MB2 Motorsports has changed its name to Ginn Racing, effective immediately.

MB2 Motorsports began operations in July 1996 and the name change is a result of the team's new owner, Bobby Ginn, who recently purchased a majority interest.

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 organisation 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 Motocross star Ricky Carmichael.

Ginn (pronounced 'Ghin', as in the second syllable of 'be-gin') Racing is based in Mooresville, N.C.