Sport: CEO of DC Solar, a Chip Ganassi Racing sponsor, has home raided by FBI - - PressFrom - US
  •   
  •   
  •   

SportCEO of DC Solar, a Chip Ganassi Racing sponsor, has home raided by FBI

21:14  21 december  2018
21:14  21 december  2018 Source:   sports.yahoo.com

Bowyer revs up Chiefs' pregame tradition

Bowyer revs up Chiefs' pregame tradition Clint Bowyer put his trademark energy into a pre-game tradition for his hometown NFL team Sunday.

The home of the CEO of DC Solar was raided by the FBI on Tuesday. According to the San Jose Mercury News, witnesses said “at DC Solar has become a major NASCAR sponsor in recent years. The company has a Cup Series and Xfinity Series sponsorship with Chip Ganassi Racing and also

Chip Ganassi Racing sponsor DC Solar 's CEO Jeff Carpoff's home was raided by the FBI this week. What will that mean for the future sponsorship of the team, and the future of Ross Chastain's NASCAR Xfinity ride? NBC Sports has cleared color commentator Paul Tracy of any wrongdoing in an alleged

CEO of DC Solar, a Chip Ganassi Racing sponsor, has home raided by FBI© Provided by Oath Inc. Kyle Larson was sponsored by DC Solar in 13 Cup Series races in 2018. (Photo by Sean Gardner/Getty Images)

The home of the CEO of DC Solar was raided by the FBI on Tuesday.

According to the San Jose Mercury News, witnesses said “at least 20” agents came to the home of Jeff and Paulette Carpoff. The couple owns a minor league baseball team in California and Jeff is the CEO of DC Solar.

The agency confirmed that it executed search warrants on the home but did not comment on any other aspect of their investigation.

DC Solar has become a major NASCAR sponsor in recent years. The company has a Cup Series and Xfinity Series sponsorship with Chip Ganassi Racing and also has agreements at NASCAR tracks to provide solar-powered lighting.

Kurt Busch: Ganassi's 'streamlined' 2-car program was appealing

Kurt Busch: Ganassi's 'streamlined' 2-car program was appealing Kurt Busch says his move to the Chip Ganassi Racing NASCAR Cup series team for 2019 was made appealing by it being "streamlined" two-car outfit. Busch has left a four-car Stewart-Haas Racing squad spearheaded by 2018 title contender Kevin Harvick to make the switch. The new Ganassi recruit will partner Kyle Larson in 2019, replacing Jamie McMurray. The smaller operation means Busch will have more resources available to him than he would in a larger outfit.

Five-time NTT IndyCar Series champion Scott Dixon has been racing royalty for much of his spectacular career. Guardian Alarm, Michigan’s largest, privately-held security company announced today a business partnership with Chip Ganassi Racing (CGR).

Chip Ganassi Racing said Friday the team wouldn’t field an Xfinity Series car in 2019. The statement comes weeks after primary sponsor DC Solar was raided by The news of Chip Ganassi Racing ’s full-time departure from the Xfinity Series comes not long after Roush Fenway Racing president Steve

Carpoff has been an advocate for Ross Chastain, who drove three races in a DC Solar-sponsored car in the Xfinity Series in 2018. Chastain won one of those races and earned himself a full-time ride with Ganassi’s Xfinity Series team in 2019.

DC Solar was a primary sponsor for 16 Cup Series races for Kyle Larson and Jamie McMurray in 2018 and 10 Xfinity Series races for CGR’s No. 42 car. The team said it was monitoring the situation regarding the raid.

Both Ganassi and DC Solar were at the center of lawsuit earlier in 2018. Driver Brennan Poole alleged that Ganassi and management company Spire conspired to move DC Solar from his Xfinity Series car to Kyle Larson’s Cup Series car. Poole drove for CGR in the Xfinity Series and brought the company to the team.

“CGR, directly, and in secret actions and communications with Spire, began actively pursuing and developing a relationship with DC Solar with the ultimate goal of terminating the association between Brennan Poole and DC Solar and facilitating the diversion of DC Solar’s sponsorship from Brennan Poole to CGR,” the lawsuit said.

Poole parted ways with the team after the 2017 season. CGR responded to the suit in part by saying Poole never got a win with the team “despite the advantages of the best equipment in the garage.”

– – – – – – –

Nick Bromberg is a writer for Yahoo Sports.

Nemechek, Briscoe approved to run for Xfinity Rookie of Year

Nemechek, Briscoe approved to run for Xfinity Rookie of Year John Hunter Nemechek made 18 Xfinity starts in 2018 and Chase Briscoe made 17.

Federal Bureau of Investigation agents raided the Martinez [California] home of Jeff and Paulette Carpoff, owners of DC Solar and the Martinez DC Solar has remained closed since Tuesday. Earlier this year, Chip Ganassi Racing announced Ross Chastain would drive its No. 42 Chevrolet full time

Chip Ganassi Racing on Friday confirmed it is shutting down its No. 42 Xfinity Series team due to a lack of The No. 42 Xfinity team was scheduled to be sponsored in large part by DC Solar . In late December, there were multiple reports that the FBI conducted twin raids on the home of DC Solar

Follow @NickBromberg on Twitter

More from Yahoo Sports:

Josh Gordon’s career hits another bump in the road

College football’s early signing period winners and losers

Watch: Recruit’s heartwarming signing announcement

Kansas City star QB inks Hunt’s Ketchup deal

Related slideshow: 2018 NASCAR Cup Series winners (Provided by photo services)

Chip Ganassi Racing shuts down No. 42 Xfinity team in wake of FBI raid of DC Solar.
You will not see this car in the Xfinity Series in 2019. The Xfinity Series is losing cars at an alarming rate to start 2019. Chip Ganassi Racing said Friday the team wouldn’t field an Xfinity Series car in 2019. The statement comes weeks after primary sponsor DC Solar was raided by the FBI. “Due to a lack of sponsorship funding, we will cease operation of the No. 42 Xfinity team in 2019,” a team statement said.

—   Share news in the SOC. Networks
usr: 1
This is interesting!