CONCORD, N.C. -- Former Indianapolis 500 winner A.J. Foyt will field a Busch Grand National team next season with his 23-year-old son as the driver.
Larry Foyt will run the full Busch schedule next season, the two said Sunday.
"I think he's is ready for the next level," A.J. Foyt said. "I am very proud of Larry and very excited about this opportunity for him."
Foyt is buying the team from Winston Cup driver Dale Earnhardt, who currently owns the Busch team Ron Hornaday drives for. But Earnhardt is moving out of the Busch series next season so he can field three Winston Cup teams instead.
Larry Foyt is currently running in the American Speed Association series this season and is a former Formula 2000 and go-kart driver. He won his first ASA pole last month at Winchester, Ind., breaking a 20-year-old track record set by Mark Martin.
"This is a big step and a big challenge for me," Larry Foyt said. "We'll approach this first year as a learning experience. We'll have to work hard to make the races because it's so competitive."