Diamond Ridge Motorsports and Michael Waltrip Racing (MWR) announced the formation of Diamond-Waltrip Racing which will enter a full-time NASCAR Nationwide Series team starting in 2010 for driver Trevor Bayne. Diamond-Waltrip Racing, co-owned by majority owners, Gary and Blake Bechtel and owners, Michael Waltrip and Rob Kauffman, has purchased the assets and associated car owner benefits of Michael Waltrip Racing’s #99 Toyota Camry team. Diamond-Waltrip Racing will field its team for Bayne out of Michael Waltrip Racing’s Cornelius, N.C., facility and will continue to be managed by MWR personnel. The team has secured limited sponsorship and is seeking additional race sponsors for 2010. Bechtel jumped onto the NASCAR scene in 1990 when he formed Diamond Ridge Motorsports. Bobby Hamilton was slated as the first driver for Bechtel’s NASCAR Sprint Cup Series team. His first race was in the 1990 Coca-Cola 600. Bechtel’s success on the race track didn’t come until he started his NASCAR Nationwide Series program in 1995. Steve Grissom was tabbed as Bechtel’s first Nationwide Series driver. In only 15 races, he notched two wins, four top-five and seven top-10 finishes.(Diamond-Waltrip PR)(11-14-2009)
