Ryan Cohen Rejects GameStop Pay Package, Prepares New eBay Acquisition Plan 
NTSB Investigates Boston Logan Airport Near-Miss Between Delta and American Airlines Jets 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
FedEx Stock Drops After Weak 2026 Earnings Forecast Despite Strong Q4 Results 
Nissan Halts Electric Qashqai Development Amid EV Market Challenges 
Baseten Secures $1.5 Billion Funding at $13 Billion Valuation Amid AI Infrastructure Boom 
DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post 
Heineken Names JDE Peet’s CEO Rafael Oliveira as New Chief Executive 
Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence 
KPMG Australia Chairman and Senior Partners Exit Amid Escalating Whistleblower Scandal 
California Drivers Sue BP, Walmart, 7-Eleven Over Alleged AI Gas Price Fixing 
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence 
Nike CFO Shake-Up Fuels Concerns Over Turnaround Strategy 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
SOUTHFIELD, Mich., Feb. 19, 2016 -- Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corp. (NASDAQ:FDML), today announced that it will continue its role as the presenting sponsor of the weekly MOOG® “Problem Solver of the Race” award for the 2016 NASCAR® Sprint Cup season. The new season of the award program will start with the upcoming Daytona 500. MOOG is the Official Steering and Suspension of NASCAR.
|
|||
The weekly MOOG award recognizes the crew chief whose in-race problem solving excellence contributes to the greatest second-half improvement in average lap time while finishing on the lead lap.
At the end of the 2016 Sprint Cup season, MOOG will present the $100,000 “Problem Solver of the Year” award to the NASCAR crew chief with the most weekly wins throughout the 36-race schedule.
Throughout the 2016 racing season, weekly updates on the MOOG Problem Solver of the Race Award will be available via MOOG’s social media channels:
Facebook.com/MOOGproblemsolver
Twitter.com/MOOGparts
Instagram.com/MOOGparts
“MOOG is one of a select few brands required for Sprint Cup cars by the NASCAR rule book,” said Michael Proud, director of marketing, Federal-Mogul Motorparts. “That’s a testament to the durability and reliability of MOOG parts. For 50 years, NASCAR crew chiefs have trusted MOOG, and we’re excited to continue our strong relationship with NASCAR in 2016.”
Greg Ives, crew chief for Dale Earnhardt Jr. and the Hendrick Motorsports-owned No. 88 Nationwide Chevrolet SS, won the 2015 MOOG Crew Chief of the Year Award after earning a series-leading five weekly MOOG awards. Also in 2015, Kyle Busch became the 50th consecutive NASCAR driver to win a championship with MOOG steering and suspension parts.
The 2016 racing season marks the 51st year of the MOOG brand being the preferred choice of NASCAR crew chiefs. In recognition of the vital importance of steering and suspension components in overall vehicle safety and performance, NASCAR mandates that every Sprint Cup team uses MOOG Problem Solver parts, specifically ball joints and tie rod ends.
To learn more about MOOG products, please contact your MOOG Steering and Suspension supplier or visit www.moogproblemsolver.com.
About Federal-Mogul
Federal-Mogul Holdings 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 divisions, each with a chief executive officer reporting to Federal-Mogul's Board of Directors.
Federal-Mogul Motorparts 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®, Jurid® and Wagner® brake products.
Federal-Mogul Powertrain designs and manufactures original equipment powertrain components and systems protection products for automotive, heavy-duty, industrial and transport applications.
Federal-Mogul was founded in Detroit in 1899 and maintains its worldwide headquarters in Southfield, Michigan. The company employs nearly 50,000 in 34 countries. For more information, please visit www.FMMotorparts.com.
CONTACT: Drew Shippy (Federal-Mogul Motorparts) – 330.688.3500 [email protected] Gary Mason (Federal-Mogul Motorparts) – 248.354.9846 [email protected]
