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They have been in the truck series for a couple of years. It was announced Monday that they will be joining Nextel Cup (was Winston Cup) and the Busch series in 2007.<br /><br />They have been known to completely dominate a series after they enter and NASCAR is watching them very closely and has had closed door meetings with them to insure that doesn't happen. NASCAR has been excellent at controlling this sport. There is no published rulebook, so they do what they want when they want to preserve this lucrative deal.<br /><br />In the truck series Toyota provided all of the trucks to the teams that ran Toyotas. They will not be allowed to do that in 2007 as they will supply engines and technical assistance to teams, but will not supply complete "factory" race cars . . .<br /><br />Toyota's Press Release: NASCAR and Toyota announced Monday the manufacturers plans to expand its NASCAR program by competing in the NASCAR NEXTEL Cup Series and the NASCAR Busch Series starting in 2007, fielding the Toyota Camry model. The expansion will follow three years of Toyota competing in the NASCAR Craftsman Truck Series, and will result in all three of NASCARs national series having four manufacturers competing, as Toyota will join Chevrolet, Dodge and Ford.<br />NASCAR welcomes Toyota to the greatest auto racing in the world, said NASCAR Chairman and CEO Brian France, who made the announcement on Monday at NASCARS Research and Development Center in Concord, N.C. Toyotas entry into the NASCAR NEXTEL Cup Series and the NASCAR Busch Series is good for drivers, teams and the fans. This move provides for even more intense competition on the track between drivers and manufacturers, which will provide more excitement and fan interest. Toyotas entry also provides more options for drivers and teams, which will increase the competition between manufacturers.<br />Its a great pleasure to announce Toyotas entry into the NASCAR NEXTEL Cup and Busch Series with the Toyota Camry, said Dave Illingworth, senior vice president and chief planning and administrative officer for Toyota Motor Sales, U.S.A., Inc. Next year 2007 will be a special year for Toyota in more ways than one. Toyota will be celebrating its 50th anniversary in the United States, and we will be joining the NASCAR NEXTEL CUP Series, Americas premier racing series. Toyota has been an important part of the U.S. motorsports community for almost 25 years. Weve competed and won in different series and on tracks across America. Toyota drivers and teams have won championships in a variety of different series. But, if you want to compete against the best, in America that means NASCAR. We look forward to February of 2007 when the green flag waves to start the Daytona 500 and the starting lineup features the Toyota Camry.<br />Illingworth, who joined France in making the announcement, said more information regarding possible sponsor and driver lineups will be released Tuesday night, during a media gathering at Lowes Motor Speedway in Concord.<br />Toyota, which has been doing business in America since 1957, now has eight plants in the United States 14 if you count all of North America. Toyota will build approximately 1.6 million vehicles this year, including production at its new Tundra pickup plant in Texas. Toyota and its dealers now directly employ approximately 142,000 Americans. Since 1986, Toyota has built more than 12 million vehicles in the United States. More than 6.5 million Camrys have been sold in the United States and it has been the bestselling car in America for eight of the past nine years. Camrys are built at Toyota Motor Manufacturing in Georgetown, Ky.(Toyota.com)(1-23-2006)