Overall it's ok- percentage wise I would probably say 95%, with 100 being excellent.
Appearance: Nice and simple, for this type of site I guess you really don't need anything too fancy. The only thing I can recommend is to use an online news posting system. It looks to me like whenever there is a new piece of news you add it in and then FTP it. Don't do that. Check out blogger.com, it's easy to set up and updating won't be a hassle anymore. I like how when you click on a link, and new page format shows up- the appearance really is wonderful.
Navigation: Nice navigation, straight forward and to the point. Well organized.
Overall this is a really nice site, I can't really think of anything that needs to be changed, except implementing blogger on your index page.
First off I want to say thanks for the comments, it means a lot coming from peers. Fizzle, you are right I do the updates then FTP them in. I will look into getting blogger. Mad-onion, being a motorsports junkie I'm surprised you would not want to know what was updated since you were last there. That was the resoning for putting the news on the splash page. I wanted a functional splash page not just a click to enter one like what used to be there. Thanks for the comments everyone
I really enjoyed your site. Very good navigation. I did find the blue navigational links on your main page difficult to read on my 19 inch monitor before the roll over. As a photographer, I would consider taking out many of the images of the car as many are the same or very similar. 5 to 10 great images would be better than thirty similar. I hope he does well in the IRL if given the chance.