Horizon Global to Sponsor 2016 Chevrolet Detroit Belle Isle Grand Prix

TROY, Mich.–(BUSINESS WIRE)–Horizon Global Corporation (NYSE: HZN), one of the world’s leading
manufacturers of branded towing and trailering equipment, announced
today that it will be partnering with the 2016 Chevrolet Detroit Belle
Isle Grand Prix on Friday, June 3 through Sunday, June 5, 2016 at Belle
Isle Park in Detroit, Michigan.

Horizon Global is sponsoring this event for the first time since
becoming a public company in July 2015. The three day world-class
automotive event will feature Horizon Global and TriMotive™, a division
of Horizon Global that supplies original equipment manufacturers, on
turn ten of the race track.

“Thank you to Quicken Loans and General Motors for sponsoring a prized
race in the City of Detroit with over 30 years of history. Our team is
energized by the opportunity to promote our brands and tell our story,
aligning customers, fans, audience members and partners on who we are
and why we are a global leader in branded towing and trailering
equipment,” says Mark Zeffiro, President and Chief Executive Officer of
Horizon Global Corporation.

The event will feature eight races over the three-day race weekend,
including the only doubleheader weekend on the Verizon IndyCar Series
schedule, the Chevrolet Dual in Detroit presented by Quicken Loans,
racing on Saturday and Sunday live on ABC and locally in Detroit on WXYZ
Channel 7. The exotic sports cars of the IMSA WeatherTech SportsCar
Championship race in the Chevrolet Sports Car Classic presented by the
Metro Detroit Chevy Dealers on Saturday afternoon live on FS1. Racing
all three days of the Grand Prix is the high-flying trucks of the SPEED
Energy Stadium SUPER Truck Series and returning after a 15-year hiatus
is the Trans Am Series with two invitational races on Saturday and
Sunday, the 3-Dimensional Services Group Motor City 100.

“We are excited to welcome Horizon Global on board as a sponsor of the
Chevrolet Detroit Belle Isle Grand Prix,” said Michael Montri, General
Manager of the Grand Prix. “As a top, locally-based automotive company
that has established itself as industry leaders, Horizon Global
Corporation makes a perfect partner for our event and we look forward to
building our relationship in 2016.”

Over 100,000 fans are expected to attend the event this year, which has
been hosted on Belle Isle for the past seven years and attracts national
media attention and coverage. For more information on the Grand Prix,
visit www.DetroitGP.com.

“We immediately knew our company needed to be part of the excitement
surrounding the Chevrolet Detroit Belle Isle Grand Prix. The non-profit
organization has made a tremendous effort to make the park a safer,
environmentally-friendly destination for the metro-Detroit community. We
are expecting many racing fans across the globe to share the Belle Isle
experience with us during the first weekend in June,” said Zeffiro.

About Horizon Global

Headquartered in Troy, Michigan, Horizon Global Corporation (NYSE: HZN)
is a leading designer, manufacturer and distributor of industry leading
high-quality, custom-engineered towing, trailering, cargo management and
related accessory products for original equipment, aftermarket and
retail channel customers on a global basis. Our mission is to utilize
forward-thinking technology to develop and deliver best-in-class
products for our customers, engage with our employees and realize value
creation for our shareholders. For more information, please visit www.horizonglobal.com.

About the Chevrolet Detroit Belle Isle Grand
Prix

The Chevrolet Detroit Belle Isle Grand Prix is a 501(c)3 organization
and a subsidiary of the Downtown Detroit Partnership. Scheduled for June
3-5, 2016, the event will include the Chevrolet Dual in Detroit
presented by Quicken Loans featuring the cars of the Verizon IndyCar
Series, the Chevrolet Sports Car Classic presented by the Metro Detroit
Chevy Dealers with the sports cars of the IMSA WeatherTech SportsCar
Championship, the high-flying trucks of the SPEED Energy Stadium SUPER
Trucks presented by Traxxas and the return of the Trans Am Series in the
Motor City 100. Partners for the 2016 Grand Prix include General Motors,
Quicken Loans and MotorCity Casino Hotel. For more information, visit www.DetroitGP.com
and follow our social media pages at www.facebook.com/detroitgp,
www.twitter.com/detroitgp
and www.instagram.com/detroitgp.

Contacts

Horizon Global Corporation
Maria C. Duey
Vice President,
Corporate Development & Investor Relations
(248) 593-8810
mduey@horizonglobal.com

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