BorgWarner To Present Trophies to Winning Indy 500 Driver and Team Owner at Automotive News World Congress Dinner

Sam Hornish, Jr., and Roger Penske to be honored for 2006 victory

AUBURN HILLS, Mich., Jan. 16 -- Termed "the greatest spectacle in racing," the Indianapolis 500(R) has thrilled race fans for 95 years, granting winners the honor of posing with the coveted BorgWarner Indianapolis 500 Trophy(TM) in Victory Lane. With his exciting victory at the Indianapolis Motor Speedway in May, Sam Hornish, Jr., earned a permanent spot on the base of the world-famous trophy.

On Wednesday, Hornish will receive a one-of-a-kind replica -- the BorgWarner Indianapolis 500 Championship Driver's Trophy(TM) -- from BorgWarner Chairman and CEO Tim Manganello. Penske Race Team owner Roger Penske will receive the BorgWarner Team Owner's Trophy(TM). Joie Chitwood III, president and COO of the Indianapolis Motor Speedway, will also be on hand to congratulate the winners. The awards will take place during the 2007 Automotive News World Congress Gala Dinner on January 17 at the Hyatt Regency in Dearborn, Michigan. Also on display will be the original, full-sized BorgWarner Indianapolis 500 Trophy(TM). Standing 5 feet, 6 inches tall and containing over 100 pounds of sterling silver, the art-deco trophy is one of the most recognized symbols in spectator sports.

"BorgWarner is extremely proud to have been associated with this legendary racing event since 1936," Manganello said. "We congratulate Sam Hornish, Jr., and Roger Penske for their 2006 victory, and look forward to sending them home on Wednesday night with tangible symbols of an exceptional feat."

The BorgWarner Championship Driver's Trophy, a replica of the BorgWarner Indianapolis 500 Trophy, is awarded each year to the winner of the Indianapolis 500. The sterling silver trophy, referred to in the automotive racing world as the "Baby Borg," is 14 inches high and weighs 5 pounds. It rests on a 4-inch by 8-inch beveled black marble base. The base includes space for a hand-crafted, 2-inch, 3-dimensional sterling silver image of the winning driver's face, and also includes an inscription of the winning driver and year of victory. BorgWarner established the trophy in 1988, so that each winner of the Indianapolis 500 would have a lasting keepsake of the Speedway victory. The BorgWarner Indianapolis 500 Trophy does not go home with the winner after it is presented in Victory Circle on race day; it stays on permanent display at the Indianapolis Motor Speedway Hall of Fame Museum.

In 1998, to mark the company's 70th year as a pioneering innovator in the automotive industry, BorgWarner established The BorgWarner Team Owner's Trophy, a companion to the Championship Driver's Trophy. As its name reflects, the Team Owner's Trophy goes to the owner of the racing team that wins the Indianapolis 500, and recognizes the significance of the team owner's role in the Indy Racing League. Like the Championship Driver's Trophy, the Team Owner's Trophy is a replica of the Indianapolis 500 trophy, but has a band of art-deco racing cars accentuated in gold to symbolize the importance of teamwork in auto racing and the automotive business.

Auburn Hills, Michigan-based BorgWarner Inc. is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The FORTUNE 500 company operates manufacturing and technical facilities in 63 locations in 18 countries. Customers include Ford, VW/Audi, DaimlerChrysler, General Motors, Toyota, Renault/Nissan, Hyundai/Kia, Honda, BMW, Caterpillar, Navistar International, and Peugeot. The Internet address for BorgWarner is: http://www.borgwarner.com/.