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Racing is no exception when it comes to the slumping economy. With automakers in dire straits at present, dropping involvement in motorsport, especially sponsorships, will certainly tax teams and events from all venues of the sport.

While NASCAR is gearing up for its traditional annual kickoff, the Daytona 500 and related events, how its season will fare after the stock car giant’s main event is open to speculation. Teams have merged, sponsorship is way down, and layoffs at the race shops in the Mooresville, N.C., area have been heavy.

Chevrolet will be driven by the newly formed Earnhardt-Ganassi Racing, an amalgamation of DEI and Ganassi. Driving for the entire Cup season will be Martin Truex and Juan Pablo Montoya…  More info


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…a few random things to point out today. First off, Travis Pastrana and Johnny Knoxville have teamed up for a new Jackass type of TV series that is going to be airing on MTV soon. Apparently, it features stunts from all genres of extreme sports and anything that falls in between. What does this have to do with BMX? Well, not a whole lot at the moment although there are a couple clips in the trailer below that show a BMXer by the name of, Hubert Kowland. Who is Hubert Kowland you ask? Maybe he just owns a BMX bike but I’ve never heard of him. I’m not sure if more BMX is scheduled to be involved in this, but judging from my experiences hanging out with Hoffman and Knoxville last summer, I’m sure Hoffman and others will be involved. I’m just wondering what kind of stunts will be going down, cause the trailer looks ridiculous! It’s like Jackass hyped up on steroids but without all the sick vomiting and bodily fluid antics…  More info  

The Canadian Rally Championship is set to start this weekend on the snowy roads of the Rallye Perce Neige Maniwaki, presented by Subaru and supported by Yokohama and takes place in Maniwaki, Que., north of Ottawa. The event has run for over 40 years and has been on the national calendar for close to 35 years.

Canadian Rally Champions Patrick Richard of Squamish, B.C. and co-driver Alan Ockwell from Toronto finished third at Rallye Perce Neige last year in the debut event for the Subaru Rally Team Canada.

“This year we have a developed car, a year of working as a team and…  More info 

The 2009 Cooper Tires Presents The Atlantic Championship Powered by Mazda will feature a $1 million prize to the series champion as part of $3 million in prize money, series officials announced today.

The $1 million champion’s prize is the most lucrative championship payout in a North American open-wheel driver development series. The driver who finishes second in the 2009 Atlantic Championship will receive $500,000, with the remaining $1.5 million to be paid out in per-event race purses.

“This is a significant prize package that should attract top drivers from all over the world to the Atlantic Championship this season,” said Atlantic Championship President Ben Johnston. “The $1 million champion’s prize…  More infoÂ