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Toyota to enter Nextel Cup and Busch in 2007

Updated: January 22, 2006, 11:07 PM ET
Associated Press

CHARLOTTE, N.C. -- Toyota will race in Nextel Cup events beginning in 2007, becoming the first foreign competitor in NASCAR's top stock car series since the 1950s.

The Japanese auto maker will also run the Busch Series races after the 2006 season, joining Chevrolet, Ford and Dodge. The announcement was expected at a Monday news conference from NASCAR's research and development facility in Concord, a person close to Toyota told The Associated Press.

The person, speaking on condition ...

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