Ganassi's #40 team closes down

[Gtmustang88]

Chip Ganassi Racing with Felix Sabates (CGRFS) announced today that due to a lack of sponsorship funding it will cease operation of the team's #40 Sprint Cup Series (NSCS) Dodge driven by Dario Franchitti beginning this weekend in Daytona. "This is a difficult decision for Felix and I that did not come without its share of anguish," said Team Owner Chip Ganassi. "In this tough business environment continuing to run the car without proper funding has become increasingly difficult." CGRFS is committed to Franchitti's continued stockcar development and are currently in discussions with him on his racing options with the team which could include running the balance of the 2008 Nationwide season in the #40 Fastenal Dodge. Currently the #42 Texaco/Havoline/Juicy Fruit Dodge of Juan Pablo Montoya is 21st in owner points while the #41 Target Dodge driven by Reed Sorenson is sitting 31st in the standings.(CGRFS PR)(7-1-2008)

Man, that is a swift kick in the nuts.

[AndyMarquisLIVE (Premo)]