Lake Speed Returns UPDATE:

Midwest Transit Racing has NASCAR Winston Cup Series veteran Lake Speed as general manager. Speed will be responsible for all day to day operations of the #50 Midwest Transit Chevy race team. Speed, a former World Karting champion, has made 402 NASCAR Winston Cup Series starts as a driver. In 1988, driving a car he owned, Speed captured the TranSouth 500 at Darlington Raceway. In his last assignment, Speed was the driver and team manager at Melling Racing, a team that boasts 34 wins and the 1988 Winston Cup championship. Dan Pardus, who’s running for Raybestos Rookie of the Year honors as Midwest Transit Racing’s primary driver, said he was delighted with Speed’s selection(Midwest Transit PR) — UPDATE: The team will sit out and regroup the next few races and plan to return to Cup action at Talladega in April