Federal-Mogul Corporation : Ryan Newman Crew Chief Matt Borland Extends Early Lead in MOOG® 'Problem Solver of the Year'
Federal-Mogul Corporation : Ryan Newman Crew Chief Matt Borland Extends Early Lead in MOOG® 'Problem Solver of the Year' Battle Southfield, Michigan, May 28, 2013.Ryan Newman crew chief Matt Borland became the first NASCAR^® Sprint Cup crew chief to win three MOOG^® "Problem Solver of the Race" awards after Newman and the No. 39 Quicken Loans Chevrolet SS overcame tight handling to post a top-10 finish in Saturday night's Coca Cola 600 at Charlotte (N.C.) Motor Speedway. His latest MOOG Problem Solver honors give Borland a rare two-win lead in the hotly contested $100,000 MOOG "Problem Solver of the Year" battle. The MOOG Problem Solver awards are sponsored by global vehicle components manufacturer Federal-Mogul Corporation (NASDAQ: FDML). Borland won his second consecutive Problem Solver of the Race award after the MOOG Steering and Suspension-equipped No. 39 car improved by a race-best 0.327 seconds over the second half of the contest while finishing on the lead lap. Newman finished sixth after falling a lap down, in 31^st position, in the opening 100 miles. The team finished 13^th in last week's Sprint All-Star Race, also at Charlotte, prompting Borland and the Stewart-Haas Racing team to make major changes to the car's setup before Saturday night's start. "Like a lot of teams out there tonight, Matt and Ryan were struggling to get ahead of the rapidly cooling track temperatures. Matt eventually found the right combination and kept making the 39 car faster the rest of the night," said Federal-Mogul Motorsports Director Tim Nelson. "That's two straight MOOG Problem Solver wins and a pretty good lead after 12 races, but I'm sure our year-end honors will be a nail-biter in November like it always is." The 39 team and others were confronted with a bizarre early incident that enabled them to reassess their chassis setups and improve their competitive position over the balance of the race. A cable used to support an overhead television camera fell to the track surface on Lap 122, causing noticeable damage to several cars. NASCAR officials immediately red-flagged the race for what turned out to be a 30-minute inspection and repair period. Borland ultimately called for dramatic changes to the 39 car, helping Newman quickly advance from 31^st position into the top 20, then the top 10. He appeared to be destined for a solid third-place finish before a late caution reshuffled the field. As the automotive service industry's "Problem Solver^®," MOOG is the preferred brand of professional technicians and NASCAR crew chiefs. Federal-Mogul's MOOG steering and suspension product engineers work in partnership with Sprint Cup teams to develop and test innovative designs that help provide race-winning performance and durability. Many of these same technologies are featured in MOOG ball joints, tie rod ends and other components available for today's passenger vehicles. For more information regarding MOOG steering and suspension parts, visit the brand's technician-focused www.moogproblemsolver.com website or contact your MOOG supplier. To identify the right MOOG part for virtually any application, please use the convenient, free www.FMe-cat.com electronic catalog. About Federal-Mogul Federal-Mogul Corporation (NASDAQ: FDML) is a leading global supplier of products and services to the world's manufacturers and servicers of vehicles and equipment in the automotive, light, medium and heavy-duty commercial, marine, rail, aerospace, power generation and industrial markets. The company's products and services enable improved fuel economy, reduced emissions and enhanced vehicle safety. Federal-Mogul operates two independent business segments, each with a chief executive officer reporting to Federal-Mogul's Board of Directors. Federal-Mogul's Powertrain segment designs and manufactures original equipment powertrain components and systems protection products for automotive, heavy-duty, industrial and transport applications. Federal-Mogul's Vehicle Components segment sells and distributes a broad portfolio of products through more than 20 of the world's most recognized brands in the global vehicle aftermarket, while also serving original equipment vehicle manufacturers with products including braking, chassis, wipers and other vehicle components. The company's aftermarket brands include ANCO^® wiper blades; Champion^® spark plugs, wipers and filters; AE^®, Fel-Pro^®, FP Diesel^®, Goetze^®, Glyco^®, Nüral^®, Payen^® and Sealed Power^® engine products; MOOG^® steering and suspension parts; and Ferodo^® and Wagner^® brake products. Federal-Mogul was founded in Detroit in 1899. The company employs 45,000 people in 34 countries, and its worldwide headquarters is in Southfield, Michigan, United States. For more information, please visit www.federalmogul.com. # # # # CONTACT: Drew Shippy (330) 688-3500 Jim Burke (248) 354-4530 ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Federal-Mogul Corporation via Thomson Reuters ONE HUG#1705329