Heraldnet.com
THURSDAY, NOVEMBER 12, 2009 8:12 am
LocalNorthwestNation & WorldPoliticsSpecial ReportsPhotosColumnistsMultimedia 
Blog
Nick Patterson
Jordan Schroeder squashes rumors
Blog
Double Team
UPDATE: NCAA National Letter of Intent signings
Meet the
2009 Silvertips
Latest gallery

Seahawks vs. Lions W 32-20
November 8. 2009 (15 photos)
[More Herald photos]
 
WEEK IN REVIEW
Wednesday


81 veterans' names, 81 meaningful lives honored...
USO singer's voice still charms them in Edmonds
Monroe honking case makes it to state Supreme C...
Tuesday


Fire destroys Emory's restaurant
Peggy Pritchard Olson always put Edmonds first
Camano Island burglaries spike: Is Colton back?
Monday


Tree clearing, mud slide angers Everett neighbor
Later start for school day unlikely in Marysville
Hopes for Snohomish excursion train may hinge o...
Sunday


Glacier Peak freshman overcomes jitters to win ...
Gay marriage issue can wait, say Referendum 71 ...
Cities across south Snohomish County see tax re...
Saturday


Thousands honor slain Seattle police officer Ti...
Suspect identified in Seattle police killing
Mountlake Terrace thrilled by high school's fir...
Friday


Officer Timothy Brenton. Gone, but not forgotten
Person sought in officer's killing is shot in head
Thousands to pay respects to slain Seattle poli...
Thursday


Tale of 1916 Everett Massacre retold in style o...
Reservist survived Iraq but not his return to c...
Swine flu suspected in infant’s death
 

ADVERTISEMENT

Sports   Print This Article  Email This Page  Subscribe Now! facebook digg reddit del.icio.us fark stumble

Associated Press  (click to enlarge)
In this Feb. 9, 2008, file photo, Dario Franchitti, of Scotland, sits in his car during practice for the NASCAR Daytona 500 auto race at Daytona International Speedway in Daytona Beach, Fla. Co-owner Chip Ganassi has ceased operation of Franchitti's race team because of a lack of sponsorship. The 2007 Indy 500 winner and IndyCar Series champion, who drives Ganassi's No. 40 Dodge, has struggled in his first NASCAR season.
 
ADVERTISEMENT

 
CONTACT THE HERALD
Report scores and results to 425-339-3470 or 1-866-6-SCORES (Call after 4:30 p.m.)
E-mail information including items for Tuesday's Communities Sports Roundup and Thursday's Outdoor Calendar, to sports@heraldnet.com
Kevin Brown, Sports Editor
kbrown@heraldnet.com
 
Published: Tuesday, July 1, 2008

Ganassi shuts down Franchitti's Cup series team

CHARLOTTE, N.C. — NASCAR team owner Chip Ganassi shut down Dario Franchitti's race team Tuesday because of a lack of sponsorship, putting the former IndyCar Series champion's future in doubt.

Franchitti, the 2007 Indianapolis 500 winner and series champion, has struggled in his first NASCAR season driving Ganassi's No. 40 Dodge. He ranks 41st in the driver standings, failed to qualify for races in Texas and Sonoma, Calif., and missed five with a broken ankle he suffered in a Nationwide Series crash at Talladega.

The poor performance came as Ganassi has searched all season for a sponsor for his third NASCAR team. Longtime sponsor Coors Light left at the end of last season, and Ganassi was unable to secure funding despite releasing David Stremme for the more marketable Franchitti.

"If I keep going I run the risk of dragging the other two teams down. I don't want to do that," Ganassi told the Associated Press. "There's no money. It makes no sense to be running this out of my pocket. I had to put a stop to it."

Ganassi's other two Sprint Cups teams are driven by Juan Pablo Montoya, in his second NASCAR season, and Reed Sorenson, who's in the final year of his contract. Montoya is 20th in the standings and Sorenson is 32nd.

The entire No. 40 team was shut down, which resulted in 71 layoffs that included managing director of operations John Fernandez, Ganassi said. Steven Lane, crew chief for Franchitti's team, was not among those laid off.

Ganassi said Franchitti was disappointed but understood the decision, and the two have to discuss down the road what Franchitti will do for the rest of the season. One possibility is Franchitti could drive for Ganassi in the Nationwide Series, but promising development driver Bryan Clauson is scheduled to drive the car this weekend at Daytona International Raceway.

The decision was difficult for Ganassi, who said he struggled to sleep the past week as he agonized over what to do with his slumping race team. His IndyCar operation is soaring — Scott Dixon and Dan Wheldon have combined to win five of 10 races this season, including Dixon's Indy 500 victory, and are ranked first and third in the standings. But the NASCAR team has struggled most of the year.

Montoya and Sorenson have scored just a pair of top-10s each, while Franchitti's best finish was 22nd at Martinsville Speedway.

For Ganassi, a Pittsburgh-based team owner whose only business is racing, he reached a point where he and co-owner Felix Sabates had to stop the bleeding on Franchitti's team or risk his other two teams suffering because of it.

"This is a difficult decision for Felix and I that did not come without its share of anguish," Ganassi said. "In this tough business environment continuing to run the car without proper funding has become increasingly difficult."

Mike Accavitti, director of the Dodge Brand for Dodge Motorsports, viewed the closure of the No. 40 team as a tough decision necessary to improve the Ganassi program.

"We support Chip, Felix and their organization as they make decisions to solidify their overall program and achieve their objective of winning races and competing for the Sprint Cup," Accavitti said. "Chip and Felix now have the opportunity to apply additional resources to areas that can directly impact the on-track performance of the teams of Reed Sorenson and Juan Pablo Montoya."

It's not clear what will happen next for Franchitti, who came to NASCAR after a successful open-wheel career that saw him win 18 races in Champ Car and IndyCar. He won his first championship last season when he edged Dixon for the IndyCar title while driving for Andretti Green Racing.

The 35-year-old driver left Andretti at the end of last season to sign with Ganassi, a move that had been delayed a year. Franchitti and Ganassi had agreed for Franchitti to start his NASCAR career in 2007, but Montoya called before the deal was completed and was given the ride instead.

With sponsorship problems surrounding the No. 40, Ganassi released Stremme at the end of the season in hopes of securing funding for the likable Scotsman, who is married to actress Ashley Judd.

But the money never came in as Franchitti's adaptation to stock cars was slower than Montoya's. He had his best qualifying effort last week in New Hampshire when he started seventh, but he finished four laps down in 38th place.

The year has not been a total bust for Franchitti, though. He was part of the winning team in the prestigious Rolex 24 at Daytona sports car race, a victory that put him alongside Mario Andretti and A.J. Foyt as the only drivers to win the Indy 500, the IndyCar title, the 12 Hours of Sebring and the Rolex 24.

1. Emory’s owner fears fire was arson
2. Monroe honking case makes it to state Supreme Court
3. Vatican ponders the souls in space
4. 81 veterans' names, 81 meaningful lives honored in Snohomish
5. Hope dims that Olympics will boost region
6. Student hit in crosswalk to return
7. Smokey Point to celebrate end of roadwork
8. Death on Edmonds waterfront ruled a suicide
9. Help for young moms may continue
10. Semifinal slate sealed on ‘Dancing With Stars’
Enterprise Newspaper Snohomish County Business Journal
Bazaar Fever
Hawks proud of historic season
Olson always put Edmonds first
Honoring student veterans
‘Wheedle' author comes to Lynnwood bookshop
Mavs build early lead en route to easy win
Prep football games of the week (state playoffs)
Tears of laughter, tears of grief
Death on Edmonds beach likely a suicide
The Enterprise Online Newspaper


$5 Off
Stylecut

FREE 6 lb. Pad w/
30yd Carpet Purchase

Free Garlic Bread/Free Soda
Click here for details!

20% off Click Here*
Buy 1 Offer Click Here*

Buffet Dining
Tulalip Resort

Lube, Oil & Filter
Buy 1 - Get 1 FREE

$2 OFF
at Box Office

15% Off Your
First Time Purchase

20% Off Dinner
Up to $75 Value!

25% off Bath & Groom
New Customers

Come and Relax
Monthly Specials

Pacific Northwest
Fresh Cuisine

$1 off French Dip
$4.99 Burger Basket

QuadraFire Save $250
Free Smart-Stat

All you can Eat Buffets
Angel of the Winds

FREE Appetizer with any
purchase daily 2-6pm

Free Dessert!
Click here!

Great Food
24 Hours a Day

Island Flavors with
Finest NW Ingredients

Family Night Free Sundae
$9.99 Prime Rib

$5 OFF
Lunch or Dinner

50% off 2nd Pizza
Special Click Here!

FREE Appetizer w/
purchase of 2 entrees

Great Food
24 Hours a Day
Cedars Cafe
TODAY'S TOP JOBS
 View All Top Jobs 
Top Cars
Top Homes

ADVERTISEMENT