Mark Martin to Hendrick; Office Depot to Tony Stewart

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Ever since we learned that Hendrick Motorsports scheduled a press conference this weekend at Daytona, most people believed that they would announce Mark Martin as the driver for their no. 5 car next season, and they were right. What was unclear, however, was whether it would be on a full-time basis, or if Mark would engage in another driver / mentor program to bring the young Brad Keselowski up through the ranks of the Sprint Cup Series … it turns out it may have been both.

With Jimmie Johnson and Dale Earnhardt Jr. both on-hand for Friday’s announcement, team owner Rick Hendrick announced that the team had signed Martin to a two-year deal to drive for the team. Mark will run a full schedule in 2009 in his last-ditch effort to win his elusive first Sprint Cup championship, and then he will run a 26-race schedule in 2010. Mark has finished in the top-five in points a record 12 times, and has finished runner-up on 4 occassions. Even though he will turn the ripe age of 50 years old in January, a run with Hendrick Motorsports may just give him his best shot yet to win the title.

With many moves in NASCAR’s Silly Season still up in the air, the second and third order effects of this announcement could be astronomical. Had Hendrick signed Mark Martin to just a 1-year deal, then the prospect of Tony Stewart taking over the car in 2010 after his contract with Joe Gibbs Racing expires would still be in play. However, as it now looks as though Hendrick will be grooming that seat for the future of Brad Keselowski, the only other GM team out there that could satisfy Stewart solely as a driver would be Richard Childress Racing, but heading there would be a very unlikely scenario for the two-time champ. That means that the potential deal to take over partial ownership of Haas CNC Racing could be back in play as early as next year

While it’s easy for some of us to say that Tony should just ride out the rest of his contract with Gibbs and take another look at the deal with Haas CNC sometime closer to the 2010 season, the fact of the matter is that this could be a “now or never” situation. With both Haas CNC cars currently outside of the top-35 in owner points and the sudden crisis in NASCAR sponsorship, there’s a good chance that without Tony Stewart or a name like Ryan Newman driving their cars, this team might not make it to 2010.

Joe Gibbs has stated that the talks between the team and Stewart are still focused on 2010 – not next year – and, that despite popular belief, GM has not made an offer to buyout the remainder of Tony’s contract. Yet, reports still indicate that Tony has reached an agreement that would make Office Depot the primary sponsor of his car should he make the move over to Haas CNC next season.

Another possibility that we could see play out if Tony is unable to get out of his contract with JGR early would involve either Ryan Newman or Martin Truex Jr. Newman is in his contract year with Penske Racing and has told the team that he will not re-sign unless the team’s performance improves over the next couple of months. Truex, on the other hand, had his 2009 option picked up by DEI, but Martin has since disputed the legality of the contract, which means he, too, could be available in the offseason. Both drivers have been rumored to be involved in the potential Haas CNC deal, so what we could see happen is one of those two drivers head over to Haas in 2009 to keep the team afloat until Stewart arrives in 2010.

Stewart is rumored to possibly be ready to make an announcement a few weeks from now when the series heads to Indianapolis Motor Speedway for the running of the Allstate 400. That reace is scheduled for July 27th.