MOORESVILLE, N.C. (Nov. 21, 2006) -- MB2 Motorsports has changed its name to Ginn Racing, effective immediately.

The name change is a result of the team's new owner Bobby Ginn, who purchased majority interest in the racing organization in July.

Regarding the pronunciation of Ginn -- it is GHIN as in the second syllable of begin.

The company's web site address is: www.ginnracing.com.

MB2 Motorsports began operations in July 1996.

Ginn Racing will field three full-time Nextel Cup teams in 2007 with drivers Mark Martin/Regan Smith sharing the No. 01 U.S. Army Chevrolet ride, Joe Nemechek in the No. 13 Chevrolet and Sterling Marlin in the No. 14 Chevrolet.

The organization will also field a full-time Busch Series team with Smith and Kraig Kinser co-driving a Ginn Racing Chevrolet.

The team's development program includes drivers Jesus Hernandez and Ricky Carmichael.

Ginn Racing is based in Mooresville, N.C.