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[January 12, 2006]

Best Buy Racing Enters NASCAR Nextel Cup Series as Primary Sponsor of Car Number 66; Jeff Green Joins Best Buy Haas CNC Racing as Driver of the No. 66 Car

MINNEAPOLIS --(Business Wire)-- Jan. 12, 2006 -- Best Buy announced today that it will sponsor the No. 66 Haas CNC Racing team in the 2006 NASCAR Nextel Cup Series with driver Jeff Green.

"This is really good news for me and our team," said Green, the 2000 Busch Series champion. "Joining Best Buy Haas CNC Racing is a real thrill for me. With Best Buy coming on board and our plans for a new race shop, I think we have a pretty bright future ahead of us."

Green said joining this team allows him to work with crew chief Robert (Bootie) Barker, who he has long admired.

"We have the makings of a very good team. With Bootie as my crew chief, and a terrific crew and equipment to work with, I know I'm going to have a good year," said the Owensboro, Ken. native who, in addition to his 2000 Busch Series championship, owns 16 Busch Series victories and five top-5 finishes in Nextel Cup competition. "Haas CNC Racing is a top-notch organization and I think we will make some headlines in 2006."

The Haas team has raced No.0 since 2003, and in 2006 the team's Chevrolet Monte Carlos will wear No. 66. This number was selected in recognition of the 40th anniversary of Best Buy, which opened its doors as Sound of Music in 1966 and is now North America's leading retailer of consumer electronics.

While Best Buy will serve as primary sponsor on the No. 66 for a minimum of 12 races, Mike Linton, chief marketing officer for Best Buy, anticipates the No. 66 will have full sponsorship throughout the 2006 season, with additional announcements coming soon.

"Our entry into the world of NASCAR last year was a fun experience--energizing both Best Buy employees and customers," Linton said. "As we looked to expand our presence this year, it was an easy choice to continue with the Haas CNC team. Anyone can do a sponsorship but not everyone can create a partnership and have fun at the same time. We know it's going to be a great season and that Jeff is going to be a great driver for the team."

The Best Buy sponsorship will be highlighted on the No. 66 car as well as on driver and crew uniforms, trailers and merchandising items. Additionally the Best Buy Fun Zone Technology vehicle, a mobile unit featuring interactive technology displays, will make appearances at select races. Best Buy stores in key locations also will host driver and car appearances throughout the season.

The Haas CNC Racing team is owned by Gene Haas, who founded Haas Automation in 1983. Based in Oxnard, California, Haas Automation is the largest machine tool manufacturer in the United States.

Haas said the combination of a secure sponsorship combined with a championship-caliber driver and crew chief has created the most excitement at his 90-person race shop since it started in Nextel Cup racing in 2002.

"There is a lot of excitement about this season--from Best Buy coming on as primary sponsor to Jeff Green taking over the car," said Haas. "We're looking forward to coming out of the gate strong at the Daytona 500 and being a contender for the championship."

The race team is currently based in Harrisburg, NC, where it occupies a 40,000-square-foot building containing both the business offices and the garage where Haas cars are prepared for upcoming races. The team plans to break ground on a new state-of-the-art 140,000-square-foot shop on 23 acres at the Kannapolis, N.C., Gateway Business Park on Jan. 19.

About Best Buy Co., Inc.

Best Buy Co., Inc. (NYSE:BBY) is an innovative Fortune 100 growth company that continually strives to create superior customer experiences. Through more than 930 retail stores across the United States and in Canada, our employees connect customers with technology and entertainment products and services that make life easier and more fun. We sell consumer electronics, home-office products, entertainment software, appliances and related services. A Minneapolis-based company, our operations include: Best Buy (BestBuy.com and BestBuy.ca), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca) and Magnolia Audio Video (Magnoliaav.com). We support our communities through employee volunteerism and grants from The Best Buy Children's Foundation.

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