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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]
Jeff Gordon, driver of the #24 Axalta Chevrolet SS, celebrates his win Sunday, July 27, 2014 of the Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Gordon, who leads the NASCAR Sprint Cup Series (NSCS) standings, has won at the Brickyard a record 5 times, the first one in 1994. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Jeff Gordon, driver of the #24 Axalta Chevrolet SS, kisses the Brick after his win Sunday, July 27, 2014 of the Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Gordon, who leads the NASCAR Sprint Cup Series (NSCS) standings, has won at the Brickyard a record 5 times, the first one in 1994. (Photo by Rusty Jarrett/HHP for Chevy Racing)
The Richard Childress Racing #3 Chevrolet Nationwide Series car driven by Ty Dillon. (Photo Credit: Getty Images for NASCAR)
Tony Stewart, driver of the #14 Mobil 1/Bass Pro Shops Chevrolet SS, qualified sixth fastest Saturday, July 26, 2014 for Sunday`s Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Ryan Newman, driver of the #31 Quicken Loans Chevrolet SS, qualified fourth fastest Saturday, July 26, 2014 for Sunday`s Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Kevin Harvick, driver of the #4 Jimmy John’s Chevrolet SS, was the fastest qualifier Saturday, July 26, 2014 to capture the pole position for Sunday`s Brickyard 400 Nascar Sprint Cup race at Indianapolis Motor Speedway in Indianapolis, Indiana. Jeff Gordon, driver of the #24 Axalta Chevrolet SS will join him on the front row. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Darrell Wallace Jr. , driver of the #54 ToyotaCare Toyota, celebrates after winning the Camping World Truck 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, does a burnout after winning the Camping World Truck 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, celebrates after winning the Camping World Truck 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, celebrates after winning the Camping World Truck 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Tony Stewart presents Darrell Wallace Jr. , driver of the #54 ToyotaCare Toyota, with the trophy after winning the Camping World Truck 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio.  (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Darrell Wallace Jr., driver of the #54 ToyotaCare Toyota, wins the NASCAR Camping World Truck Series 2nd Annual 1-800 Car Cash Mudsummer Classic at Eldora Speedway on July 23, 2014 in Rossburg, Ohio. (Photo Credit: Brian Lawdermilk/NASCAR via Getty Images)
Chase Elliott, drive driver of the #9 NAPA Auto Parts Chevrolet, celebrates in victory lane after winning during the NASCAR Nationwide Series EnjoyIllinios.com 300 at Chicagoland Speedway on July 19, 2014 in Joliet, Illinois. (Photo Credit: Jeff Zelevansky/NASCAR via Getty Images)
Chase Elliott, driver of the #9 NAPA Auto Parts Chevrolet, celebrates after winning the NASCAR Nationwide Series EnjoyIllinois.com 300 race at Chicagoland Speedway on July 19, 2014 in Joliet, Illinois. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
Chase Elliott, driver of the #9 NAPA Auto Parts Chevrolet, celebrates after winning the NASCAR Nationwide Series EnjoyIllinois.com 300 race at Chicagoland Speedway on July 19, 2014 in Joliet, Illinois. (Photo Credit: Sean Gardner/NASCAR via Getty Images)
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: Jonathan Daniel/Getty Images)
Cars race after a restart lead by Chase Elliott, driver of the #9 Napa Auto Parts Chevrolet (L), Ryan Blaney, driver of the #22 Hertz Ford and Kyle Larson, driver of the #42 Cartwheel by Target Chevrolet (R) during the EnjoyIllinois.com 300 race at Chicagoland Speedway on July 19, 2014 in Joliet, Illinois. (Photo Credit: Jonathan Daniel/Getty Images)

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