From Jayski.com:

Franchitti to Ganassi? Stremme out? UPDATE2: it was mentioned on SPEED's NASCAR Live that IRL driver Dario Franchitti could end up at Ganassi Racing in 2008, didn't say which team or car.

UPDATE: Chip Ganassi, reached by phone Friday, confirmed that his Nextel Cup organization did not pick up the option on David Stremme's contract to drive the #40 Dodge in 2008. Stremme is free to explore other options, but the door is still open for him to return to Ganassi. "First of all, we had an option on Stremme and I have no sponsor," Ganassi said. "When they say Coors isn't coming back -- would you sign Stremme without a sponsor? That's all I told him. I can't sign you here without a sponsor. Is he free to look elsewhere? Yes. I hope he stays with us. I hope we find something and he stays right here." Ganassi chose not to comment on speculation that open-wheel star Dario Franchitti would replace Stremme. Sources close to the team say a deal is in the works to bring Franchitti, winner of the 2007 Indianapolis 500, to NASCAR. Ganassi, though, said he's still actively seeking sponsorship for Stremme. "I was talking about another deal [for] him not an hour ago," Ganassi said.(ESPN.com)(9-7-2007)

UPDATE 2: A source close to the negotiations said Dario Franchitti will sign with Chip Ganassi Racing to drive the #40 Dodge beginning in 2008. David Stremme, the current driver of the #40, has already been told he will not have the ride next year. The source, who asked to not be identified because details of the agreement have not yet been finalized, said Ganassi and Franchitti decided to make the announcement after the end of the IndyCar Series schedule, which ends with Sunday's PEAK Antifreeze 300 at Chicagoland Speedway. He will join Juan Pablo Montoya, another former open-wheel star, a heralded rookie with Ganassi's NASCAR Nextel Cup team this season. Franchitti and Montoya tied for the CART - now champ Car - series points lead in 1999, with the Colombian driver winning the title on a tiebreaker - four more wins. Franchitti, who currently drives for Andretti Green Racing, goes into Sunday's race with a three-point lead over Ganassi driver Scott Dixon in the battle for the series title. "Right now, all I want to concentrate on is winning this championship and then winning the (Sports Car) championship next week in Utah," Ganassi said Saturday. "All this other stuff can wait until after that." Franchitti also declined to talk about the future, saying, "I'm trying to win a championship here, and that's all I want to talk about." The Scotsman works on one-year contracts, so he would become a free agent on Dec. 1. It is expected that Franchitti, who has yet to drive a stock car of any kind, will get a quick course in the sport from Ganassi, who plans, according to the source, to enter him in a series of ARCA and NASCAR Busch Series races to get him up to speed.(Associated Press)(9-9-2007)