Toyota to enter NASCAR Nextel Cup in 2007

On Monday, NASCAR will hold a press conference at their R & D centre in Concord, NC. This press conference will be live on SPEED at 12:15PM. The New York Times is reporting that NASCAR will announce that Toyota will enter the NASCAR Nextel Cup & Busch Series in 2007 as expected. Toyota has been involved in the NASCAR Craftsman Truck Series since 2004. Bill Davis Racing will likely be the flagship Nextel Cup team for Toyota. Davis currently runs two Dodges in Nextel Cup, #22-Dave Blaney & #55 Michael Waltrip but Davis also runs Toyota Craftsman Trucks for Mike Skinner, Bill Lester & Johnny Benson. Michael's older brother NASCAR legend Darrell Waltrip also owns a couple of Toyota Craftsman Trucks and it is rumoured that he will step up to Nextel Cup with Toyota. It has also been rumoured that Honda will follow Toyota to NASCAR.