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Wallace and Elliott set for Daytona

"I'm looking forward to my first year in Cup," Bayne said. "I know it's not full time, but it's been my dream since I was 5 years old." Bayne had a successful Sprint Cup debut last year with the team at Texas, qualifying on speed and finishing 17th in an impressive showing.

Bayne will compete in the first five races of the year and then other races to be decided to bring the tally up to 17 in total.

Co-owner Eddie Wood said he was pleased that NASCAR's oldest team will be fielding its youngest Cup driver ever in its 61 year NASCAR history, after a history of sticking with proven veteran drivers: Woods Brothers have won 97 races and 118 poles in the Cup since 1953.

McMurray in multi-year deal with Earnhardt Ganassi

Jamie McMurray's agent has confirmed that the Missouri-born driver has signed a "multi-year" deal with Earnhardt Ganassi Racing.

McMurray returned to Ganassi last year after a troubled stint with Roush Fenway Racing from 2005 to 2009. In 2010, McMurray took three major race victories at the Daytona 500, Brickyard 400 and Charlotte Bank of America 500, although he missed the Chase and ended 14th in the Sprint Cup standings.

Michael McDowell to race for HP Racing

Michael McDowell has confirmed a deal putting him behind the wheel of the HP Racing's #66 Toyota for selected events in 2011.

HP Racing is the new name for PRISM Motorsports owned by Randy Humphrey and Phil Parsons, which is expanding operations and line-up after moving into bigger facilities in Harrisburg. With PRISM having a reputation as a "start and park" set-up, the team have more ambitious plans for the newly-christened outfit.

"HP Racing is a reinvention of our race team," said Parsons. "We see this as a tremendous opportunity to compete on a more consistent basis in the NASCAR Sprint Cup Series."

"We have all the elements in place to succeed, and with sponsorship we'll be able to race competitively on a consistent basis," said Humphrey.

"It is great to reunite with Randy and Phil at HP Racing," said McDowell, who has competed in 52 Cup races since 2008 including qualifying for 17 Cup races for PRISM in 2010, among them the Daytona 500. As well as this year's Daytona, HP Racing are aiming at competing at Bristol Motor Speedway, Infineon Raceway, and Watkins Glen International, along with others to be named at a later date.



Related Pictures

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Martin Truex Jr leads the field to the green flag to start the first Gatorade Duel at Daytona [Pic credit: Getty for NASCAR]
Chase Elliott, driver of the #9 NAPA Auto Parts Chevrolet, celebrates with the trophy in Victory Lane with team owner Dale Earnhardt jr. after winning the series championship during the NASCAR Nationwide Series Ford EcoBoost 300 at Homestead-Miami Speedway on November 15, 2014 in Homestead, Florida.  (Photo Credit: Chris Trotman/Getty Images for NASCAR)
Chase Elliott, driver of the #9 NAPA Auto Parts Chevrolet, celebrates in victory lane after winning the series championship during the NASCAR Nationwide Series Ford EcoBoost 300 at Homestead-Miami Speedway on November 15, 2014 in Homestead, Florida. (Photo Credit: Todd Warshaw/Getty Images for NASCAR)
Chase Elliott, driver of the #9 Napa Auto Parts Chevrolet, wins the EnjoyIllinois.com 300 race at Chicagoland Speedway on July 19, 2014 in Joliet, Illinois. (Photo Credit: Patrick Smith/Getty Images)
Chase Elliott, driver of the #9 NAPA Auto Parts Chevrolet, celebrates winning the series championship during the NASCAR Nationwide Series Ford EcoBoost 300 at Homestead-Miami Speedway on November 15, 2014 in Homestead, Florida. (Photo Credit: Patrick Smith/Getty Images)
Chase Elliott, driver of the #9 NAPA Auto Parts Chevrolet, celebrates with the trophy in Victory Lane after winning the series championship after the NASCAR Nationwide Series Ford EcoBoost 300 at Homestead-Miami Speedway on November 15, 2014 in Homestead, Florida. (Photo Credit: Chris Trotman/Getty Images for NASCAR)
Chase Elliott, driver of the #9 NAPA Auto Parts Chevrolet, leads a pack of cars during the NASCAR Nationwide Series Ford EcoBoost 300 at Homestead-Miami Speedway on November 15, 2014 in Homestead, Florida. (Photo Credit: Chris Trotman/Getty Images for NASCAR)
Matt Crafton, driver of the #88 Jeld-Wen/Menards Toyota, and Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, burn out as Crafton celebrates winning the series championship and Wallace celebrates winning the NASCAR Camping World Truck Series Ford EcoBoost 200 at Homestead-Miami Speedway on November 14, 2014 in Homestead, Florida. (Photo Credit: Chris Graythen/Getty Images)
Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, celebrates in Victory Lane after winning the NASCAR Camping World Truck Series Ford EcoBoost 200 at Homestead-Miami Speedway on November 14, 2014 in Homestead, Florida. (Photo Credit: Sean Gardner/Getty Images)
Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, takes the chequered flag to win the NASCAR Camping World Truck Series Ford EcoBoost 200 at Homestead-Miami Speedway on November 14, 2014 in Homestead, Florida. (Photo Credit: Chris Trotman/Getty Images for NASCAR)
Denny Hamlin, driver of the #11 FedEx Freight Toyota, climbs into his car in the garage area during practice for the NASCAR Sprint Cup Series Goody`s Headache Relief Shot 500 at Martinsville Speedway on October 24, 2014 in Martinsville, Virginia. (Photo Credit: Jared C. Tilton/Getty Images)
Ryan Newman, driver of the #31 Caterpillar Chevrolet, speaks during a press conference prior to practice for the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 7, 2014 in Avondale, Arizona.  (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Carl Edwards, driver of the #99 Fastenal Ford, climbs out of his car during practice for the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 7, 2014 in Avondale, Arizona.  (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Joey Logano, driver of the #22 Shell-Pennzoil Ford, stands in the garage area during practice for the NASCAR Sprint Cup Series Quicken Loans 500 at Phoenix International Raceway on November 8, 2014 in Avondale, Arizona. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Brad Keselowski, driver of the #2 Miller Lite Ford, talks to his crew chief, Paul Wolfe, after failing to advance to the championship round of the Chase for the Spring Cup after the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 9, 2014 in Avondale, Arizona. (Photo Credit: Rainier Ehrhardt/ Getty Images)
Kevin Harvick, driver of the #4 Budweiser Chevrolet, celebrates after winning the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 9, 2014 in Avondale, Arizona.  (Photo Credit: Matt Sullivan/Getty Images)
Matt Kenseth, driver of the #20 Dollar General Toyota, speaks to the media during a press conference after failing to advance to race for the championship in the season finale after the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 9, 2014 in Avondale, Arizona. (Photo Credit: Todd Warshaw/Getty Images)
Kevin Harvick, driver of the #4 Budweiser Chevrolet, celebrates in victory lane after winning the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 9, 2014 in Avondale, Arizona.  (Photo Credit: Jerry Markland/Getty Images)

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