BUSCH: Pocono:

MICHAEL WALTRIP DEFINES DIRECTION OF TEAMS MOORESVILLE, N.C. (June 10, 2006) -- In light of published reports of Michael Waltrip Racing (MWR) abandoning their NASCAR Busch Series partnership with Fitz-Bradshaw Racing, MWR owner Michael Waltrip...

MICHAEL WALTRIP DEFINES DIRECTION OF TEAMS

MOORESVILLE, N.C. (June 10, 2006) -- In light of published reports of Michael Waltrip Racing (MWR) abandoning their NASCAR Busch Series partnership with Fitz-Bradshaw Racing, MWR owner Michael Waltrip said the rumors couldn't be farther from the truth.

"I think a lot of people got confused when we took the opportunity to move our NEXTEL Cup operation down the road to Jimmy Spencer's old shop," said Waltrip. "We saw an opportunity to give Larry Carter and his team working on the Burger King Chevrolets, a location that allows them to stay totally focused on preparing for our upcoming five Cup races with Bill Elliott in 2006. Our Busch Series program, along with our Marketing, Licensing and Business Affairs departments remain at Fitz-Bradshaw in Mooresville, NC. Last Fall we partnered with Armando Fitz for the entire 2006 season and that won't change."

While everything is status-quo with Waltrip's 2006 programs, there is eager anticipation for 2007. In just a few weeks, the first phase of Waltrip Racing World will open for Toyota's entry into the NASCAR NEXTEL Cup Series. Waltrip Racing World, scheduled to open to the public mid 2007, is a fan destination complete with entertainment and interactive experiences. It will also house all of Michael Waltrip Racing's Toyota backed teams.

"Phase One of Waltrip Racing World is essentially our fabrication and manufacturing facility," Waltrip said. "In some ways it could be viewed as the heart and soul of our entire campus. Our first Toyota Camry was completed last week and we will build many more at the new location. This building is exclusively dedicated to the preparation, testing, development and eventually racing of our 2007 Camry's.

"We have a lot of innovative things going on at Michael Waltrip Racing," continued Waltrip. "We are nearing the launch of an ownership plan that dates back to the summer of 2005 when I first visited Toyota Racing Development in California. This isn't a start-up effort. We have hired some of the brightest and most respected members of the NASCAR community and all of our steps leading to the 2007 Daytona 500 on right on target. We understand and respect the challenges of succeeding at the NEXTEL Cup Series level. When MWR and our sponsorship partners accepted this task, we set several benchmarks that we knew we had to achieve and everything we have announced to date were part of that. As an organization, I am very pleased with where we are and where we are headed."

-Michael Waltrip Racing

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About this article
Series Monster Energy NASCAR Cup , NASCAR XFINITY
Drivers Bill Elliott , Michael Waltrip , Jimmy Spencer
Teams Michael Waltrip Racing , Toyota Racing