He made it official today announcing he's in the race.
http://www.chrisbell.com/blog/072805_announcement
He'll have a tough race ahead of him, and he recognizes that. This should be a fun race to watch.
Especially the republican primaries with Rick Perry and Carole Keaton Strayhorn. I'm sure there will be a few Rove tactics pulled, and I'm sure it's going to cost them both a fortune just to win the primary.
He is going to officially launch his campaign on August 14 in Austin.