Here's the current release

CONCORD, NC (March 20, 2003) - Oil-Chem Research Corp. (Oil-Chem) and Speedway Motorsports, Inc. (SMI) announced today a resolution to their dispute with the Federal Trade Commission (FTC) concerning the advertising of zMAX Power System.

"We at Speedway Motorsports are very pleased that the staff of the Federal Trade Commission has specifically confirmed that Oil-Chem can continue to make the following claims in its advertising and promotion of zMAX," stated Marylaurel E. Wilks, vice president and general counsel of SMI.


zMAX soaks into metal,
zMAX reduces friction,
zMAX increases horsepower,
zMAX dissipates engine heat,
zMAX helps to improve or restore gas mileage and reduce emissions in older cars, by virtue of reducing engine deposits,
zMAX helps to maintain gas mileage and emissions in newer cars, by virtue of reducing engine deposits,
zMAX helps to reduce engine wear on engine valve-stems and guides and piston rings and skirts, by virtue of reducing engine deposits,
zMAX helps to extend engine life, by virtue of reducing engine deposits.

This confirmation is specified in an exchange of letters with the Division of Enforcement of the FTC. Oil-Chem's letter lists the tests and other documents that substantiate the zMAX claims (provided by Oil-Chem to the FTC during the litigation), and the FTC responded that no compliance action would be merited as a result of Oil-Chem making such claims.

Oil-Chem and SMI have not admitted any liability in this litigation. However, in order to avoid the significant expense and time involved in the litigation, the FTC, Oil-Chem and SMI have agreed to end the litigation by the signing of an order, which, in summary, states: (a) Oil-Chem and SMI do not admit any liability and continue to deny any liability; (b) The FTC has issued its compliance letter (which confirms that enforcement is not merited for the eight specified claims); (c) Oil-Chem and SMI will not make advertising claims which are not properly substantiated; and (d) Oil-Chem and SMI will offer a refund of up to $1 million, in the aggregate, to certain purchasers of zMAX, who bought zMAX before January 31, 2001. No refund will be offered to purchasers after that date. For more information visit zmax.com.

zMAX was developed in 1947 by Joe Lencki as Speedway Cocktail. Sold to the racing industry and car dealerships since it development, it has been marketed as zMAX since1989. AVBLEND, the zMAX formula for aviation, is FAA approved for all piston driven aircraft and has been available since 1980. In addition to company efforts to market zMAX through infomercial, zMAX is available at better auto parts stores including Advance Auto Parts, AutoZone, Checker, Kragen, Murray's Auto Parts, O'Reilly Auto Parts, PepBoys, Schuck's, Strauss Discount Auto, VIP as well as Target stores and BJ's Wholesale nationwide. zMAX became a part of Speedway Motorsports Inc in 1987.

Speedway Motorsports is a leading marketer and promoter of motorsports entertainment in the United States. The Company owns and operates the following premiere facilities: Atlanta Motor Speedway, Bristol Motor Speedway, Infineon Raceway, Las Vegas Motor Speedway, Lowe's Motor Speedway and Texas Motor Speedway. The Company provides souvenir merchandising services through its SMI Properties subsidiary, and manufactures and distributes smaller-scale, modified racing cars through its 600 Racing subsidiary. The Company also owns Performance Racing Network which broadcasts syndicated motorsports programming to more than 725 stations nationwide including XM Satellite and NASCAR.com, and Oil-Chem Research Corp., the manufacturer and distributor of zMAX. For more information, visit the Company's website at gospeedway.com.

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Roger
1983 300CD 246k sold
1998 C230 52k
1980 450SL 75k needs AC
1999 Subaru Outback Ltd 43k

This is not a correct statement. "Mineral oil" refers to oils that are derived from crude oil by normal distillation and catalyitic cracking processes. "Synthetic" oils have that name because they are derived from petrochemical feedstocks in a specialized chemical transformation process i.e. they are "synthesized".

Duke

You're right. I think I was having a senior moment - but I don't remember.

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Roger
1983 300CD 246k sold
1998 C230 52k
1980 450SL 75k needs AC
1999 Subaru Outback Ltd 43k

For those of you (us) that have warrantied MB's, be aware that adding any of those aftermarket additives to your oil will void your warranty.

Do as you wish, but be aware...

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John Shellenberg
1998 C230 "Black Betty" 240K

http://img31.exs.cx/img31/4050/tophat6.gif

Zmax: Its just Overpriced Mineral Oil, that's all it is.

That fact was stated by the FTC in its 1999/2001 investigation and lawsuit of the seller.

You can read about that at the FTC website. I read the whole FTC Complaint.

Talk about bringing up an old thread

You're preaching to the converted bro'. Zmax, Slick 50 and Duralube all suck. But there will always be people out there who want to do something "special" for their car even though they have no clue what to do, all they know is they spent a lot of money on this 4 wheel contraption and they want to treat it well...perfect opportunity for the above brands with their marketing to step in and make money.

I like the wax you can set on fire!

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2016 Corvette Stingray 2LT
1969 280SE
2023 Ram 1500
2007 Tiara 3200