special week of events, representatives from the Ace Hardware Foundation, STANLEY, DEWALT, and RPM, including Ambrose and members of the No. 9 STANLEY pit crew, visited Children's Hospital of Richmond at VCU, a Children's Miracle Network Hospitals member. While at the hospital, representatives spent time with the patients and their family members by giving them an inside look at the STANLEY race team, including pit stop demonstrations.

Today, Ambrose will join his teammate Aric Almirola and owner "The King" Richard Petty, along with representatives from STANLEY and DEWALT, to present the $100,000 donation to the Ace Hardware Foundation and Children's Miracle Network Hospitals at Richmond International Speedway in Richmond, Va. Included in the check presentation, Ambrose, Almirola and Petty will unveil the paint scheme that will run this weekend on the No. 9 Ford Fusion. The special scheme includes four very special children who will also serve as "Honorary Crew Members" of the No. 9 team throughout the weekend. Ambrose, Almirola and Petty will also sign autographs for fans.

Additionally, as part of the campaign, the No. 9 Ford Fusion made special appearances at several Pleasants Hardware Stores, an Ace affiliated retailer with eight locations throughout Richmond, Va. James Hatcher, President of Pleasants Ace Hardware and a Board Member for Ace Hardware Corporation was proud to be involved in the events leading up to the race. "I'm proud to be involved in this year's 'Racing for a Miracle' events," said Hatcher. "Every bit we give back is really just another way of serving our customers and the needs of the place we call home."

For more information on the "Racing for a Miracle" program, including more ways to support Children's Miracle Network Hospitals, visit www.stanleymotorsports.com. For more information about Ace Hardware and the Ace Hardware Foundation, please visit www.acehardware.com.

About the Ace Foundation

As the official charitable division of Ace Hardware Corporation, the Ace Hardware Foundation helps enhance the vision of being the "Helpful Place" in local communities across the country and around the globe through charitable giving. The Ace Foundation provides support and philanthropic opportunities to its consumers, retail store owners, vendors and team members to give back to local communities through fundraising efforts for Children's Miracle Network Hospitals and American Red Cross Disaster Relief.

About Ace Hardware

For 90 years, Ace Hardware has been known as the place with the helpful hardware folks in thousands of neighborhoods across America, providing customers with a more personal kind of helpful. In 2013, Ace ranked "Highest in Customer Satisfaction with Home Improvement Retail Stores, Seven Years in a Row" according to J.D. Power. With more than 4,850 hardware stores locally owned and operated across the globe, Ace is the largest hardware cooperative in the industry. Headquartered in Oak Brook, Ill., Ace and its subsidiaries currently operate 14 distribution centers in the U.S. and also have distribution capabilities in Shanghai, China; Panama City, Panama; and Dubai, United Arab Emirates. Its retailers' stores are located in all 50 states, the District of Columbia and approximately 60 countries. For more information on Ace, visit www.acehardware.com.

About Children's Miracle Network Hospitals

Children's Miracle Network Hospitals® raises funds for 170 children's hospitals across the United States and Canada, which, in turn, use the money where it's needed the most. When a donation is given it stays in the community, helping local kids. Since 1983, Children's Miracle Network Hospitals has raised more than $4.74 billion, most of it $1 at a time. These donations have gone to support research and training, purchase equipment, and pay for uncompensated care, all in support of the mission to save and improve the lives of as many children as possible. Learn more at CMNHospitals.org.

About Stanley Black & Decker

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, engineered fastening systems, and more. The company's Stanley Healthcare Solutions division is the North American leader in Infant Security, with its HugsTM Infant Protection System. Learn more at www.stanleyblackanddecker.com.

About Richard Petty Motorsports

A performance and marketing driven company, Richard Petty Motorsports, co-owned by NASCAR Hall of Famer Richard Petty and successful business entrepreneurs Andrew Murstein and Douglas Bergeron, is one of the most recognized brands in all of motorsports. With a history of over 200 wins and business partnerships with national and global leaders, today the race operation fields two teams in competition in the NASCAR Sprint Cup Series. Aric Almirola pilots the famous No. 43 Ford Fusion with primary partners Smithfield Foods, U.S. Air Force and STP and Marcos Ambrose drives the No. 9 machine with primary partners Stanley and DEWALT. In addition, Michael Annett wheels the No. 43 Pilot Flying J Ford Mustang full-time in the NASCAR Nationwide Series. The team is headquartered in Concord, N.C.

About Pleasants Hardware

Pleasants Hardware is an 8 store, Ace affiliated chain of hardware stores in Richmond Va. In addiotn to its retail operations, Pleasants also serves Industrial and Contract customers through offices in Richmond, Harrisonburg and Virginia Beach. Founded in 1915 by Mr H.A. Pleasants, Pleasants is consistently voted "the best hardware store in Richmond" by local consumers. Pleasants Hardware is still locally owned and operated. Learn more at pleasantshardware.com.

SOURCE Ace Hardware

Media Contacts:

Chris Doucet
Ace Hardware Corporation
630-209-4634
cdouc@acehardware.com

Kate Kirkpatrick
Ace Hardware Corporation
630-990-1478
kkirk@acehardware.com

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