Press Release


David Ragan Posts Top-5 Finish, Crew Chief Adam Stevens Wins MOOG® 'Problem Solver' Award at MartinsvillePrint Page E-mail Page 

(Thomson Reuters ONE via COMTEX) --Southfield, Michigan, March 30, 2015.David Ragan and the No. 18 Crispy M&Ms Toyota Camry earned their first top-five finish of the season and crew chief Adam Stevens won his first-ever MOOG® Steering and Suspension "Problem Solver of the Race" Award in Sunday's STP 500 NASCAR® Sprint Cup event at historic Martinsville (Va.) Speedway. MOOG is the Official Steering and Suspension sponsor of NASCAR.

Sponsored by Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corporation (NASDAQ: FDML), the weekly MOOG Problem Solver award is presented to the crew chief whose car posts the greatest second-half improvement in average lap time while finishing on the lead lap. Stevens and the Joe Gibbs Racing team helped Ragan deliver a race-best 0.129-second-per-lap boost in finishing fifth on the 0.526-mile, paperclip-shaped track.

Ragan and Stevens are in their first season together after Ragan stepped in as a substitute for the injured Kyle Busch. The team posted finishes of 18th, 22nd, 21st and 18th, respectively, heading into Martinsville, where Ragan's short-track experience paid huge dividends. The race was won by Ragan's JGR teammate Denny Hamlin in the MOOG-equipped No. 11 Toyota.

"Bringing in a new driver after the start of a season is never easy, but David and Adam have shown since their first race together at Atlanta that they've got the goods to be competitive," said Tim Nelson, director of motorsports for Federal-Mogul Motorparts. "It was obvious today that they're becoming much more comfortable together, and the 18 car was handling beautifully over the final 200 laps."

The 18's handling performance was all the more notable in light of the fact that Ragan was involved in a multi-car incident at mid-race. Although the car sustained front-end damage, Stevens and crew were able to continue to enhance its chassis setup over the balance of the afternoon.

Stevens is the sixth different crew chief in six races to win weekly MOOG honors. At the end of the season, Federal-Mogul Motorparts will present the $100,000 MOOG "Problem Solver of the Year" Award to the crew chief with the most weekly Problem Solver wins.

The MOOG brand, the preferred choice of professional technicians and NASCAR crew chiefs, is in its 50th year of Cup competition. MOOG parts have been the choice of every Cup series champion since 1966, an unprecedented 49-year winning streak.

To learn more about MOOG products, please contact your MOOG Steering and Suspension supplier or visit the technician-focused www.moogproblemsolver.com website. Like MOOG on Facebook at https://www.facebook.com/moogproblemsolver and follow the brand on Twitter for product updates and special promotions.

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.federalmogul.com.

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CONTACT:                   

Drew Shippy (Federal-Mogul Motorparts) - 330.688.3500

Drew@pinnmedia.com

Karen Shulhan (Federal-Mogul Motorparts) - 248.354.4383

karen.shulhan@federalmogul.com

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Federal-Mogul Corporation via Globenewswire

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