excerpt from RACER.com-Red Bull Racing announced it has released Scott Speed, driver of the team's No. 82 Sprint Cup Toyota. “We have exercised our rights to end the relationship at the end of 2010,” the team said in a statement. “We wish Scott the best of luck in his career.” Speed confirmed on his Twitter account that he had been terminated by Red Bull. "Not [a] huge surprise," he... more.

Legendary car owner Chip Ganassi received the first-ever International Motorsports Industry Show (IMIS) Achievement Award Tuesday night during the IMIS welcome reception at Lucas Oil Stadium in downtown Indianapolis. Chris Paulsen, owner of C&R Racing and one of the founders of IMIS, presented the award to Ganassi, who scored two championships and numerous high-profile race wins throughout ... more.

 Richard Childress Racing has signed Joey Coulter to drive its second NASCAR Camping World Truck Series team in 2011. Coulter, 20, recently finished eighth in the 2010 ARCA Racing Series point standings, his second full season of competition, on the strength of his first series victory and six other top-five finishes. He also earned the Bill France Four Crown Award, which showcases driver tale... more.