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Federal-Mogul Unveils Broad New NHRA Contingency Postings

27 January 2000

Federal-Mogul Unveils Broad New NHRA Contingency Postings, Plus Special Engine Brands 'Power Bonus'

    SOUTHFIELD, Mich., Jan. 26 -- Three of the most popular
engine parts brands and product lines in the automotive industry -- each from
Federal-Mogul Corporation -- will offer more than $241,000 in
contingency postings during NHRA Federal-Mogul Drag Racing Series events in
2000.
    In addition, the three brands -- Champion(R) Spark Plugs, Fel-Pro(R)
Gaskets and Sealed Power(R) Engine Bearings -- will sponsor an innovative
"Power Bonus" program offering in excess of $195,000 to NHRA Sportsman
competitors during the upcoming season.
    Champion, Fel-Pro and Sealed Power each will post $300 for qualified
winners and $100 for runners-up in each of seven Federal-Mogul racing
categories during NHRA national events.  The same brands will post $50 for
qualifying winners and $25 for the runners-up in all eight NHRA Federal-Mogul
categories at each of this year's 42 divisional events.
    "Champion, Fel-Pro and Sealed Power represent the cornerstone of our
engine business and are the leading choices of Sportsman and professional drag
racers throughout North America," said Federal-Mogul Motorsports Manager
Shelley Pepmeier.  "Our new contingency package is a powerful statement about
the technology behind these products, our commitment to our engine parts
brands and, above all, our partnership with Sportsman drivers and teams."
    The Federal-Mogul Power Bonus adds an exciting new element to the
company's longstanding support of Sportsman competitors.  To qualify for the
Power Bonus, Sportsman competitors must win or finish second in class using
Champion Spark Plugs, Fel-Pro Gaskets and Sealed Power Engine Bearings --
while displaying all three approved contingency decals in the appropriate
order -- during any NHRA Federal-Mogul Drag Racing Series event in 2000.
    Qualifying national-event winners in each NHRA Federal-Mogul category will
receive a $500 Federal-Mogul Power Bonus, while qualifying runners-up will
receive $200.  At NHRA divisional events, each qualifying winner will receive
$150, with $100 going to the runners-up who meet the program's requirements.
    "We hope to pay out every penny of our budgeted contingency postings and
bonuses, and it's certainly possible in light of the tremendous loyalty racers
have to the Champion, Fel-Pro and Sealed Power brands and product lines,"
Pepmeier said.  "It's a creative, fun and powerful package that will lead to
impressive payouts throughout the season."
    Headquartered in Southfield, Michigan, Federal-Mogul Corporation is an
automotive parts manufacturer providing innovative solutions and systems to
global customers in the automotive, light truck, heavy-duty, railroad, farm
and industrial markets.  The company was founded in 1899.  Visit the company's
web site at http://www.federal-mogul.com for more information.