Chip Ganassi shutting down Xfinity team.....

Races, tracks, drivers and all the drama that comes along with it
Post Reply
User avatar
Annalee
Colossal Race Fan
Colossal Race Fan
Posts: 8412
Joined: Fri Dec 30, 2016 5:26 pm
Location: Home of NASCAR
Has thanked: 219 times
Been thanked: 437 times

Chip Ganassi shutting down Xfinity team.....

Post by Annalee »

Chip Ganassi Racing shutting down XFINITY team
12:31 PM ET

Statement from Team Owner Chip Ganassi:

F.B.I. raids home of DC Solar CEO
Jeff Carpoff's attorney says the issue is related to an ongoing tax dispute.
"Due to a lack of sponsorship funding we will cease operation of the No. 42 Xfinity team in 2019. 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."

The team's Monster Energy NASCAR Cup Series program will not be affected as Kyle Larson and Kurt Busch will remain in the No. 42 and No. 1 cars respectively.
Image
User avatar
alenigma
Colossal Race Fan
Colossal Race Fan
Posts: 9017
Joined: Sat Dec 31, 2016 11:21 am
Location: W. Columbia, SC.
Has thanked: 690 times
Been thanked: 121 times
Contact:

Re: Chip Ganassi shutting down Xfinity team.....

Post by alenigma »

This is so sad. I was anticipating watching Ross Chastain vie for a championship in that car this year. I guess some folks don't realize that the IRS is the most vicious and far-reaching branch of our government.
Let the Next Generation Emerge! :s_bomb
Post Reply