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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]
Brian Scott. (Picture Credit: Ronald Martinez/Getty Images for Texas Motor Speedway)
Defending Sprint Cup Champion Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS, qualifies for thirteenth position Friday, November 20, 2015 for Sunday`s Championship 4, the final race of the 2015 NASCAR Sprint Cup Series season at Homestead-Miami Speedway in Homestead, Florida. Harvick will be joined by Jeff Gordon, driver of the #24 Axalta Chevrolet SS and Martin Truex, Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet SS to compete for the 2015 NASCAR Sprint Cup Championship. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Martin Truex, Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet SS, qualifies for eleventh position Friday, November 20, 2015 for Sunday`s Championship 4, the final race of the 2015 NASCAR Sprint Cup Series season at Homestead-Miami Speedway in Homestead, Florida. Truex, Jr. will be joined by Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS and Jeff Gordon, driver of the #24 Axalta Chevrolet SS to compete for the 2015 NASCAR Sprint Cup Championship. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Martin Truex, Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet SS, advances to the Championship 4 with his fourteenth place finish Sunday, November 15, 2015 in the final round of the Eliminator 8 NASCAR Sprint Cup Chase race at Phoenix International Raceway in Avondale, Arizona. Truex, Jr. is joined with Jeff Gordon, driver of the #24 Pepsi Chevrolet SS, and Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS to the Sprint Cup Series Championship 4 at Homestead-Miami Speedway in Homestead, Florida next Sunday. (Photo by Garry Eller/HHP for Chevy Racing)
Jeff Gordon, driver of the #24 Pepsi Chevrolet SS, advances to the Championship 4 with his sixth place finish Sunday, November 15, 2015 in the final round of the Eliminator 8 NASCAR Sprint Cup Chase race at Phoenix International Raceway (renamed Jeff Gordon Raceway for the day to honor the four-time champion) in Avondale, Arizona. Gordon is joined with Martin Truex, Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet SS  and Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS to the Sprint Cup Series Championship 4 at Homestead-Miami Speedway in Homestead, Florida next Sunday. (Photo by Garry Eller/HHP for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Nationwide Chevrolet SS, races to victory Sunday, November 15, 2015 in the final round of the Eliminator 8 NASCAR Sprint Cup Chase race at Phoenix International Raceway in Avondale, Arizona. Defending Sprint Cup Champion Kevin Harvick, driver of the #4 Budweiser/Jimmy John’s Chevrolet SS advances to the Champion 4 with his second place finish. Harvick is joined with Martin Truex, Jr., driver of the #78 Furniture Row/Visser Precision Chevrolet SS and Jeff Gordon, driver of the #24 Pepsi Chevrolet SS to the Sprint Cup Series Championship 4 at Homestead-Miami Speedway in Homestead, Florida next Sunday. (Photo by Garry Eller/HHP for Chevy Racing)
Jimmie Johnson, driver of the #48 Lowe`s Patriotic Chevrolet, and Kurt Busch, driver of the #41 Haas Automation Chevrolet, lead the field to the green flag at the start of the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Robert Laberge/NASCAR via Getty Images)
Kevin Harvick, driver of the #4 Budweiser/Jimmy John`s Chevrolet, leads Carl Edwards, driver of the #19 Stanley Toyota, during the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Chris Trotman/Getty Images)
Kurt Busch, driver of the #41 Haas Automation Chevrolet, serves a pass-through penalty for a restart violation during the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Chris Trotman/Getty Images)
Dale Earnhardt Jr., driver of the #88 Nationwide Chevrolet, and Kevin Harvick, driver of the #4 Budweiser/Jimmy John`s Chevrolet, lead the field onto pit road due to rain during the NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Chris Trotman/Getty Images)
Dale Earnhardt Jr., driver of the #88 Nationwide Chevrolet, celebrates on pit road after winning the rain-shortened NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Jonathan Ferrey/Getty Images)
Dale Earnhardt Jr. and the crew of the #88 Nationwide Chevrolet team celebrate in victory lane after winning the rain-shortened NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Sean Gardner/Getty Images)
(L-R) Team owner Rick Hendrick, Dale Earnhardt Jr., driver of the #88 Nationwide Chevrolet, and crew chief Greg Ives celebrate in victory lane after winning the rain-shortened NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Sean Gardner/Getty Images)
(L-R) Dale Earnhardt Jr., driver of the #88 Nationwide Chevrolet, and crew chief Greg Ives celebrate in victory lane after winning the rain-shortened NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Sean Gardner/Getty Images)
(L-R) Amy Reimann celebrates with Dale Earnhardt Jr., driver of the #88 Nationwide Chevrolet, in victory lane after Earnhardt won the rain-shortened NASCAR Sprint Cup Series Quicken Loans Race for Heroes 500 at Phoenix International Raceway on November 15, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Matt Sullivan/NASCAR via Getty Images)
Dale Earnhardt, Jr., driver of the #88 Nationwide Chevrolet SS, celebrates his win Sunday, November 15, 2015 in the NASCAR Sprint Cup Chase race at Phoenix International Raceway in Avondale, Arizona.  (Photo by Andrew Coppley/HHP for Chevy Racing)
Kyle Busch, driver of the #54 Monster Energy Toyota, and Austin Dillon, driver of the #33 Rheem Chevrolet, lead the field at the start of the NASCAR XFINITY Series DAV 200 Honoring America`s Veterans at Phoenix International Raceway on November 14, 2015 in Avondale, Arizona.  (Photo Credit: Photo by Robert Laberge/NASCAR via Getty Images)

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