Toyota Announces Cup Lineup

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CONCORD, N.C. – Toyota's NEXTEL Cup future became much clearer on Tuesday night.

Toyota announced the three teams that will run the Camry in the 2007 season, two of which were assumed all along. Michael Waltrip Racing and Bill Davis Racing will field two car Toyota Cup teams next season. A third team will be the newest entry into the NASCAR NEXTEL Cup Series: Red Bull Racing.

"I never thought I would be a car owner in the Cup series," Waltrip said. "But then I thought, if I can plug into this, I can go race with these guys. ... Now I've got cars. I can race these people."

Waltrip will run for Davis this season in a two car effort that will find him teamed with veteran Dave Blaney in a pair of Dodges.

Next season, Waltrip will join the ranks of owner/driver when he pilots a Camry that will carry NAPA sponsorship. His teammate has yet to be named.

While many in the media had speculated about Davis and Waltrip joining the newest manufacturer to enter the sport, it is Team Red Bull's announcement which caught many by surprise.

Team Red Bull will be based in Mooresville, N.C., and stock car veteran Marty Gaunt will serve as the team's general manager.

This will increase Red Bull's presence in motorsports as they already are part of various other series, including Formula One where they own an unprecedented two teams for a total of four cars on the grid.

"Based on our motorsports experience, we know the importance of working with experienced teams and partners," Jim Aust, vice president of Toyota Motorsports and president and CEO of Toyota Racing Development, U.S.A. told the media gathering at the Lowe's Motor Speedway. "We have developed excellent relationships with Bill Davis and the Waltrip family and look forward to developing a similar relationship with the Red Bull team as Toyota joins one of the world's most competitive racing series."

Toyota also plans to continue its participation in the Craftsman Truck Series while also fielding a Busch Series program, with details of both to be released in the near future.

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