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	<title>Alex Meshkin&#187; Search Results    IRL</title>
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		<title>Survival of the Fittest? – NASCAR Teams Look to Consolidation</title>
		<link>http://alexmeshkin.com/2008/09/17/survival-of-the-fittest-nascar-teams-look-to-consolidation/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=survival-of-the-fittest-nascar-teams-look-to-consolidation</link>
		<comments>http://alexmeshkin.com/2008/09/17/survival-of-the-fittest-nascar-teams-look-to-consolidation/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 02:46:20 +0000</pubDate>
		<dc:creator>Alex Meshkin</dc:creator>
				<category><![CDATA[NASCAR]]></category>

		<guid isPermaLink="false">http://174.120.149.92/~qcast/alexandermeshkin.com/?p=198</guid>
		<description><![CDATA[The global credit crisis may be slowing the M&#38;A markets of Corporate America, however, mergers and acquisitions remain all the buzz in NASCAR. Back in July, I wrote Team Consolidation on the Horizon and it appears more likely than ever ...]]></description>
			<content:encoded><![CDATA[<p>The global credit crisis may be slowing the M&amp;A markets of Corporate America, however, mergers and acquisitions remain all the buzz in NASCAR. Back in July, I wrote Team Consolidation on the Horizon and it appears more likely than ever that Michael Waltrip Racing (MWR) led by Robert Kauffman will acquire Chip Ganassi Racing.</p>
<p>Additionally, speculation is running rampant – Gillette Evernham Motorsports (GEM) will acquire Bill Davis Racing (BDR). With BDR having yet to secure a replacement for Caterpillar for the #22 Toyota Camry, the value proposition of the proposed acquisition appears to be strictly around the coveted partnership with Toyota Motorsports and BDR’s ownership in Triad Racing Development. So it appears that if both transactions are completed; and Gillette changes from Dodge to Toyota – Dodge Motorsports will be left with just Penske Racing and Richard Petty Racing. Furthermore, I suspect at the root of Gillette’s motivation to acquire BDR is the reality that Dodge is looking to leave NASCAR all together. As my readers know, earlier this month Dodge announced their plans to leave the NASCAR Truck Series and with the founding Dodge Sprint Cup Team (Evernham) possibly joining the Toyota camp through the BDR acquisition – I think this will be most definitive indication that Dodge is saying “bye bye” to NASCAR.</p>
<p>It’s rather apparent, that in 2009 the pit lane of the NASCAR Sprint Cup series will be dominated and owned by just a few organizations. One must wonder – will NASCAR reverse their policy to limit teams to just 4 cars? – Because in 2010, Roush Fenway Racing will be required to “sell” one of their teams which is expected to be transferred to Yates Racing. However, NASCAR may reverse or postpone plans to prevent any additional sponsorship deflections.</p>
<p>With primary sponsors becoming increasingly elusive and operating costs continuing to soar, the benefits of team consolidation may be the only way for the NASCAR teams to have a fighting chance of survival. The fact is clear: The economies of scale and integrated marketing advantages are vital to remaining competitive on the track and attractive to the few remaining potential sponsors.</p>
<p>Is there any hope for NASCAR’s future? Yes, but not without some major changes and “redistribution of wealth”. NASCAR’s unfair revenue model and overall lack of innovation are the primary contributing causes to the sponsorship crisis for race teams. NASCAR needs to immediately revise the distribution of TV revenues to fairly compensate the race teams – or face the reality that the life expectancy of many NASCAR race teams are limited at best and more teams will continue to close their doors.</p>

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		<title>Crown Royal to Cheerios?</title>
		<link>http://alexmeshkin.com/2008/07/25/crown-royal-to-cheerios/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=crown-royal-to-cheerios</link>
		<comments>http://alexmeshkin.com/2008/07/25/crown-royal-to-cheerios/#comments</comments>
		<pubDate>Fri, 25 Jul 2008 22:35:45 +0000</pubDate>
		<dc:creator>Alex Meshkin</dc:creator>
				<category><![CDATA[NASCAR]]></category>

		<guid isPermaLink="false">http://174.120.149.92/~qcast/alexandermeshkin.com/?p=103</guid>
		<description><![CDATA[Rumors are swirling that Jamie McMurray, currently the driver of Roush Fenway Racing’s #26 Crown Royal/Irwin Tools Ford, will be the driver of Richard Childress Racing’s 4th team, to be sponsored by Cheerios/General Mills. Could this be a sign that ...]]></description>
			<content:encoded><![CDATA[<p>Rumors are swirling that Jamie McMurray, currently the driver of Roush Fenway Racing’s #26 Crown Royal/Irwin Tools Ford, will be the driver of Richard Childress Racing’s 4th team, to be sponsored by Cheerios/General Mills.</p>
<p>Could this be a sign that Roush Fenway Racing is unable to secure a replacement sponsor for the American Automotive Association (AAA); and perhaps plans to accelerate its mandatory downsizing one year earlier?</p>
<p>On the other hand, it’s no secret that both Jamie McMurray and Jack Roush are extremely disappointed by their performances and both would welcome a change. However, with the enhanced marketing competition from Stewart Haas Racing, it’s unlikely that Roush Fenway will find a suitable replacement for the AAA and will be forced to move David Regan into the Crown Royal/Irwin Tools Ford.</p>
<p>As NASCAR Silly Season comes to a peak at the end of August, expect more announcements on the future plans of Ryan Newman, Martin Truex Jr., Casey Mears and Jamie McMurray.</p>

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		<title>Cost-Cutting at GM Racing – NASCAR a Branding Problem?</title>
		<link>http://alexmeshkin.com/2008/07/16/cost-cutting-at-gm-racing-nascar-a-branding-problem/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=cost-cutting-at-gm-racing-nascar-a-branding-problem</link>
		<comments>http://alexmeshkin.com/2008/07/16/cost-cutting-at-gm-racing-nascar-a-branding-problem/#comments</comments>
		<pubDate>Wed, 16 Jul 2008 22:13:26 +0000</pubDate>
		<dc:creator>Alex Meshkin</dc:creator>
				<category><![CDATA[NASCAR]]></category>

		<guid isPermaLink="false">http://174.120.149.92/~qcast/alexandermeshkin.com/?p=88</guid>
		<description><![CDATA[The day is fast approaching when the automotive manufacturers are going to reign in their motorsports budgets to reflect the current state of the automotive industry. The fundamental issue with NASCAR as a branding tool for the car companies is ...]]></description>
			<content:encoded><![CDATA[<p>The day is fast approaching when the automotive manufacturers are going to reign in their motorsports budgets to reflect the current state of the automotive industry. The fundamental issue with NASCAR as a branding tool for the car companies is that it fails to demonstrate the future product portfolio and demands for “green” vehicles.</p>
<p>Even though financial uncertainty for the Big 3 car companies is really nothing new – surging fuel prices have disproportionally affected the U.S. carmakers vs. their foreign counterparts. This is because of their reliance on profits from the sale of light-trucks and SUVs. In May, GM saw a 37% decline in light truck and SUV sales; and subsequently its share of the overall U.S. market dropped below 20%, a new low for the automotive giant that in 1980 had 45% of the U.S. market.</p>
<p>Over the past couple of years, as the trends of high fuel prices and the decrease in light truck and SUV sales became a reality – NASCAR adopted rules and policies to further alienate the automotive manufacturers from the sport. Instead of embracing alternative energy branding or a “green” platform – the recent implementation Car of Tomorrow (COT) – is nothing more than an antiquated “led sled” and continues a branding platform that labels the U.S. carmakers as gas guzzlers.</p>
<p>Some may ask, but isn’t racing and “green” technology or fuel efficiency an immediate dichotomy? The simple answer is NO – at least it doesn’t need to be.<br />
I am the last person to believe that Ethanol fuel is the answer to our energy crisis or believe it will be the long-term solution for consumers and carmakers alike. However; one must recognize the success of Honda and their racing program in the Indy Racing League (IRL) – the IndyCar Series.</p>
<p>Back in 2006, the Indy Racing League (IRL) and IndyCar Series adopted the use of Ethanol fuel instead of traditional gasoline to provide Honda (their sole engine provider and automotive manufacturer) a marketing platform to appeal to the growing consumer demographic interested in alternative energy sources and “green” technology. When you compare recent sales results of Honda versus GM, Ford, Chrysler and Toyota – you must see the correlation between their brand positioning and the motorsports platform of the IndyCar Series. As of May 2008, Honda is now selling more cars than Chrysler.</p>
<p>Last week, GM racing director Mark Kent said that every level of motorsports that GM supports-from the giant stock-car racing series NASCAR to the grassroots Sports Car Club of America-is being evaluated. “Racing is not exempt (from cuts),” Kent said last week. Troy Clarke, president of GM North America, added: Motorsports “have not gone without scrutiny. I’m not going to get into specifics about NASCAR. But there will be modifications-changes in our marketing footprint-in this area.”</p>
<p>You must wonder – why is NASCAR asleep at the wheel? Over the past decade, NASCAR has developed a phenomenal market platform for all types of companies – but without the financial and marketing support of the carmakers – NASCAR teams can’t afford to operate.</p>
<p>The time is now for NASCAR to embrace tomorrow’s future – alternative energy and fuel efficiency branding is required for the long-term viability of the sport as a marketing platform for the automotive manufacturers.</p>

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		<title>The Reality of an IndyCar Champion</title>
		<link>http://alexmeshkin.com/2008/07/04/the-reality-of-an-indycar-champion/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=the-reality-of-an-indycar-champion</link>
		<comments>http://alexmeshkin.com/2008/07/04/the-reality-of-an-indycar-champion/#comments</comments>
		<pubDate>Fri, 04 Jul 2008 21:58:09 +0000</pubDate>
		<dc:creator>Alex Meshkin</dc:creator>
				<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[IndyCar]]></category>

		<guid isPermaLink="false">http://174.120.149.92/~qcast/alexandermeshkin.com/?p=75</guid>
		<description><![CDATA[2007 Indy 500 Champion – Check, 2007 IndyCar Championship – Check, Superstar Actress Wife &#8211; Check, NASCAR Sponsor – Only in his Dreams. In 2007 Dario Franchitti was one of the most accomplished drivers in American motorsports. When he moved from ...]]></description>
			<content:encoded><![CDATA[<p>2007 Indy 500 Champion – Check, 2007 IndyCar Championship – Check, Superstar Actress Wife &#8211; Check, NASCAR Sponsor – <strong>Only in his Dreams</strong>.</p>
<p>In 2007 Dario Franchitti was one of the most accomplished drivers in American motorsports. When he moved from IndyCar (IRL) to NASCAR in 2008 he was full of hopes and dreams for an exciting future – and yet now he finds himself without a “ride” in 2008. What is happening in NASCAR? For Dario Franchitti, he isn’t sure what his future holds, but the former open-wheel star said Wednesday he’d like to remain in NASCAR.</p>
<p>It is not surprising, when viewing NASCAR and the economic climate today, that Dario Franchitti lost his ride when team owner Chip Ganassi closed down the unsponsored No. 40 Dodge – with 17 races into Dario’s first season in NASCAR.<br />
But there is more in the making of this decision and the announcement really doesn’t surprise me – you have a team whose performance has been downright awful, a rookie driver struggling to adapt to a new form of racing, mass inflation in an already expensive business and serious downward pressure on the U.S. economy – specifically corporate advertising budgets. This is a wicked mixture for more future shakeups in the financially changed business model of team ownership in NASCAR.</p>
<p>The only question in my mind is when will there be a similar announcement from the Yates Racing organization. I can’t image that the Ford Motor Company will continue to fund the operations of a sponsor-less team; regardless of the fact that their performance has been promising.</p>
<p>More dark days are ahead for the NASCAR economy; rising gas prices and overall inflation are just the beginning – soon to come are significant effects of poor race attendance and souvenir sales. Since NASCAR Corp. is mostly focused on protecting the bottom line of their sister company – International Speedway Corp (ISC) – I would image there will be no relief in sight for the fledging racing teams – which are truly the heart and soul of NASCAR.</p>

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		<title>Danica’s Victory – Watershed Moment for IndyCar?</title>
		<link>http://alexmeshkin.com/2008/04/25/danicas-victory-watershed-moment-for-indycar/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=danicas-victory-watershed-moment-for-indycar</link>
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		<pubDate>Fri, 25 Apr 2008 21:29:25 +0000</pubDate>
		<dc:creator>Alex Meshkin</dc:creator>
				<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[IndyCar]]></category>

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		<description><![CDATA[During NASCAR’s off week, IndyCar stole the media headlines thanks to Danica Patrick winning her first race to become the first woman to win in open-wheel racing history. A few days ago, Danica was interviewed by Fox News and discussed ...]]></description>
			<content:encoded><![CDATA[<p>During NASCAR’s off week, IndyCar stole the media headlines thanks to Danica Patrick winning her first race to become the first woman to win in open-wheel racing history. A few days ago, Danica was interviewed by Fox News and discussed her history making performance. While some may argue that her victory was a result of strategy and not performance – at the end of the day – the end result was a victory. This historic win will never be erased and will catapult IndyCar’s reemergence.</p>
<p>This recent ground breaking victory brought back many good memories of my own personal story in NASCAR and our team’s historic moments which were featured in interviews in 2004 on Fox News. Without a doubt, the marketing savvy of IndyCar to leverage historic racing moments, has become quite evident in recent days. In contrast and in comparison, after delivering Toyota’s first historic NASCAR victory I was the first NASCAR team owner ever to be interviewed on Fox News. As the youngest team owner in NASCAR history the media was mesmerized, not only with my young age; but with our historic and record-breaking year in NASCAR. However, unlike the IRL (IndyCar), who is leveraging Danica’s historic moment in history – and is utilizing this moment to bring in new sponsors into the sport to reach new demographic markets – not surprisingly, NASCAR failed to leverage their moment.</p>
<p>But only time will tell if Danica’s historical victory will be the “watershed event’ that reignites IndyCar as a true corporate sponsorship alternative for NASCAR.</p>

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		<title>Toyota’s 1st NASCAR Victory – Bang Racing</title>
		<link>http://alexmeshkin.com/2008/02/17/historic-toyota-victory-bang-racing/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=historic-toyota-victory-bang-racing</link>
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		<pubDate>Sun, 17 Feb 2008 21:22:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Bang Racing]]></category>

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		<description><![CDATA[Brooklyn, M.I., Aug. 1, 2004 – Travis Kvapil stepped into his sponsor’s suite at Michigan International Speedway on Friday and with his usual, quiet candor asked a foretelling question as he was drawn to the brightly-colored yellow and black Line-X ...]]></description>
			<content:encoded><![CDATA[<p>Brooklyn, M.I., Aug. 1, 2004 – Travis Kvapil stepped into his sponsor’s suite at Michigan International Speedway on Friday and with his usual, quiet candor asked a foretelling question as he was drawn to the brightly-colored yellow and black Line-X logo decorating the infield grass just outside the window.</p>
<p>“If I win tomorrow, I’m going to run through the grass and spin out across that logo but only if that’s ‘OK’ with everyone here,” he asked. Call it fate with a little bit of luck, but just don’t call it happenstance. Kvapil was on a mission to keep that promise and did. After capturing the checkered flag, he wheeled the No. 24 Line-X Tundra into the infield as a victorious nod to the jubilant yellow Line-X shirts lining the roof of their suite.</p>
<p>The historic victory was one of many firsts: the first checkered of the season for the 2003 NASCAR Craftsman Truck Series Champion, the inaugural win for first-year team, Bang Racing, and an achievement that etched a place in the history books for <a href="http://alexmeshkin.com/2008/02/17/historic-toyota-victory-bang-racing/#" target="_blank">Toyota</a> as the championship manufacturer continues its winning <a href="http://alexmeshkin.com/2008/02/17/historic-toyota-victory-bang-racing/#" target="_blank">legacy</a> in NASCAR.</p>
<p>“This is huge.what a day!” Kvapil exclaimed. “Toyota gave me some great horsepower again. I screwed up yesterday and drove my truck into the wall off turn 2 after only getting five or six practice laps. Then we broke a motor and had to start in the back. I really have to thank crew chief John Monsam, Mike Skinner and the 42 crew for helping us out with all their notes. They had a fast, fast race truck in happy hour yesterday, and we were able to look at their notes and go a little bit more in their direction from where we were and tune on our truck for the race. So we relied a lot on my teammate and his setup.”</p>
<p>The win marks the second time Kvapil and Bang Racing have made history and helped Toyota to the forefront of acclaim after an impressive out-of-the-box display at Daytona International Speedway earlier this season. Kvapil drove Bang Racing and the No. 24 Line-X Tundra into the NASCAR Craftsman Truck Series history books by breaking the highest finish for a new team at Daytona, previously held by Kenny Martin who finished fifth at the Speedway in 2000, clinched the highest qualifying position (third) for the new manufacturer and led the first lap on Lap 8 for the Toyota Motorsports contingent.</p>
<p>“We went to Daytona and didn’t really think we had a shot at the win – and we finished second,” Kvapil said. “It seems like it’s been so long since then. To be able to pull it off here with Line-X sponsoring my truck and the event is just awesome. We’ve been trying so hard all year. For Bang Racing and Toyota to put the total package together in the other manufacturers’ backyard is pretty special.” Kvapil battled against the odds from the back of the pack and another grazing off the turn 4 wall as the initial laps ticked down. From the wave of the green flag, racing action looked more like Daytona as Kvapil worked the advantage of the draft and quickly knocked off 15 spots in 20 laps at the two-mile venue despite loose conditions.</p>
<p>“The draft definitely played in my favor at times,” Kvapil said. “I’d be back a little ways and I’d just fit in and catch the next group. Then I’d pass some more and draft up behind the next group. But it played against me a couple of times, too. I’d try to make passes down on the bottom, and it seemed like everyone wanted to lay-up on the outside. If I had any help, I could make some passes but everyone wanted to stay in line. It was just like Daytona – if you had someone to go with you, you could make your way to the front. But during the last 20 laps of the race, my truck was strong enough to do it on my own.”</p>
<p>Following the first caution flag for debris and a quick pit stop for air pressure, track bar and wedge adjustments to tighten up his ride, Kvapil exited pit road just outside the top-10. As teammate Mike Skinner took the lead mid-way through the 100-lap event, the reigning champ had worked his way into 10th and waited for his green flag pit stop. Then fate stepped in. Kvapil pulled the wheel from heading down pit road for a green flag stop in seventh place as NASCAR called the fourth of seven caution flags for debris. After the crew feverishly changed all four tires taking air pressure out of each and added two cans of fuel, the No. 24 team gained four spots as an ecstatic crew watched Kvapil fall in line behind teammate Mike Skinner. The pair sailed past race leader Bobby Hamilton on lap 77 until yet another caution on lap 81 for Kelly Sutton’s spin in turn 2. When racing action resumed three laps later, Kvapil drove past Skinner and never looked back despite two additional yellows and the race finale ending under caution. “I knew if I ever got to the lead and out in clean air, I could get to the front fast,” he said. “Clean air is so big at Michigan. You’ve got all the downforce on the truck working for you. I thought I had a good enough truck that I could drive away from them, and that’s exactly what happened. It was a great feeling to look in the mirror and see that I was pulling away.”</p>
<p>“Eric [Phillips] and everyone on my team did a great job and gave me tremendous pit stops today,” he said. “They picked up three and four spots every time I pitted and made perfect adjustments on the truck. Earlier in the race, I was able to drive up to about 10th or 15th fairly easily, but once I got to those trucks they were pretty good and it was hard to pass. My truck was just too loose. We really had to work on our truck pretty hard to get it to where I was that fast. The draft was a big equalizer, too. There were some guys that probably don’t have the horsepower that Toyota has under the hood, and they were able to keep up. But I had a good horse under the hood. The last 20 laps were the best laps I had all weekend. I was just riding around wide-open. And Mike and I worked together really well at the end. I thought it was going to be a one-two, but it was pretty darn close.” Kvapil’s joy ride couldn’t have come at a better momentum-boosting time mid-way through the season.</p>
<p>“I expected it a little earlier than 13 weeks into the season to be honest,” Kvapil said. “I knew my owner, Alex Meshkin, had put together a tremendous group of people. With Toyota behind us giving us all the tools we need to go to the race track to run well – I know I’ve got great bodies, I know I’ve got great engines and I know Alex has got the best pieces bolted on the truck that we can buy. I’ve got Eric and Brad [Whaley], a great engineer, and now John’s on board as the new 42 crew chief. We’ve got a good group of people that really work together and communicate well, and I think that’s what the key was to our weekend. We finally put the whole package together. We tested last week in Nashville, and it was a huge turn around for our team. Since testing there, we brought a completely different truck with a totally different setup to Michigan, and Toyota providing us with that testing time and giving us that opportunity to get on the track was a key in my victory.”</p>
<p>As the youngest team owner in NASCAR to reach victory lane, 24-year-old Meshkin’s laurels were all the more sweet as both drivers finished inside the top-three after a roller coaster month of average finishes and changes within the organization. “For the past couple of weeks, I’ve taken more hands-on control of the team making changes to help the two teams become stronger and bring them together,” Meshkin said.</p>
<p>“I think we’ve accomplished that. Thanks to the hiring of our new crew chief on the 42 team, John has helped further solidify our team. Our track performance today, Mike having the best happy hour yesterday, two top-five finishes in which either of our trucks could’ve won and to have Travis win his sponsor’s race, it just can’t get any better than this. It’s an honor to be able to deliver Toyota their first win. To have Travis in victory lane – nothing could be more special.”</p>
<p>“I’m just really proud of the teamwork from the 24 and 42 crews working together to change the motor after we hit the wall in happy hour,” Phillips said. “Everyone put in so much effort and hard work to get us to the front, and I had all the confidence in the new Toyota engine we put in our Line-X truck. Our team has had the Michigan race circled on the calendar since Daytona and really wanted to win for Line-X and for Toyota in the big-three manufacturers’ backyard. To go up there and run really well with both teams just shows how good our race team really is. Our momentum keeps getting stronger which is so important since we’re just getting into the middle part of the race season.” “One of the biggest positives of our team’s win is an answer to a lot of the doubts over the past month about our race team and where we’re headed and what we’re doing,” Phillips said.</p>
<p>“There have been a lot of changes, and I still believe all of the changes are for the best for Bang Racing and its future. I’m really proud of the guys standing behind me and this race team through all of it. I think running one and two at the end of the race just shows how strong this race team can be when we work together. The communication with John has been really great, and I know we will work well together the rest of the year to continue down a successful path.” From victory lane and a momentous time in motorsports history, it’s hard to imagine less than 10 months ago Bang Racing didn’t even own a hammer. “I remember last fall when we didn’t have any employees or a race shop,” Kvapil said.</p>
<p>“We have done a lot in a very short time. And we just keep getting stronger and stronger. I’ve been saying for the last couple of weeks, the second half of the year is when Bang Racing is going to come on strong. We’ve been testing all this time, and the engines are getting better under the hood. Now that we’ve been to a lot of these race tracks once and know exactly what to bring for setups, we’ll start climbing our way to the top. We still definitely have a shot at the championship. Our team hasn’t given up and is looking for some more victories.” As Kvapil pulled away from the field during the last laps of the race, his crew and the Line-X employees weren’t the only ones acting as a cheering squad. Little known to anyone else, Kvapil himself acted as a cheerleader for his team before the race had even begun. “I told my crew the last time I wrecked my truck in practice, I won in Texas a couple of years ago,” Kvapil smiled. “And we’ve seen Carl Edwards change his motor a couple of times and come from the back to the front to win. So, this wasn’t going to be all bad. I knew if there was a place that I had to drive from the back to try for the win, Michigan was going to be one of the easiest places to do it. I’m just proud to be the driver to bring home Toyota’s first NASCAR victory.”</p>

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		<title>Toyota and Chevy Truck teams announced for 2004</title>
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		<pubDate>Sun, 17 Feb 2008 21:04:40 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Bang Racing]]></category>

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		<description><![CDATA[HOMESTEAD, Fla. (AP) — Toyota officially became part of NASCAR’s Craftsman Truck series on Friday, announcing agreements with four teams for the 2004 season. Bill Davis Racing, Innovative Motorsports Inc., Waltrip Racing Inc. and Bang Racing, all new to the ...]]></description>
			<content:encoded><![CDATA[<p>HOMESTEAD, Fla. (AP) — Toyota officially became part of NASCAR’s Craftsman Truck series on Friday, announcing agreements with four teams for the 2004 season.</p>
<p>Bill Davis Racing, Innovative Motorsports Inc., Waltrip Racing Inc. and Bang Racing, all new to the series, will field Toyota Tundra trucks in the season-opening event Feb. 13 at Daytona International Speedway.</p>
<p>Davis will bring 18-year-old Shelby Howard to the truck series, while Robert Huffman and Hank Parker Jr. will drive for George deBidart’s Innovative Motorsports.</p>
<p>Darrell Waltrip, a three-time Winston Cup champion who is now a TV analyst, has hired David Reutimann as his driver and will get behind the wheel of a second entry for two or three events in 2004.</p>
<p>The new Bang Racing team, co-owned by Larry McReynolds, former Cup crew chief and now also a TV analyst, and Alex Meshkin, has hired 1995 truck series champion Mike Skinner and is expected to run a second entry for new series champion Travis Kvapil.</p>
<p>Davis also will work with Toyota Racing Development in building the race trucks and V8 engines for all four teams.</p>
<p>“What I’ve seen Toyota accomplish in such a short time in the IRL series, and the support they have given those teams … there’s no question that their intentions and goals are the same as they head toward the truck series in 2004,” said McReynolds.</p>
<p>Toyota engines competed in the IRL series for the first time in 2003, and Scott Dixon won the series championship in a Toyota-powered car.</p>
<p>In another truck announcement Friday, General Motors will add to its role in the Craftsman series with sponsorship of three teams.</p>
<p>A Chevrolet Silverado driven by Dennis Setzer for Morgan-Dollar Motorsports will carry the Silverado sponsorship, while Jack Sprague will drive a vehicle sponsored by Chevy Trucks for Xpress Motorsports.</p>
<p>Kevin Harvick Inc., will field a Silverado driven by Matt Crafton and sponsored by GM Goodwrench.</p>
<p><a title="http://sportsillustrated.cnn.com/2003/racing/11/14/notebook.ap/" href="http://sportsillustrated.cnn.com/2003/racing/11/14/notebook.ap/" target="_blank">http://sportsillustrated.cnn.com/2003/racing/11/14/notebook.ap/</a></p>

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