I agree. "Most likely" is the best way to put it.
I dig finding these little gems.
I bought a "lot" of random billiard stuff years ago, cheap. Had some of these, some KU bumpers, and other cool stuff. The good stuff was in the background of fuzzy pictures, so I think others passed it over as junk. It pays to be patient and look at "junk" carefully. I bought a crap Ramin wood Chinese cue once because of the "junk" that came with it.
Yep, that's why I said more than likely. There are actually at least a couple other commercial tips that had the red pad. The Tweeten-made Triumph has a red pad, but it doesn't resemble the OP's tip as the Triumph had a much lighter tip area, and the cutouts on the fiber pad were much smaller. Also, there was the Tad tip. I don't know if Tad Kohara actually made it, or just had it made for him. It looked like a Champion, but much harder. I don't think they exist anymore.
Here's a bit of history for you. The original French man who made Champions and Crowns, tanned the tips by burying them in his backyard. Guess that was his method of vegetable tanning. That guy was different from the later Chandivert tips, which were nowhere near as good as the original Champions and Crowns.
Funny how tips have changed. In the 60s, 70s, most players used only a few kinds of tips. Champion or Le Pro. Some used Elk Master/Blue Diamond, which were largely the same. Today there must be at least 50 types of tips players go to.