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After drivers Scott Gaylord and Kent Stacy became among the first drivers to professional compete behind the wheel of a Miata in 1989, thousands have followed since to make the Mazda Miata MX-5 one of the most popular cars on racetracks across America to this day. It didn't take long for one of the world's largest sanctioning bodies, the SCCA (Sports Car Club of America), to create a series around what would eventually become one of the world's best-selling sports cars (over 750,000 MX-5s have been produced since 1989). Randy Pobst (who not so coincidentally is currently the driver of the #72 MAZDASPEED/TriPoint Motorsports MAZDA6 in the SCCA SPEED World Challenge Touring Car Championship) gave the Miata its first SCCA National Championship (SSC) in 1992, and the seeds were sewn for what eventually would eventually become the 2006 Sirius Satellite Radio Mazda MX-5 Cup Presented by Hankook Tires.

In 2001, the SCCA Spec Miata competition class was officially introduced and over a hundred cars were built in the first year alone. The surging popularity of that class led to the natural creation of the MAZDASPEED Cup race in 2002, with over 70 participants lined up for the start at Mazda Raceway Laguna Seca. In 2003, Niki Coello became the inaugural champion of the MAZDASPEED Miata Cup presented by Hankook. In late 2005, coinciding with the introduction of the new-for-2005 third generation Mazda MX-5, the SCCA-sanctioned Mazda MX-5 Cup was announced for the 2006 season with title sponsorship from Sirius Satellite Radio and longtime series partner Hankook tires returning to present the series.

The inaugural season of the MX-5 Cup was conducted at eight events on high-profile race weekends, alongside major series such as Champ Car, Grand Am, and Star Mazda. Starting on the May 6 at the spiritual home of Zoom-zoom, Mazda Raceway Laguna Seca, over two dozen competitors have battled for the championship in single-spec Mazda MX-5s for the first title. The season concluded on Sept 23 at Road America, but Jim Daniels of Germantown, Tenn had already wrapped up the title with a win at Miller Motorsports Park several weeks earlier to become the first SCCA Pro Racing Mazda MX-5 Cup Champion.

In 2007, the Mazda MX-5 Cup experienced growth in grid entries of 30 percent, meaning fields of 25 to 30 cars at each contest. The added talent made the championship all the more hard-fought, but the year clearly belonged to Team MER/TheAutobarn.com pilot Jason Saini. He dominated in his second stint with MX-5 Cup, winning five of eight races and wrapping up a title in round seven of eight.

Saini collected commanding wins at the Houston opener, Round Three at Mazda Raceway Laguna Seca, the doubleheader in Cleveland (he aced both of these, his home races) and the next-to-last round in Quebec, the title clincher. He also finished on the podium at Round Two on Road Atlanta and led Team MER to its second driver and team titles in as many years.

Saini was rewarded with more than a trophy for his remarkable '07 run. As part of the Mazda driver development system, Saini earned a spot with Mazda team Tri-Point Motorsports in the 2008 SCCA Pro Racing SPEED World Challenge Touring Car Championship.

2007 concluded with two major announcements for the MX-5 Cup series, first that Playboy Enterprises Inc. was signing on as the new title sponsor. Additionally, an end-of-season shootout was held among Mazda-powered SCCA and NASA National club racing champions. From the nine eligible racers, Brad Rampelberg, 2007 SCCA Spec Miata Champion, won the shootout. He was awarded a new MX-5 and all of the parts to build a 2008 MX-5 Cup car, and will be racing with the Hooverspeed Team in 2008. This is the second year Mazda has operated a shootout to place a Club Racing driver in MX-5 Cup, the first rung on the program's ladder to a professional sports car racing career.