(NEWS RELEASE)

$20,000 Scholarship Awarded to Garrett Schmidt

AURORA, Ill. (April 8, 2014) – After receiving thousands of applications, the inaugural recipient of the Ricky Carmichael Motorcycle Mechanics Institute Scholarship Program has been announced. The initiative was introduced this season between the Motorcycle Mechanics Institute (MMI), Carmichael, and AMSOIL Arenacross, featuring Ricky Carmichael’s Road to Supercross, awarding one aspiring technician with a $20,000 scholarship to pursue his or her dream at MMI.

The opportunity was open to both current and potential MMI students, and interested applicants were asked to submit a two-minute video explaining why they deserve to win the scholarship. After scouring through the videos, Carmichael ultimately selected Garrett Schmidt, from Loveland, Colo., as the first recipient of the $20,000 scholarship. This will allow Schmidt to further his education at the MMI campus in Phoenix, Ariz.

“Passion and dedication are two of the hallmarks of a successful mechanic,” said Carmichael. “As a rider, I know that a mechanic can be the one piece of the puzzle that puts everything over the top and Garrett showed me he has the desire to become successful. The decision wasn’t easy as we had a ton of applicants, but I just to thank everyone for the support of the Ricky Carmichael Motorcycle Mechanics Institute Scholarship Program. I can’t wait to do it again next year.”

“We are thrilled to welcome Garrett to our MMI campus in Phoenix, where we provide specialized motorcycle repair technician training on the world’s top brands” says Kim McWaters, chairman and chief executive officer, Universal Technical Institute. “We appreciate Ricky Carmichael’s dedication to offering this scholarship so Garrett can receive an education to launch the career of his dreams.”

The 2014 season was the first in which MMI served as the Official Technical Institute of AMSOIL Arenacross, following many years of support for Monster Energy AMA Supercross, an FIM World Championship. MMI is the nation’s leading provider of post-secondary education for students seeking careers as professional motorcycle technicians.

For more information about MMI, visit http://www.MMITech.edu.

The entire AMSOIL Arenacross season will air on FOX Sports 1, including re-airs on FOX Sports 2.

Live timing and scoring from each round of the AMSOIL Arenacross season returns for the 2014 season! To follow the intense racing action live, log onto http://www.Arenacross.com.

For more information on the 2014 AMSOIL Arenacross season, and to purchase tickets, log on to http://www.Arenacross.com. For all media requests, please contact Brandon Short brandon@nextlevelsportsinc.com or 949-365-5750.

Never miss out on the latest news! For more information on AMSOIL Arenacross, please log on to http://www.Arenacross.com. To follow AMSOIL Arenacross on Facebook, Twitter and Instagram, long on to http://www.facebook.com/AMAarenacross, http://www.twitter.com/Arenacross and http://www.instagram.com/Arenacross. Subscribe to our YouTube Channel at http://www.youtube.com/ArenacrossLive.

About AMSOIL Arenacross
AMSOIL Arenacross is sanctioned by the American Motorcyclist Association. The AMA sanctions more amateur motorsports events than any other organization, as well as Monster Energy AMA Supercross, an FIM World Championship. For more information about AMA-sanctioned competition events, see http://www.americanmotorcyclist.com/racing.

About Feld Motor Sports®
Feld Motor Sports, Inc. is the world leader in specialized arena and stadium-based motor sports entertainment. Feld Motor Sports productions include Monster Jam®, Monster Energy Supercross, AMSOIL Arenacross and Nuclear Cowboyz®. Feld Motor Sports is a division of Feld Entertainment, the world’s largest producer of live family entertainment. For more information on Feld Entertainment, visit http://www.feldentertainment.com.

About AMSOIL®
AMSOIL® manufactures premium synthetic lubricants for all automotive, diesel and power sports applications. AMSOIL is formulated specifically for equipment life, maximum power and optimal all-weather performance and have been tested and proven for over 40 years and billions of miles of service. For more information on AMSOIL, visit http://www.amsoil.com or http://www.amsoilracing.com.

About the American Motorcyclist Association
Since 1924, the AMA has protected the future of motorcycling and promoted the motorcycle lifestyle. AMA members come from all walks of life, and they navigate many different routes on their journey to the same destination: freedom on two wheels. As the world’s largest motorcycling rights organization, through member clubs, promoters and partners, the AMA sanctions more motorsports competition and motorcycle recreational events than any other organization in the world. AMA advocates for motorcyclists’ interests in the halls of local, state and federal government, the committees of international governing organizations, and the court of public opinion. AMA members receive money-saving discounts from dozens of well-known suppliers of motorcycle services, gear and apparel, bike rental, transport, hotel stays and more. Through the AMA Motorcycle Hall of Fame, the AMA honors the heroes and the heritage of motorcycling for future generations. For more information, please visitwww.americanmotorcyclist.com.

About Motorcycle Mechanics Institute (MMI)
Motorcycle Mechanics Institute (MMI), is a division of Universal Technical Institute, Inc. (NYSE: UTI), a leading provider of technical education training for students seeking careers as professional automotive, collision repair, diesel, marine and motorcycle technicians. With campuses located in Phoenix, Ariz. and Orlando, Fla., MMI is supported and equipped by all six major motorcycle manufacturers – American Honda, American Suzuki, BMW, Harley-Davidson Motor Co., Kawasaki Motors Corp., USA and Yamaha Motor Corp. USA. For more information visit http://www.uti.edu/programs/motorcycle. Like MMI on http://www.facebook.com/MMIMotorcycle and follow MMI on Twitter @MMITweet. For more information visit http://www.uti.edu.