Dana Corporation To Exit Craftsman Truck Series Team Sponsorship

Oct 15, 2001

       Six-Year Run Saw Team Grow from Rookie to Championship Contender

    TOLEDO, Ohio, Oct. 15 /PRNewswire/ -- Dana Corporation (NYSE: DCN)
announced today that it will not renew its co-sponsorship of a team
participating in the NASCAR Craftsman Truck Series upon the completion of the
2001 racing season.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    "Our six-year run has been a very rewarding experience," said Bill
Carroll, president of Dana's Automotive Systems Group.  "To participate in
growing a team from a beginner into a championship contender has been
tremendously satisfying to all members of the Dana Racing Team.  We've also
enjoyed working with Bobby Hamilton, Joe Ruttman, and the rest of the crew."
    Added Dana Motorsports Director Armedee Nadeau, "It's been a great ride.
We've found it very gratifying to watch the Dana Dodge become perhaps the most
recognizable - and certainly one of the most successful - trucks in this
series.  The support we have received on the track, from television audiences,
and most of all, from Dana people, has been outstanding."
    Dana has co-sponsored its Dana Dodge truck in the Craftsman Truck Series
since 1996.  The team grew from a fledgling operation into a challenger for
the current series championship.  After 22 of 24 events, driver Joe Ruttman is
in second position in the series standings, 97 points behind the current
    Dana's involvement in motorsports has served as a proving ground for many
of the company's highly engineered, performance products.  Dana driveshafts,
engine products, brake products, and filtration products are standard
equipment on many NASCAR Craftsman Truck Series, Winston Cup Series, and Busch
Series vehicles.
    Dana Corporation is one of the world's largest suppliers of components,
modules, and complete systems to global vehicle manufacturers and their
related aftermarkets.  Founded in 1904 and based in Toledo, Ohio, the company
operates some 300 major facilities in 34 countries and employs approximately
75,000 people.  The company reported sales of $12.3 billion in 2000.  Dana's
Internet address is http://www.dana.com .

SOURCE Dana Corporation

Web Site: http://www.dana.com

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