UPDATE: BAM Racing has decided to skip the next two Sprint Cup races in Texas and Phoenix. Team co-owner Tony Morgenthau released the following statement about the decision:

Petty Enterprises lost the sponsor of its famed #43 car to Richard Childress Racing on Tuesday, but officials don’t expect the driver to follow. Robbie Loomis, the vice president for racing operations at Petty Enterprises, said the organization is in the final stages of negotiating a deal that would keep 2000 Sprint Cup champion Bobby [...]

Tony Stewart doesn’t think much of the job Goodyear is doing in NASCAR, and A.J. Foyt is no fan of Firestone’s performance in the Indy Racing League. Asked before Saturday night’s Gainsco Indy 300 what he thought of Stewart’s rant about Goodyear a few weeks ago after NASCAR’s Atlanta race, Foyt took aim at the [...]

DLP HDTV is expected to sign a contract extension through 2009 to continue as the primary sponsor of the #96 car. Roger Staubach and Troy Aikman became minority owners in Hall of Fame Racing, a Sprint Cup organization, when a group led by Jeff Moorad and Tom Garfinkel bought controlling interest late last season. Aikman [...]