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Daly, an Indiana native, made his NASCAR Cup Series debut just last year at the Charlotte Roval.
He will drive the No. 50 The Money Team Racing Chevrolet Camaro once again as an open entry in an increasingly strong entry list for the Daytona 500. With no charter, he will have to fight his way into the 40-car field. Helio Castroneves was originally rumored to be in contention for the ride.
Daly has started nearly 100 IndyCar races, including nine of the last ten Indianapolis 500s. His best result came last year, finishing sixth. The year prior, he led a race-high 40 laps.
His NASCAR experience is limited to road courses and intermediate tracks, with four total starts between the three national divisions. This will be his first taste of superspeedway racing in a stock car.
BitNile.com will serve as a primary sponsor on the car.
At the moment, there are six open entries who have confirmed their plans to attempt the 500, which means two will be going home. Daly is up against some serious competition in qualifying and the Duel races.
Seven-time NASCAR Cup Series champion Jimmie Johnson (Legacy Motor Club) tops the list of drivers not locked in. Others include Travis Pastrana (23XI Racing), Chandler Smith (Kaulig Racing), Zane Smith (Front Row Motorsports), and Austin Hill (Beard Motorsports).