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Chip Ganassi Racing shutting down XFINITY team

Statement from Team Owner Chip Ganassi:

“Due to a lack of sponsorship funding we will cease operation of the No. 42 Xfinity team in 2019. This was a difficult decision for me to make and it comes with much anguish as this is a championship caliber team (having won six races and finished second in the owners championship) and more importantly because it affects a number of good people’s livelihoods. Running a car without proper funding is difficult to do.”

The team’s Monster Energy NASCAR Cup Series program will not be affected as Kyle Larson and Kurt Busch will remain in the No. 42 and No. 1 cars respectively.

— Chip Ganassi Racing —