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Hornish now qualified for first 5 races

Updated: February 4, 2009, 1:49 PM ET
By David Newton | ESPN.com

CONCORD, N.C. -- Bill Davis has become a minority owner of the team now known as Penske Championship Racing, a move giving Sam Hornish Jr. points that will guarantee him a spot in the season's first five races.

With the addition of Davis, the team changed its name to Penske Championship Racing from Penske Racing. Bud Denker, the senior vice president of Penske Corporation, confirmed the move on Wednesday.

Denker said Davis was brought on board to assure that Hornish and his sponsor, ...

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