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Wood Bros. close to sponsorship deal

Updated: April 1, 2011, 2:39 PM ET
By David Newton | ESPN.com

CONCORD, N.C. -- The Wood Brothers are close to a sponsorship deal that will put Daytona 500 champion Trevor Bayne into the May 21 All-Star Race at Charlotte Motor Speedway.

"I think it will work," said Len Wood, one of the co-owners of the team. "There's been interest in the last 36 hours."

Wood said he should know something for sure early next week, but wouldn't identify the sponsor other than to say it was a familiar name in racing.

"We've got somebody who wants to run the ...

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