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Federal-Mogul Corporation has reaffirmed its commitment to the more than 30,000 NHRA sportsman racers for the 2002 season. The company intends to increase its support of sportsman racers through enhanced low-qualifier and contingency award programs, according to Jay Burkhart, vice president of marketing for Federal-Mogul.

"Continuing our strong relationship with NHRA sportsman racers is a priority for Federal-Mogul," Burkhart said. "We're planning a number of initiatives for 2002 that will strengthen our involvement and focus our support of racers in the sportsman series. The bottom line is that Federal-Mogul will remain a strong supporter of the racers who represent the backbone of NHRA competition."

The initiatives include enhancing the company's Sealed Power Low Qualifier Award prize purse, boosting the annual cash award at the divisional level. Federal-Mogul also will continue its strong contingency awards programs, which will include Fel-Pro and Speed-Pro. Furthermore, the Sealed Power engine parts brand will continue its status as Official Brand of NHRA.

Burkhart said the announcement should eliminate any concerns about Federal-Mogul's continued support of NHRA sportsman racers that may have surfaced after the company filed for financial restructuring in the United States Oct. 1. The company is restructuring to resolve asbestos claims, thus separating its asbestos liabilities from its true operating potential.

"Federal-Mogul is a strong, vibrant company that is committed to growth worldwide," Burkhart said. "As we look ahead to 2002, I'm sure sportsman racers will see that our Sealed Power, Speed-Pro and Fel-Pro brands are going to be even more valuable as marketing partners."

Contingency payments for events following the Oct. 1 petition date will be paid in accordance with normal procedures. Year-end championship bonuses will also be paid as originally planned. Racers with questions about contingency payouts from Federal-Mogul for events prior to Oct. 1 are encouraged to contact the company's call center, (888) 333-6645.