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Truex Brothers Replace Bayne At Diamond Waltrip Racing

[1]Martin Truex Jr and his brother, two-time K&N Pro Series East Series champion Ryan Truex, will pilot Diamond-Waltrip Racing’s No. 99 Nationwide Series entry for the remainder of the 2010 season.

They will race against each other for the first time in their racing careers in this weekend’s Kansas Lottery 300 at Kansas Speedway. Ryan Truex will drive DWR’s No. 99 OUT! Pet Care Toyota, while Martin Truex will drive the team’s No. 00 OUT! Pet Car Toyota.

The truex brothers are replacing Trevor Bayne, who was released from the team earlier this week.

Bayne, who currently sits seventh in Nationwide Series points, was let go due to a lack of sponsorship.

DWR majority owner Gary Bechtel said:

The root of the issue regarding Trevor and his future with DWR is simply economics. DWR held an option on Trevor’s contract, but without appropriate funding, we could not match the provisions of that contract extension by guaranteeing him a full-time ride in the No. 99 car next year. We could not commit to the demands of the agreement.

Bayne’s release is a little bit shocking because he has been running pretty well. While he lacks a win, he does have three poles, five top 5s, and 10 tops 10s in 28 races so far this season.  

Bayne’s release is the latest indicator of teams’ increasing need to land sponsorship dollars to stay in the sport. Earlier this season, Justin Allgaier, who sits fourth in the Nationwide  Series standings, was given permission to speak with other teams [2] because his sponsor, Verizon, is expected to leave his car at season’s end.

With the release of Bayne, and the impending release of Allgaier, half of the Nationwide-only drivers in the top 10 in driver’s points will have been released. Steve Wallace and Jason Leffler are the other two Nationwide-only drivers currently in the top 10.

Update: Jim Utter [3] tweeted that he is hearing that Bayne may pilot Roush Fenway Racing’s No. 16 N’wide Series Ford at this weekend’s Kansas race. This has yet to be confirmed.