Ganassi shuts #40 Team down

openwheelracer · Admin/Mod/Eyewitness

Ganassi shuts #40 Team down

openwheelracer · Admin/Mod/Eyewitness

From Jayski.com:

Felix Sabates talks about closure of #40 team: Felix Sabates spoke with Claire B. Lang on "Dialed In" on XMSN (XM Channel 144) Tuesday evening about Dario Franchitti's future with the team
CBL: You didn't have a sponsor - people forget this team was unsponsored:
Sabates: "What happened to us - we kind of got hung out to dry by Coors. Coors was with me for almost ten years and they had a management change and the new people come over and told us don't worry about it - 'Don't look for a sponsor; we're going to be back with you in 2008, 2009.' So, we never looked for any sponsors and come October they come and tell us well Coors is going to do something else. They're going to sponsor the NASCAR Coors pole and this and that so then it was too late (for the 2008 season)...so we have been running all year long without a sponsor."
CBL: Talk about the options for Dario Franchitti:
Sabates: "Dario had a hard time with it. He made a change from the Indy Racing League to come here. But truth of the matter is that he needs more seat time. We gave him an option to go in the Nationwide car because we do have a sponsor for the #40 Nationwide car. He's going to decide what he's going to do in the next few days and maybe he'll be racing in Chicago (Nationwide race July 11).....I hope he does get in the Nationwide car. He's a very talented driver and if he gets a few more months under his belt maybe we can get a sponsor for next year and we can go racing next year.
Sabates told CBL on the cost of running the team and how much he's paid to keep it running: - "It cost you $20 to $21, $22 million dollars to run a competitive team and if you run 15 races and you don't have any money coming in you have already lost $10 or $11 million dollars."
Sabates on Dario's choices: "Chip pretty much told him if he wanted to go to back to Indy that, because it doesn't cost near as much money there as it does here, and over there Chip is the Rick Hendrick of over here - so he can get a sponsor for an IRL car very easily. So he's got his choice - if he wants to drive the Nationwide Car - get some more experience, maybe we'll get a sponsor for next year or go back to the IRL -- it's up to Dario - he has a contract and we intend to honor it."
Sabates on what he thinks Dario will do: "At the end of the day - I think he will get in the Nationwide car- he needs more seat time anyway."(XM Radio PR)(7-2-2008) Comment here

openwheelracer · Admin/Mod/Eyewitness

From Jayski.com:

Franchitti undecided on future plans: Dario Franchitti isn't sure what his future holds, but the former open-wheel star said Wednesday he'd like to remain in NASCAR. Franchitti lost his full-time ride Tuesday when team owner Chip Ganassi closed down the unsponsored No. 40 Dodge 17 races into Franchitti's first season. The move also resulted in 71 layoffs. "This is not a decision he made lightly, and it shows how bad the economy is," Franchitti told The Associated Press. "And you certainly never want to see all those people lose their jobs. I know for certain Chip struggled with that -- I didn't even recognize his voice when he called me to tell me what he had to do. But the decision has been made and now I'll sit with Chip next week and decide what we're going to do going forward." Ganassi's got sponsorship on his Nationwide Series car, and has offered Franchitti that seat going forward. Ganassi also has successful teams in the IRL and Grand Am Series. Franchitti wasn't sure Wednesday what he'll do next. "Let's see what the future holds. I really just need to sit with Chip and see where his head is," he said. "But NASCAR is where I want to be. I want to be successful here and I certainly don't want it to end like this. I made a big commitment coming over here and I'd like to get in an opportunity to be successful." Franchitti said he'll skip Saturday night's race in Daytona and, after briefly considering returning to England to watch the British Grand Prix, decided to stay at his Nashville, Tenn., home this weekend clearing his head. He doesn't regret leaving the IRL for NASCAR. "When I made the decision to come here, I wasn't going to do the IndyCar thing anymore so this isn't a case of missing out on what could have been in Indy cars," Franchitti said. "That just wasn't a direction I wanted to go in. Never say never, but it's unlikely I'll go back." He's also not sure about moving to Grand-Am, where Ganassi drivers Memo Rojas and Scott Pruett are leading the standings. For now, he's waiting to see what Ganassi has available for him and is hopeful something can be worked out in NASCAR. Although the results don't show it, Franchitti and his team had made slow progress since he returned from his broken ankle four races ago. He started a career-best seventh last week in New Hampshire, but finished 38th.(Associated Press)(7-3-2008)