SOUTHFIELD, Mich. (March 25, 2005) — Federal-Mogul Corp. and CASCAR (Canadian Association for Stock Car Racing) have formed a new sponsor partnership that will offer a cash awards program under Federal-Mogul's Moog chassis parts brand.
The program's cash prizes will be paid out to competitors at each CASCAR event in the association´s three series: the Super Series, Sportsman Series and Western Series. An end-of-season award also will be given based on performance throughout the season.
CASCAR's Super Series is considered Canada´s top level of stock car racing, with events held in Ontario, Quebec, Alberta, and British Columbia. More than 150 race teams across the country compete in the Canadian racing association's three series.
Federal-Mogul, based in Southfield, reported sales of $6.2 billion in 2004. Among the variety of brands the company also markets besides Moog are AE engine products, ANCO wipers, Champion spark plugs and wipers, Fel-Pro gaskets, Ferodo brake pads and Wagner lighting and brake products.