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SportChip Ganassi Racing shuts down No. 42 Xfinity team in wake of FBI raid of DC Solar

20:55  04 january  2019
20:55  04 january  2019 Source:   sports.yahoo.com

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

CEO of DC Solar, a Chip Ganassi Racing sponsor, has home raided by FBI Kyle Larson was sponsored by DC Solar in 13 Cup Series races in 2018. 

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 Ross Chastain was set to drive the car in 2019 after he won at Las Vegas in a three- race stint with a team in 2018. The move to shut down the car

Without funding from DC Solar , Ganassi cut the team . “Due to a lack of sponsorship funding we will cease operation of the No . 42 Xfinity team in Chip Ganassi Racing is the second organization to announce this week cuts to its Xfinity program. Roush Fenway Racing President Steve Newmark

Chip Ganassi Racing shuts down No. 42 Xfinity team in wake of FBI raid of DC Solar© Provided by Oath Inc. You will not see this car in the Xfinity Series in 2019. You won’t see the No. 16 car in the background of this picture in 2019 either. (Photo by Josh Hedges/Getty Images)

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. “This was a difficult decision for me to make and it comes with much anguish as this is a championship-caliber team (having won six races and finished second in the owners championship) and more importantly because it affects a number of good people’s livelihoods. Running a car without proper funding is difficult to do.”

Ganassi wants McMurray to continue with CGR in some capacity

Ganassi wants McMurray to continue with CGR in some capacity Chip Ganassi racing believesJamie McMurray can still benefit the NASCAR Cup series squad even after Kurt Busch replaces him in 2019. The arrival of Busch alongside existing driver Kyle Larson meant there was no place for McMurray next year, but he has reportedly been offered an off-track role and a deal to race in the Daytona 500. While a deal has yet to materialize, team owner Chip Ganassi has argued the worth of McMurray in a new role.

Chip Ganassi Racing recently announced it is shutting down one of its NASCAR teams . Chip Ganassi Racing then announced Friday that a lack of sponsorship is causing it to shut down its No . 42 Chevrolet In the wake of recent FBI raid on sponsor DC Solar , Chip Ganassi Racing is shutting

Chip Ganassi Racing shuts down their Xfinity Series 42 team for 2019 following FBI raid of sponsor DC Solar leaving Ross Chastain without a ride. Here's my

Ross Chastain was set to drive the car in 2019 after he won at Las Vegas in a three-race stint with a team in 2018. The move to shut down the car presumably leaves Chastain without a ride. It’s an incredibly unfortunate situation for a potential rising star in NASCAR who was set to get his first real shot in top-tier equipment in 2019.

The news of Chip Ganassi Racing’s full-time departure from the Xfinity Series comes not long after Roush Fenway Racing president Steve Newmark said on SiriusXM NASCAR Radio that Roush wouldn’t be fielding an Xfinity Series team in 2019. The team ran the Nos. 16 and 60 cars in 2018 and the No. 16 car was fully-sponsored by Lilly. The company said it was leaving NASCAR and Roush did not find a replacement.

Stewart-Haas Racing signs Daniel Suarez to drive No. 41 car

Stewart-Haas Racing signs Daniel Suarez to drive No. 41 car Though he hasn’t won a race in NASCAR’s premier series, Suarez has 21 top-10 finishes. “In each series Daniel has raced in, he’s advanced quickly from rookie to race winner,” SHR co-owner Tony Stewart said. “And he did it all while learning a new language and a new culture. He’s dedicated, he’s talented and we’re proud to have him as a key part of our race team.” Stewart’s fellow co-owner Gene Haas added: “We’re in racing to win and we believe Daniel Suarez can win in the NASCAR Cup Series.” MORE: 2019 Monster Energy NASCAR Cup Series: Dates, start times, TV schedule | Dale Earnhardt Jr.

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

This is supremely bogus. Not only is it awful for Chastain but awful for all the crewmen on the team . Did Ganassi even *try* to get out there and find a It's probably tough to find a sponsor at that level with just a few weeks until the start of the season. If anything, this gives team members a little time to find

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Nick Bromberg is a writer for Yahoo Sports.

Follow @NickBromberg on Twitter

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'How can we be upset?': Ross Chastain discusses losing Ganassi ride, hopeful future.
Ross Chastain spoke to the media two weeks after losing his ride at Chip Ganassi Racing because of lack of sponsorship.

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