Chip Ganassi Racing officials announced Tuesday the team will shut down the No. 40 Sprint Cup Series entry driven by rookie Dario Franchitti, effective immediately.

The team cited a "lack of sponsorship funding" for cutting back the No. 40 team. Ganassi's No. 41, driven by Reed Sorenson, and the No. 42, driven by Montoya, will remain full-time.


Franchitti"This is a difficult decision for [co-owner] Felix [Sabates] and I that did not come without its share of anguish," Ganassi said in a news release. "In this tough business environment, continuing to run the car without proper funding has become increasingly difficult."

Ganassi officials said they are "committed to Franchitti's continued stock-car development."

I'm not going to lie......I'm actually kind of glad this happened.

Franchitti is good and all, but he's not Cup level good.
He needs a few seasons of Nationwide series experience before he'll be truly competitive at the top level.

There are plenty of other cup quality drivers out of a ride, seems a shame that they don't pursue a good one that could bring in the sponsorship dough to keep on racing. It really don't matter to me, because my driver will never be without a sponsor. GO #24