ITT supplies its KONI® shock absorbers in GP2 and GP3

Twelve teams and 24 drivers in the GP2, as well as 24 drivers and ten teams in GP3 will use KONI®’s dampers and spares

Online PR News – 14-May-2010 – – ITT Corporation announced today that it will supply its KONI® shock absorbers as original equipment on all of the GP2 and GP3 race cars in 2010, with its race dampers 2612, 2812 and 2822 series. Twelve teams and 24 drivers in the GP2, as well as 24 drivers and ten teams in GP3 will use KONI®’s dampers and spares.

When the race car manufacturer Dallara was selected to design and produce the cars for GP2 in 2004, KONI® – as its preferred multi-year supplier – was asked for a suitable product: a new 4-way adjustable damper. New chassis were then developed for 2008 GP2 series and for the new GP3 series, born in 2009 as a GP2 runner-up: KONI always remained as the standard damper provider.

Frits Altorf, KONI®’s product manager for racing, said: “GP3 and GP2 will give young upcoming drivers a chance to further develop their driving skills and hopefully jump to the very top of motor racing: Formula 1. Many current Formula 1 racers already found their roots in these series and many will surely follow. All of them, therefore, got acquainted with racing KONI’s dampers, as these were selected as being the standard damper from the start. We are proud to supply such a preferred and well known product amongst the greatest race drivers ever.”

The product’s performance, especially in harsh conditions, and quality/performance price ratio, are the main reasons for KONI®’s presence in such challenging races. Eleven GP2 races and 9 GP3 races will be held between mid May and mid November, on 13 of the main European circuits.

About KONI
KONI is proud to be part of ITT Corporation’s Motion Technologies business, which develops, produces and sells brake pads and friction materials for private and public transportation markets, including the major vehicles’ manufacturing industries around the world. ITT Motion Technologies also makes high quality and performance hydraulic shock absorbers and suspension systems for passenger cars and race cars, heavy and light trucks, trailers, private and public transportation and industrial applications. www.ittmotiontechnologies.com

KONI is a leading brand shock absorber, with high quality and performance hydraulic shock absorbers and suspension systems for street and racing cars, heavy and light trucks, trailers, private and public transportation, and industrial applications.

The KONI brand has been present in motor sport for more than 50 years, especially for the development of shock absorbers. Just in Formula 1, more than 235 Grand Prix victories and 16 world championship titles were scored with KONI. www.koni.com

About ITT Corporation
ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company generated 2009 revenue of $10.9 billion. www.itt.com

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