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NASCAR Sprint Cup Series drivers Kyle Busch and Scott Speed plan to test their skills driving exotic Daytona Prototype sports cars in the Grand-Am Rolex Sports Car Series.

The duo will split driving duties July 4 in the Brumos Porsche 250 at Daytona International Speedway. They’ll be racing a second Lexus Riley sports car fielded by Chip Ganassi Racing with Felix Sabates, the team whose primary drivers, Memo Rojas and Scott Pruett of Auburn, Calif., are the series’ defending champions.

Rojas and Pruett also won their first race of this seasonlast weekend, at Watkins Glen, N.Y., to gain a share of this year’s point lead in the Grand-Am series, which was acquired by NASCAR last year.

Busch, 24, has…  Details

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In what could be termed as the rinse and repeat of motorcycle racing is taking place in the overlooked, but passionately followed NHRA series.

Screamin’ Eagle®/Vance & Hines rider Eddie Krawiec raced a Harley-Davidson Screamin’ Eagle V-Rod® to the final round of Pro Stock Motorcycle eliminations at the United Association NHRA SuperNationals at Old Bridge Township Raceway Park. Making his fourth consecutive final-round appearance, Krawiec lost to Craig Treble but added to his overall lead in the Full Throttle Pro Stock Motorcycle series, and tops the division by 76 points.

Krawiec qualified fourth for the event with a run of …  Details

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STOCKHOLM – Saab Automobile, General Motors Corp.’s struggling Swedish unit known for its family cars, was rescued Tuesday by a consortium led by Koenigsegg Automotive AB, a tiny company that produces only a dozen custom-made super cars a year.

Having penned a memorandum of understanding, GM said the sale would include an expected $600 million funding commitment from the European Investment Bank, guaranteed by the Swedish government. Additional funding for Saab’s operations and investments would be provided by GM and the Koenigsegg Group AB consortium, it said.

“This is yet another significant step in the reinvention of GM and its European operations,” GM Europe President, Carl-Peter Forster, said in a statement.

A person briefed on the deal said …  Details

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