Archive for July 7th, 2008

Tony Stewart is expected to announce a 2009 move to Haas-CNC Racing at Indianapolis Motor Speedway in three weeks. Reliable sources tell Sirius Speedway that Stewart will also announce sponsorship from Office Depot and Old Spice as part of a new, multi-year package with Haas CNC, and that Penske Racing’s Ryan Newman will join him [...]

It appears to be a two-man race for Ryan Newman’s soon-to-be-vacant seat at Penske Racing, with Casey Mears and David Stremme in the running.

With 71 employees already in the unemployment line, Chip Ganassi Racing is looking to cut another 30 jobs from its stock-car operations, several current employees said Saturday. The team shut down the No. 40 Dodge earlier this week after it wasn’t able to find a sponsor for driver Dario Franchitti. With that came layoffs, [...]

The impact of the sluggish U.S. economy appears to be hitting NASCAR directly. Only 45 teams attempted to qualify for last night’s Coke Zero 400, and that has some here worried about how many teams might be lining up to run for next February’s Daytona 500.