Out of a ride this season in the Cup series, Scott Speed will drive an Izod IndyCar Series machine for Jay Penske's Dragon Racing in this month's Indianapolis 500. Speed will be sponsored by Fuzzy's Ultra Premium Vodka, American Racing Wheels and Vizio. Speed also plans to compete in IndyCar's $5 million bonus race in October at Las Vegas Motor Speedway. It's expected that he will be approved as... more.

Former Red Bull driver Scott Speed has filed a lawsuit for $6.5 million against Red Bull's NASCAR team after being released from his contract last month. The Californian, who competed in his second full season at NASCAR's top level this year, having switched from Formula 1 where he raced for Scuderia Toro Rosso until the middle of 2007, is claiming breach of contract in a suit filed this week i... more.

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.

ESPN and SceneDaily.com are reporting Rick Hendrick has sealed a deal with Red Bull Racing for Kasey Kahne to drive one of the teams cars next season. In April, Hendrick signed Kahne with the promise he would find him a ride for 2011 and in 2012 he would take over the No. 5, currently driven by Mark Martin. Martin has been resistant to vacating the car early for Kahne and plans to drive it next... more.

RED BULL RACING TEAM DAYTONA DRIVERS: Scott Speed (No. 82) / Reed Sorenson (No. 83) EVENT: Daytona 400 (Sprint Cup) DATES: Thursday-Saturday, July 1-3, 2010 TRACK: Daytona International Speedway, Daytona Beach, Fla. + AS THEY SAY, WE’RE HALFWAY Seems like yesterday that we were at Daytona International Speedway. Actually, it was five months ago. 82 . SCOTT SPEED NO MAGIC AT THE MILE: Speed finis... more.

Cahs go Round in New Hampsha! Scott Speed’s Red Bull Toyotah was tight in the centah and couldn’t get off the cornahs Sunday at New Hampsha. Reed Sorenson, in his debut race heah at Red Bull Racing Team, fought many of the same handlin’ issues with his cah. Here’s what our two drivahs had to say: Scott Speed, driver, No. 82 (finished 27th): “We were good on the first 10 laps of each run,... more.