Red Bull will decide on Speed’s future soon

Red Bull Racing plans to announce in the next month whether driver #82-Scott Speed will return to the team next year, Red Bull general manager Jay Frye confirmed Sunday at Indianapolis Motor Speedway. In his second full season of Cup racing, Speed is 26th in the standings. He was 35th last year, and while he's nine spots better in the standings and has been running at the finish of every race this year, Speed only has two top-10 finishes and has finished on the lead lap in 10 of the 20 races. "We should have some sort of announcement with him in the next month," Frye said Sunday. "We need to perform. We need to do better. We started the year off pretty strong. We kind of regressed a little bit here the last little bit. The 27-year-old Speed, who competed in Formula One in 2006 and 2007, was asked Saturday about rumors that he had signed a contract extension with the organization. "I don't know if I'm allowed to talk about it," Speed said. "We'll see." Scene Daily