Just a few hours ago, USA TODAY's Nate Ryan let the cat out of the bag, announcing that American Rally driver and DC Shoes co-founder Ken Block has confirmed a deal to run select World Rally Championship events with a newly formed Monster Energy FORD team.

Rumors about Block going to the WRC and forming a two-car team with Australian driver Chris Atkinson have been circulating since the Fall of 2009. So far, what we know is that Block will be campaigning a Ford Focus WRC this season making his debut on the Corona Rally Mexico round in early Spring and will continue to compete in the Rally America series running a Ford Fiesta. Block is realistic about his expectations and stated that 2010 will be a development year for him.

A formal public announcement has yet to be released by Ken Block Racing, Monster Energy, Ford Racing, or the WRC.

WRS will keep you posted on further developments.

You can read the FULL story on USATODAY.com here:
http://www.usatoday.com/sports/motor/2010-01-05-rally-block_N.htm?csp=us...

PHOTO: FORD Racing

Thanks to Neil McDaid and Ed Stockline for the tip.