Nexteer Automotive Partners with Richard Childress Racing for 2016 NASCAR Season

WELCOME, N.C. (January 21, 2016) – Nexteer Automotive joins Richard Childress Racing’s family of leading-edge companies in 2016 with a partnership that positions the global leader in intuitive motion control with the 47-year-old NASCAR organization in both the NASCAR Sprint Cup Series and the NASCAR XFINITY Series.

“Nexteer has been part of NASCAR competition for many years. Our base hydraulic steering systems that have made production vehicles safe and fun to drive are also used in the Sprint Cup and XFINITY Series,” said Luis Canales, Nexteer director of corporate affairs. “Nexteer’s and RCR’s shared history of innovation and reliability is a perfect fit. The Nexteer team looks forward to expanding our role in the thrilling world of NASCAR to grow our brand and engagement with our global customers and employees.”

The multi-billion dollar Tier 1 automotive supplier will serve as a primary partner on the No. 33 Chevrolet driven by Rookie of the Year contender Brandon Jones in the XFINITY Series for select races in 2016. Nexteer will serve as a major associate partner on the No. 33 Chevrolet for the remainder of the races.

Nexteer will also have a presence in the NASCAR Sprint Cup Series as a major associate partner for select races with Ty Dillon.

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“We appreciate that Nexteer Automotive’s focus on investing in R&D, product development and growth aligns with RCR’s similarly focused engineering and technological mindset,” said Torrey Galida, president of Richard Childress Racing. “We are honored to be able to provide a global automotive leader in Nexteer a platform to showcase their strong technological innovation and connect with their customers.”

Nexteer is currently leveraging its broad electric power steering portfolio, patented driver assistance technology and deep vehicle integration knowledge to enhance the driver user-experience in a world with autonomous vehicles.

For additional information on today’s announcement, and all that’s happening at RCR, please visit rcrracing.com.

About Nexteer Automotive:

Nexteer Automotive – A Leader in Intuitive Motion Control – is a multi-billion dollar global steering and driveline business delivering driver-assistand autonomous driving technologies, electric and hydraulic steering systems, steering columns and driveline products for original equipment manufacturers. The company’s global workforce of 12,000 serves more than 50 customers in every major region of the world. The company has 21 manufacturing plants, five regional engineering centers and ten customer service centers strategically located in North and South America, Europe and Asia. Nexteer Automotive’s customers include BMW, Fiat Chrysler, Ford, GM, PSA Peugeot Citroen, Toyota, and VW, as well as automakers in India and China. www.nexteer.com

About Richard Childress Racing:

Richard Childress Racing (rcrracing.com) is a renowned, performance-driven racing, marketing and manufacturing organization. RCR has earned more than 200 victories and 15 championships, including six in the NASCAR Sprint Cup Series with the legendary Dale Earnhardt. RCR was the first organization to win championships in the Sprint Cup Series, NASCAR XFINITY Series and NASCAR Camping World Truck Series. Its 2016 Sprint Cup Series lineup includes two-time NASCAR champion Austin Dillon (No. 3 Dow/American Ethanol/Cheerios Chevrolet), 2011 Brickyard 400 champion Paul Menard (No. 27 Menards Chevrolet) and 2008 Daytona 500 champion and 2013 Brickyard 400 winner Ryan Newman (No. 31 Caterpillar/ WIX Filters/Grainger Chevrolet). Its XFINITY Series program includes a multi-driver lineup with Austin Dillon and Paul Menard (No. 2 Rheem/Menards Chevrolet), 2012 Camping World Truck Series Rookie of the Year Ty Dillon (No. 3 Bass Pro Shops/Rheem/WESCO/Red Kap Chevrolet), Rookie of the Year contender Brandon Jones (No. 33 Menards/Nexteer Chevrolet) and Brendan Gaughan (No. 62 South Point Hotel & Casino/WIX Filters Chevrolet).

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