Bill Caswell, Jalopnik's very own $500 Craigslist rally driver, as part of POSRacing's F'ed-Up Express BMW E30, just won the Arse Freeze-a-Palooza LeMons race at Buttonwillow Raceway Park. Sure, it ain't Baja, but it'll do. [Facebook]

Sadly, the dreams of Baja glory by Bill Caswell, Jalopnik's $500 Craigslist rally driver, are finished. After ripping the steering rack off his homemade Baja Bimmer and limping to the latest checkpoint, he's announced defeat.

Once, Bill Caswell took a $500 BMW from Craigslist and turned it into a rally racer. Now, after much sweat, late nights and help from a few friends, Caswell's Baja Bimmer has passed inspection and will race the Baja 1000.

Our poor, demented, and possibly slightly deranged $500 Craigslist rally driver Bill Caswell has almost finished his Baja 1000 car, but he's stuck in San Diego without a truck or trailer and needs to get to Ensenada tomorrow morning. Help!

We dropped by Bill Caswell's outpost at SEMA, where he's building a Baja truck from a BMW E30 at the Miller Electric Manufacturing booth. Only two weeks before the race, and the car's still a bare frame, but who's worried?

Bill Caswell and his $500 Craigslist rally car have a new challenge: the Baja 1000. Caswell's heading to SEMA, welding together a Baja E30, then heading to Mexico. He took a break from construction to share his plans with Jalopnik.

Bill Caswell, Jalopnik's $500 Craigslist rally-car driver, competed in last weekend's New England Forest Rally. He crashed his car. Because you guys seem to like this sort of thing, we've assembled a gallery of shots from the weekend. Viva crapcan!

In last week's Garage of Horror, we shared the epic tale of a man whose life was trashed by a crappy Saturn. In response, you, the Jalopnik commentariat, got off your collective tuckus and helped him out. You guys rock!

Rally America has responded to our petition to get Bill Caswell, the $500 Craigslist rally-car driver, into ESPN's X Games. It's not happening... yet. This is the full email chain.

Despite the fervent wishes of thousands, Rally America won't let Bill Caswell, Jalopnik's $500 Craigslist rally-car driver, compete in July's X Games. These guys used to be part of the counterculture. Have they lost touch? Let's change their minds.

It's been a busy season for everyone's favorite rally-car-drivin', Mexico-invadin', low-budget nutjob. Want to help support his hairbrained schemes? Want to help get him sponsorship? Want to know what he's been up to? All that and more below the jump.

Want to win a piece of the Audi R10 that Scott Tucker raced at Le Mans? We'll randomly select a winner from the commenters on the "Audi R10 Part" thread on our official Jalopnik Facebook fan page. Details below.

This was the cockpit of Bill Caswell's $500 Craigslist rally car yesterday morning. After nearly killing himself in Mexico, Caswell decided, apropos of nothing, to enter the Pikes Peak International Hillclimb. Godspeed, Billy boy! Don't fall off the hill!

The 12 Hours of Sebring is one of the oldest motorsport events in the country, a day-long torture test that takes place on one of the roughest circuits in the world. Amazing glow-in-the-dark eye candy below the jump.

ESPN magazine talked to Bill Caswell, the man behind our $500 Craigslist rally car story, to get the skinny on what he needed to make it happen. He's also on the network's blog. Here's what it takes, kids.

The story of Bill Caswell's Craigslist-powered WRC adventure struck a chord with a lot of people, and many of you asked how you could help. Here's your chance: Want to win an XBox and a ride in a rally car?