BorgWarner Races on with INDYCAR, Extending its Agreement to be the Official Turbocharger Partner of the IndyCar Series Through the 2020 Season

AUBURN HILLS, Mich., Dec. 19, 2018 /PRNewswire/ -- BorgWarner and INDYCAR announced that BorgWarner will continue to be the Official Turbocharger Partner of the IndyCar Series with its Engineered for Racing (EFR) turbocharger, through the 2020 season. BorgWarner's innovative engineering and materials expertise are race proven, with more than 1.25 million trouble-free miles since 2012, on high-speed oval tracks, road courses, street courses and short oval tracks.

"BorgWarner is honored to continue its partnership with INDYCAR and the IndyCar Series, America's premier open-wheel racing series," said Scott Gallett, vice president marketing, public relations, government affairs and internal communications, BorgWarner Inc. "Our EFR turbochargers are the perfect match for INDYCAR, with their advanced engineering, low weight and proven durability, they truly are engineered for racing."

Assembled at BorgWarner's Asheville, North Carolina facility, the company's lineup of EFR turbochargers deliver an unprecedented combination of advanced technologies including:

• Low-weight Gamma-TiAI (titanium aluminide) turbine wheels and shaft assemblies for quick boost response
• Patent-pending dual-row ceramic ball bearing cartridges for more thrust capacity, durability and turbine efficiency at low expansion ratios
• Investment-cast stainless-steel turbine housing for increased efficiency, improved durability and corrosion resistance

The EFR turbocharger also is available to consumers interested in boosting the performance of their vehicle through BorgWarner's distribution network. BorgWarner offers a range of aftermarket EFR turbochargers supporting 225 to 1,100 horsepower per turbocharger. More information about BorgWarner's aftermarket turbochargers can be found at borgwarner.com/en/aftermarket.

BorgWarner has a long history with INDYCAR and the Indianapolis 500, The Greatest Spectacle in Racing. Since 1936, the winner of the Indianapolis 500 is awarded the Borg-Warner Trophy™. The Borg-Warner Trophy presentation at the Indy 500 is one of the most photographed ceremonies in all of sports.

The trophy originated when Borg-Warner Corporation commissioned the creation of a commemorative trophy in 1935 to honor winners of the Indianapolis 500. Designed in the popular 1930s art deco style, the sterling silver trophy includes "wings" on the sides to symbolize flight, stands at more than 5-feet tall and weighs in at more than 110 pounds with its base. The trophy displays the sculpted face of each race winner.

About BorgWarner

BorgWarner Inc. BWA is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 66 locations in 18 countries, the company employs approximately 29,000 worldwide. For more information, please visit borgwarner.com.

About The Borg-Warner Trophy™

The Borg-Warner Trophy™ features the sterling silver image of every Indianapolis 500 winner dating back to the first race winner, Ray Harroun in 1911. Made of sterling silver, weighing 110 pounds and standing 5 feet, 4-3/4 inches tall, the trophy originally cost $10,000 and is currently valued at $3.5 million. The Borg-Warner Trophy stays on permanent display at the Indianapolis Motor Speedway Museum. To give the winner and team owners a personal keepsake of their victory, BorgWarner established the BorgWarner Championship Driver's Trophy™ (also known as the "Baby Borg") in 1988 and the BorgWarner Team Owner's Trophy™ in 1998. Both are sterling silver replicas of the Borg-Warner Trophy.

The Borg-Warner Trophy, BorgWarner Championship Driver's Trophy, and BorgWarner Championship Team Owner's Trophy are trademarks of BorgWarner Inc.

About INDYCAR

INDYCAR is the governing body of the IndyCar Series, the premier open-wheel racing series in North America; the Mazda Road to Indy presented by Cooper Tires development ladder, which includes Indy Lights presented by Cooper Tires, the Pro Mazda Championship presented by Cooper Tires and the Cooper Tires USF2000 Championship powered by Mazda; and the Battery Tender Global MX-5 Cup presented by BF Goodrich Tires. INDYCAR events are available to a worldwide audience through a variety of multimedia platforms, highlighted by long-term and broad-reaching partnerships with NBC Sports Group. INDYCAR is continually at the forefront of motorsports innovation with drivers, teams and tracks benefiting from safety and technological improvements such as the SAFER Barrier, SWEMS wheel and chassis component tethers, chassis enhancements, advanced aerodynamic bodywork kits, high-definition in-car cameras and E85 ethanol fuel.  

Statements in this press release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "initiative," "intends," "outlook," "plans," "potential," "project," "pursue," "seek," "should," "target," "when," "would," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: our dependence on automotive and truck production, both of which are highly cyclical; our reliance on major OEM customers; commodities availability and pricing; supply disruptions; fluctuations in interest rates and foreign currency exchange rates; availability of credit; our dependence on key management; our dependence on information systems; the uncertainty of the global economic environment; the outcome of existing or any future legal proceedings, including litigation with respect to various claims; and future changes in laws and regulations, including by way of example, tariffs, in the countries in which we operate, as well as other risks noted in reports that we file with the Securities and Exchange Commission, including the Risk Factors identified in our most recently filed Annual Report on Form 10-K/A. We do not undertake any obligation to update or announce publicly any updates to or revision to any of the forward-looking statements.

SOURCE BorgWarner