SMI completes purchase of Kentucky Speedway

Speedway Motorsports Inc. purchased Kentucky Speedway, clearing the way for SMI owner Bruton Smith to try and bring a coveted NASCAR Sprint Cup race to the 1.5-mile tri-oval in northern Kentucky.

RCR: With Mears, you could see all four in Chase

Jeff Burton, Clint Bowyer, Kevin Harvick combined for three victories in '08 for Richard Childress Racing. With Casey Mears aboard, veterans Burton and Harvick must step up, Pete Pistone says.

Joe Gibbs Racing: Theme of change continues

Kyle Busch won eight times in '08 as Joe Gibbs Racing benefited from changes. Well, there'll be a doozy next season when Joey Logano replaces Tony Stewart, Pete Pistone says.

Mexican billionaire denies bid to buy Honda F1 team

The Telmex racing team owned by Carlos Slim has denied reports the Mexican billionaire will buy Honda's flailing Formula One outfit.

Report: Two-time F1 champ Alonso could join Ferrari

Two-time F1 champion Fernando Alonso could start driving for Ferrari in 2011 or even sooner if Kimi Raikkonen doesn't shine, Italian sports paper 'La Gazzetta Sportiva' reported Sunday.

Best NASCAR Sprint Cup paint scheme of 2008

We started with 22 paint schemes and now we're down to the final four. Vote now for the best NASCAR Sprint Cup paint scheme of 2008.

Toyota to cut back costs, vows to remain in F1

Toyota will scale back costs on Formula One racing, but is vowing not to drop out despite expectations it will record its first yearly operating loss in seven decades.

Penske Racing: Fast start, sluggish finish, big changes

The season started with a bang for Penske Racing, the owner's first victory in the Daytona 500. But things fell apart after February, and with Ryan Newman's departure, it is up to Kurt Busch to lead the team, Pete Pistone says.

Longtime owner Davis sells majority of race team

NASCAR owner Bill Davis, struggling to keep his team afloat during a fruitless search for sponsorship, has sold majority ownership of both his race team and his engine company.

Indianapolis Motor Speedway may cut jobs in ‘09

Indianapolis Motor Speedway officials have completed their budget review and some positions have already been eliminated, though spokesman Fred Nation did not provide a figure. Speedway officials have also implemented a hiring freeze and acknowledge more jobs could be lost next year if the economy continues to fizzle.

Lawyer: Ex-NASCAR official ‘happy’ with settlement

The former official who filed a $225 million racial discrimination and sexual harassment lawsuit against NASCAR is very pleased with her settlement and looking forward to moving on, her attorney said Friday.

IndyCar cancels Detroit Grand Prix at Belle Isle

The Detroit Belle Isle Grand Prix has been canceled because of economic problems in Michigan and the country, the latest setback in the sport rocked by sponsorship woes and a series of cutbacks and layoffs.

NASCAR settles $225 million lawsuit with ex-official

NASCAR has settled a $225 million lawsuit filed by a former official who said she was subjected to racial discrimination and sexual harassment during her two-plus years working for the stock car organization, the Associated Press has learned.

Iowa Speedway lands Truck Series race for Sept. 5

It's taken the Iowa Speedway just three years to position itself as a leading track in the Midwest.

NASCAR to do drug testing on drivers next month

NASCAR will test drivers for performance-enhancing drugs next month under a tougher policy that also bans using illegal drugs and abusing prescription medications.

Red Bull: Key is getting ex-open-wheeler up to Speed

A 19th-place finish for Brian Vickers in '08? Not bad for a Red Bull Racing team in its second year. Vickers will continue to rise, but it will be a steep learning curve for rookie Scott Speed, Pete Pistone says.

Next Page »