As reported on NASCAR.com:
Red Bull Racing officials confirmed Wednesday the team's contract with Scott Speed has been terminated, effectively ending a seven-year association with the brand. Earlier in the afternoon, Speed revealed on his Twitter account that he had received a termination letter as of Nov. 24.
"We have exercised our rights to end the relationship at the end of 2010," according to a statement from the team. "We wish Scott the best of luck in his career."
Speed The 27-year-old native of Manteca, Calif., finished 30th in the 2010 Sprint Cup driver's standings, scoring top-10 finishes at Atlanta in March and Daytona in July. But with Brian Vickers scheduled to return to the team following successful heart surgery -- and Kasey Kahne signed to a one-year deal before heading to Hendrick Motorsports in 2012 -- Speed found himself as the odd man out.
It "will for sure be weird being a free agent," Speed wrote.
Red Bull Racing officials confirmed Wednesday the team's contract with Scott Speed has been terminated, effectively ending a seven-year association with the brand. Earlier in the afternoon, Speed revealed on his Twitter account that he had received a termination letter as of Nov. 24.
"We have exercised our rights to end the relationship at the end of 2010," according to a statement from the team. "We wish Scott the best of luck in his career."
Speed The 27-year-old native of Manteca, Calif., finished 30th in the 2010 Sprint Cup driver's standings, scoring top-10 finishes at Atlanta in March and Daytona in July. But with Brian Vickers scheduled to return to the team following successful heart surgery -- and Kasey Kahne signed to a one-year deal before heading to Hendrick Motorsports in 2012 -- Speed found himself as the odd man out.
It "will for sure be weird being a free agent," Speed wrote.
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