Autoracing1.com is reporting that Graham Rahal, the 17 year old son of 3-Time Champ Car Champion Bobby Rahal is on tap to drive for Newman Haas Racing in the Champ Car World Series in 2007.

“It’s a fabulous opportunity for Graham because Newman/Haas is one of the best in the business,” said the three-time CART champion and former CART CEO prior to Sunday’s Atlantic race where Graham finished second. “What could be better for a young driver?”

Haas, who met several times over the weekend with Rahal and Champ Car co-owner Kevin Kalkhoven, acknowledged the wheels were turning to make it happen. “Right now we’re just talking about it,” he said. “But that kid is pretty damn good isn’t he?”

Would Newman/Haas expand to a three car team, or could Rahal replace Bourdais or Junqueira? Bourdais has expressed interest in F1 but doesn’t appear to have anything signed yet while Bruno Junqueira is believed to be on a one-year contract.

Rahal has asked Argent if they would sponsor Rahal in Champ Car according to Miller. That combined with the $2 million if he wins the Atlantic Championship would go a long way toward a fully funded effort.

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