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Chip Ganassi Racing | Franchitti's team shut down

The Associated Press reports Chip Ganassi Racing with Felix Sabates co-owner Chip Ganassi shut down driver Dario Franchitti's team because of a lack of sponsorship. Franchitti is 41st in the NASCAR Sprint Cup Series overall point standings after missing several races this season. He missed five races because of a broken ankle and he failed to qualify for two other races. His best finish this season was 22nd. " If I keep going I run the risk of dragging the other two teams down. I don't want to do that," Ganassi said. "There's no money. It makes no sense to be running this out of my pocket. I had to put a stop to it." Ganassi said Franchitti was disappointed but understood why he shut the team down and hopes that Franchitti will drive their Nationwide Series entry. Crew chief Steven Lane is still with CGR.

2008-07-01 14:00:53 | Source:

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