There are persistent rumors that Chip Ganassi may be in financial deep water, with his long-time sponsor Target [sponsor of #41-Reed Sorenson and sometime sponsor of #40-Dario Franchitti] likely announcing by the end of the year it will be ending its association with the race team.(Yahoo!Sports)(4-10-2008) UPDATE: Steve Eastman, Target Vice President: “The 19-year partnership between Target and Chip Ganassi Racing is one of the longest consecutive partnerships in motor sports. Our race program has proven successful and we in fact have a solid base of sponsors in place. We continue to build on the excitement and momentum around the program and look forward to celebrating our 20th anniversary next year… Any rumors regarding an end to the partnership are simply without merit.”(Target Communications)(4-10-2008) UPDATE 2: Target, according to sources, may be reconsidering its NASCAR sponsorship. Target has been sponsoring Dodge owner Chip Ganassi [#41 Reed Sorenson] for several years, though still without a major win.(Winston Salem Journal)(5-4-2008)
