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Honda is close to a deal to sell off its formula one team, Japan’s biggest circulation newspaper said today, without identifying the buyer.

The team are expected to test a new car this week, powered by a Mercedes engine, in a clear sign that they will continue racing after the Japanese manufacturer announced its withdrawal from the sport in December. “We expect to be able to make an announcement from the company and the team in the near future,” …  Details

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…The recent announcement of a U.S. Formula One team had many experts guessing who the two American drivers would be.

Naturally, Kyle Busch’s name was mentioned…

….how might he do in F1?  Juan Pablo Montoya, who won seven F1 races, says he wouldn’t expect a whole lot…..  Details

A late-race crash ruined his day but three races into the NASCAR Sprint Cup season Michael Waltrip is still in the top 12 in points and teammate David Reutimann is fifth. For an organization that struggled to make races two years ago, it’s quite a turnaround.

“I think our team has grown a tremendous amount in the last few months,” Waltrip said, noting the addition of Steve Hallam, a former engineer and manager in Formula One, as director of competition last fall….  Details

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In the market of a rally car? Checked rallyclassified.com? Didn’t have what you want? How about something really nice? Prodrive perhaps? Lucky for you Prodrive has just opened a used rally car section on their website. …  Details