Finally, the NASCAR world is feeling a little bit of good news amidst a backdrop of nothing but bad for both the sport's and the rest of a world's business climate.
Earlier this week, Tommy Baldwin, Jr. -- the Daytona 500-winning crew chief from 2002 with Bill Davis Racing's Ward Burton -- announced he was putting plans in place to field a new race single-car race team for the 2008 season starting with next month's Daytona 500.
The team, Tommy Baldwin Racing, said in its PR that "With tough economic times upon us, the timing for starting this team is right. Our overhead is low and we have a great group of talented mechanics and specialists to choose from. We can offer sponsors the chance to get into Sprint Cup racing at a fraction of the costs [...]."
It sure seems odd that "tough economic times" and "timing [...] is right" go together, but there's a vast amount of resources available in the Sprint Cup market place in terms of mechanics and other crew members who have been laid off, in addition to teams that are probably selling off inventory to gain back some capital.
With the right amount of sponsors and a little bit of help from Toyota, this team could be an interesting low-budget venture. Jayski says the driver could be Dave Blaney from the unsponsored No. 22 BDR team.
Additionally, JR Motorsports, General Motors and Dodge all had a small bit of good news this week.