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Federal-Mogul Motorparts Unveils New M1 Concourse Performance Track Name and Logo

SOUTHFIELD, Mich., Feb. 25, 2016 (GLOBE NEWSWIRE) -- Federal-Mogul Motorparts, a division of Federal-Mogul Holdings Corporation (NASDAQ:FDML), today unveiled the new name and logo of the performance track at M1 Concourse, the highly anticipated automotive enthusiast destination in Pontiac, Mich. The new, state-of-the-art, 1.5 mile automotive performance track, which is scheduled to open in June, will be known as Champion Motor Speedway.

The new automotive performance track at M1 Concourse, scheduled to open in June, will be known as Champion Motor Speedway.


The new name and logo will be presented to the public for the first time at the M1 Concourse display at AutoRama Detroit, Feb. 26 – 28 at Cobo Center.

“The Champion auto parts brand is synonymous with motorsports around the world,” said Brad Oleshansky, founder and CEO, M1 Concourse. “Adding the Champion name to the performance track at M1 Concourse is a significant milestone in the development of this exciting destination for automotive enthusiasts. We are thrilled to be moving forward in our partnership with Federal-Mogul Motorparts, and we’re grateful for their support.”

“We take pride in supporting our industry and our hometown of greater Detroit through Champion Motor Speedway,” said Laura Soave, senior vice president, chief marketing & communications officer, Federal-Mogul Motorparts. “We can’t wait to welcome people from around the country and the world to this must-see addition to Detroit’s automotive community, this summer.”

For more than 100 years, Champion has been one of the most trusted and recognizable aftermarket brands in the world. The iconic red-and-black bowtie logo is a familiar symbol of authenticity and quality for racing fans and millions of other auto enthusiasts and consumers. Champion is one of more than 20 brands offered by Federal-Mogul Motorparts, which provides parts and components for virtually every vehicle, both modern and vintage.

M1 Concourse is a $40 million-plus development being built on an 87-acre former General Motors plant site in Pontiac, Mich. The development will include a private community of more than 250 private garages, a 1.5-mile performance track and a public experiential restaurant and retail destination. Champion Motor Speedway will be utilized for a variety of purposes. Most notably, it will available to the automotive industry for testing, training and marketing events. M1 Concourse will also offer a multitude of events open to the public, including driving schools, open track days, autocross and more. Owners of the Private Garages at M1 Concourse will have track access through the M1 Motorsports Club.

For more information about M1 Concourse, please visit www.m1concourse.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: Gary Mason (Federal-Mogul Motorparts) – 248.354.9846 gary.mason@federalmogul.com Brad Oleshansky (M1 Concourse) 248.259.0053 brad@m1concourse.com

Source:Federal-Mogul Holdings Corporation