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Lack of sponsorship forces Ganassi to shut down Franchitti's team

Updated: July 2, 2008, 5:43 PM ET
ESPN.com news services

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 ...

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