HUNTERSVILLE, N.C. - Joe Gibbs Racing has scheduled a news conference for Wednesday, and several published reports say the team will announce it has signed a deal to field Toyotas in the Nextel Cup series.
The reports, citing unidentified sources, said JGR will end its 16-year relationship with General Motors and give Toyota its first big-name team in Cup.
Team officials refused comment on the report Thursday but did confirm the news conference and that drivers Tony Stewart and Denny Hamlin are expected to be at the announcement.
'That is not something we can talk about,' said Les Unger, Toyota's motorsports manager. 'Anything on this subject at this point needs to come from the team.'
The Gibbs team has worked with GM since 1992. Stewart has won two Cup titles during that period. Former team driver Bobby Labonte also won a crown.
Gibbs will field three Cup cars next year, including one for Kyle Busch, who is leaving Hendrick Motorsports. Busch recently agreed to a three-year deal with Gibbs.