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JGR Close To Signing Extension With Toyota

[1]Joe Gibbs Racing is close to signing a long-term extension with Toyota within the next month, according to ESPN.com [2]. There has been speculation that JGR could switch to Dodge, but this news makes those rumors seem less likely.

JGR President JD Gibbs said that the team working on a deal that would keep them with Toyota “for a long time to come.”

Dodge is looking for a team to anchor its program after Penske Racing, the only major team that currently fields Dodges in the Sprint Cup Series, decided to switch to Ford next season [3].

JGR’s contract with Toyota is up at the end of the season, making them a target for Dodge. Dodge has also approached Richard Petty Motorsports [4], as it searches for a program to replace Penske.

In related news, Toyota plans to unveil its 2013 Sprint Cup Camry on May 22nd at Toyota Racing Development in North Carolina.

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