For now, bankruptcy won’t park General Motor Corp.’s long and successful involvement in auto racing. As the Detroit carmaker began retooling after filing for bankruptcy protection, a company spokesman said Monday he did not expect further cuts to GM Racing’s budget, which supports NASCAR, NHRA, ALMS and short-track racing activities around the country and adheres [...]

NASCAR driver Carl Long says he has lost his appeal of a 12-race suspension and penalty. The National Stock Car Racing Commission denied Long’s appeal at a hearing Tuesday, the driver said. The commission isolated Long’s suspension to the Sprint Cup Series, meaning he can find work in one of the sport’s lower levels. However, [...]

Team owner Richard Petty says the Chrysler bankruptcy has put cash flow from the manufacturer to the Richard Petty Motorsports organization he co-owns with George Gillett “in a holding pattern.” From the point of view of the Dodge Motorsports program, however, the commitment to racing is undiminished. “They’ve stopped everything,” Petty said in the garage [...]