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Dale Earnhardt Jr. Crew Chief Greg Ives Takes Lead in Battle for $100,000 MOOG® 'Problem Solver of the Year' Award

(Thomson Reuters ONE via COMTEX) --Southfield, Michigan, September 15, 2015.Dale Earnhardt Jr. and the MOOG® Steering and Suspension-equipped No. 88 Nationwide Chevrolet SS captured their 12th top-five finish of the year in Saturday's Federated Auto Parts 400 NASCAR® Sprint Cup event at Richmond (Va.) International Raceway. Perhaps the biggest news for the Hendrick Motorsports-owned team, however, was that crew chief Greg Ives earned his fourth MOOG "Problem Solver of the Race" Award, giving him the lead in the battle for $100,000 MOOG "Problem Solver of the Year" honors.

Sponsored by MOOG Steering and Suspension manufacturer 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. The Problem Solver of the Year award goes to the crew chief with the most weekly MOOG award wins throughout the 36-race Sprint Cup season. Ives earned Saturday's weekly award after the 88 car improved by a race-best 0.154-second-per-lap to finish fifth.

After starting in 29th position, the 88 car moved into the top 15 within the first 110 laps. Earnhardt cracked the top 10 just 24 laps later and remained among the lead pack for much of the rest of the night. He advanced to seventh with just over 100 laps remaining and to fifth position on Lap 314 (of 400). The 88 briefly fell back one position but ran strong during the final 18-lap green-flag run to secure a top-five finish. The race was won by Matt Kenseth and the MOOG-equipped No. 20 Toyota Camry.

Earnhardt and Ives, like 15 other sets of Cup drivers and crew chiefs, now prepare for the Challenger Round of the Chase, which begins Sunday at Chicagoland Speedway. The 88 team holds the sixth seed in the field of 16 Chase qualifiers.

"Dale Junior and Greg ran a smart race, knowing they had a Chase spot sewn up but still wanting to head into the Challenger Round with a strong finish," said Tim Nelson, director of Motorsports for Federal-Mogul Motorparts. "A top five gives them something positive to build on for next week, and now Greg has even more at stake as the leader in our year-end Problem Solver award standings."

With four weekly MOOG awards, Ives now holds a one-win lead over rookie crew chief Justin Alexander (No. 27 Chevrolet/Paul Menard). Fifteen different crew chiefs have won the weekly award through the first 26 Cup races.

The MOOG brand is the preferred choice of professional technicians and NASCAR crew chiefs. In recognition of the vital importance of steering and suspension components in overall vehicle safety and performance, NASCAR mandates that Cup teams use MOOG Problem Solver parts, specifically ball joints and tie rod ends. Cup Series champions have won with MOOG parts for 49 consecutive years.

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

Susan Fisher (Federal-Mogul Motorparts) - 248.354.0926

susan.fisher@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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