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Racing News: Atlantic Championship Series Cancels 2010 Season

Atlantic Championship Series cancels 2010 season, citing lack of money and drivers; US F1 or StefanGP not part of 2010 Formula One World Championship entry list; Jack Roush Jr. and Billy Johnson collect victory number 400 for Jack Roush’s as a team owner; DART Machinery signs as title sponsor of DART Show-Me 100 dirt-late-model race; and more racing news.

Movers & Shakers: Aad Goudriaan New CEO at Bosal; Roush to Receive Petersen Lifetime Achievement Award

Aad Goudriaan named new CEO at Bosal; Roush to receive Petersen Lifetime Achievement Award; Avon Motorcycle Tyres North America launches all-new website; Racer’s Equipment Warehouse (REW) annual Jobber Trade Show triples Customer & Vendor participation for 2010 event; CMF Western Chassis Inc. purchases assets of Central California Western Chassis; and more industry news.

NHRA: Dixon Goes for Record Fifth Gainesville Win

Larry Dixon will try to surpass Amato this weekend and become the first Top Fuel driver to win five events at Gainesville Raceway; NHRA’s newest national touring series, the Get Screened America Pro Mod Drag Racing Series, will make its debut at the Tire Kingdom NHRA Gatornationals; and more news from the NHRA.

Movers & Shakers: Tammy Ray's "Gold Digger" Takes Home Ridler Award

Tammy Ray's "Gold Digger" takes home Ridler Award presented at Detroit Autorama; Federal-Mogul appoints Jim Burke to director of global communication; new web address announced for Rancho Performance Transaxles; and more news from around the industry.

Racing News: Philip Morris Ends Lengthy Sponsorship of Penske IndyCar Teams

Philip Morris ends long-standing sponsorship of Roger Penske and Penske Racing IZOD IndyCar Series teams; Damion Gardner continues hot streak in AMSOIL USAC National Sprint Car Series by winning four out of the five events run so far this year; Bristol (Tennessee) Motor Speedway has begun adding 160 feet of SAFER barriers at the exits of turns two and four; and more racing news.

SEMA Heritage: Roger Penske's 1966 Daytona Enduro Corvette

Roger Penske gave up a successful racing career to open his first car dealership in 1965, but that didn’t keep him away from the track. He began Penske Racing that same year, and one of his earliest acquisitions was the 1966 Corvette coupe. The car had been used by Chevrolet to develop the L88 engine program, and Penske struck a deal with Zora Arkus-Dontov—who quietly worked around GM’s factory ban on race support—to buy the car for competition.

Penske sent a young West Coast racer named Dick Guldstrand to Detroit to drive the Corvette to Penske’s operation in Pennsylvania. [Read More]

Racing News: USF1 Battles Financial Trouble, Asks to Skip First Four Races

Amid financial uncertainty, USF1 requests permission to miss first four races of 2010; spectator Susan Zimmer was killed during the NHRA Arizona Nationals when she was struck by a tire from Antron Brown's dragster; Atlantic Championship Series introduces a value program that guarantees any driver paying $495,000 a seat for the 2010 season; and more racing news.
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