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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]
Jamie McMurray, driver of the #1 McDonald’s Chevrolet SS, finished eighth and Kasey Kahne, driver of the #5 Great Clips Chevrolet SS, finished 35th Saturday, August 23, 2014 in the Nascar Sprint Cup race at Bristol Motor Speedway in Bristol, Tennessee. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Jimmie Johnson, driver of the #48 Lowe`s Chevrolet SS, finished fourth and Kyle Larson, driver of the #42 Target Chevrolet SS, finished twelfth Saturday, August 23, 2014 in the Nascar Sprint Cup race at Bristol Motor Speedway in Bristol, Tennessee. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Danica Patrick, driver of the #10 GoDaddy Chevrolet, Martin Truex Jr., driver of the #78 Furniture Row Chevrolet, Trevor Bayne, driver of the #21 Motorcraft/Quick Lane Tire & Auto Center Ford, Justin Allgaier, driver of the #51 Brandt Professional Agriculture Chevrolet, and Michael Annett, driver of the #7 Allstate Peterbilt/Pilot Chevrolet, are involved in an incident during the NASCAR Sprint Cup Series Pure Michigan 400 at Michigan International Speedway on August 17, 2014 in Brooklyn, Michigan.  (Photo Credit: Gregory Shamus/Getty Images)
Ryan Newman and Michael McDowell wreck at Watkins Glen International on Sunday, August 10 2014. (Photo Credit: Tom Pennington/NASCAR via Getty Images)
Dale Earnhardt Jr., driver of the #88 Michael Baker International Chevrolet, celebrates in Victory Lane after winning the NASCAR Sprint Cup Series GoBowling.com 400 at Pocono Raceway on August 3, 2014 in Long Pond, Pennsylvania.  (Photo Credit: Jeff Zelevansky/Getty Images)
Dale Earnhardt Jr., driver of the #88 Michael Baker International Chevrolet, crosses the finish line to win the NASCAR Sprint Cup Series GoBowling.com 400 at Pocono Raceway on August 3, 2014 in Long Pond, Pennsylvania. (Photo Credit: Chris Graythen/NASCAR via Getty Images)
Dale Earnhardt, Jr., driver of the #88 Michael Baker International Chevrolet SS, captures the flag with his victory Sunday, August 3, 2014 after winning Sunday`s Nascar Sprint Cup race at Pocono Raceway in Long Pond, Pennsylvania. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Michael Baker International Chevrolet SS, races to win Sunday, August 3, 2014 in Sunday`s Nascar Sprint Cup race at Pocono Raceway in Long Pond, Pennsylvania. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Dale Earnhardt, Jr., driver of the #88 Michael Baker International Chevrolet SS, celebrates his victory Sunday, August 3, 2014 after winning Sunday`s Nascar Sprint Cup race at Pocono Raceway in Long Pond, Pennsylvania. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Dale Earnhardt Jr., driver of the #88 Michael Baker International Chevrolet, celebrates in Victory Lane after winning the NASCAR Sprint Cup Series GoBowling.com 400 at Pocono Raceway on August 3, 2014 in Long Pond, Pennsylvania.  (Photo Credit: Tom Pennington/NASCAR via Getty Images)
Dale Earnhardt, Jr., driver of the #88 Michael Baker International Chevrolet SS, celebrates his victory Sunday, August 3, 2014 after winning Sunday`s Nascar Sprint Cup race at Pocono Raceway in Long Pond, Pennsylvania. (Photo by Rusty Jarrett/HHP for Chevy Racing)
Dale Earnhardt Jr., driver of the #88 Michael Baker International Chevrolet, celebrates in Victory Lane with a broom after winning the NASCAR Sprint Cup Series GoBowling.com 400 at Pocono Raceway on August 3, 2014 in Long Pond, Pennsylvania. (Photo Credit: Tom Pennington/NASCAR via Getty Images)
Dale Earnhardt Jr., driver of the #88 Michael Baker International Chevrolet, celebrates with a burnout after winning the NASCAR Sprint Cup Series GoBowling.com 400 at Pocono Raceway on August 3, 2014 in Long Pond, Pennsylvania.  (Photo Credit: Todd Warshaw/NASCAR via Getty Images)
Trevor Bayne, driver of the #6 AdvoCare Ford, leads the field during the start of the Nationwide Series U.S. Cellular 250 at Iowa Speedway on August 2, 2014 in Newton, Iowa (Photo Credit: Brian Lawdermilk/Getty Images)
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)

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