Champion is a longtime sponsor of various racing events, cars, and series including two series run under sanctioning by IMSA.

Albert Champion Company was founded by Albert Champion in June 1905 in Boston's South End, in the landmark Cyclorama Building, to import French electrical parts, including Nieuport components. Champion presided as president of the Albert Champion Company with partners Frank D. Stranahan as treasurer and younger brother Spencer Stranahan as a clerk. By 1907, The Albert Champion Company was manufacturing porcelain spark plugs with the name Champion stamped on the side, Robert Stranahan, the youngest of the Stranahan brothers, finished his classes at Harvard, ahead of his class of 1908, and went to work in the stockroom.

Champion was not happy in his job because he had no control over his work. In 1908, he went to see William C. Durant of the Buick Motor Co. Durant asked to see some of his prototypes. Buick at that time was using Rajah spark plugs. Durant thought they could manufacture spark plugs to Champion's design cheaper than buying them from Rajah, and set Champion up in a workshop in Flint, Michigan. Champion went to work producing spark plugs to be used in Buick automobiles.

In 1910, the company moved to Toledo, Ohio to be close to the Willys-Overland Auto Company.

In 1931, Champion introduced its first suppressor-type spark plugs. It used a carbon-based resistor to reduce the effects of ignition noise on radio waves.

On February 13, 1961, two geode prospectors discovered a metal artifact encased in hard clay near the town of Olancha, California. The artifact was dubbed "Coso artifact" due to alleged claims that there were fossils in the clay that were 500,000 years old, which would make the item an out-of-place artifact. The object turned out to be a Champion spark plug from the 1920s.

In 1989, Champion was purchased by Cooper Industries and is now a wholly owned brand of Federal-Mogul Corporation. Its main products are a line of spark plugs for a wide range of cars, trucks, SUVs, racing, and marine applications. Also included in the brand, depending on the regional market and brand history, are spark plug wires, wiper blades, batteries, oil filters, lighting, and glow plugs.