Chip Ganassi Indycar Racing

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Chip Ganassi Racing (CGR), also known as Chip Ganassi Racing with Felix Sabates, is an automotive racing organization with teams competing in the IndyCar Series, NASCAR, the WeatherTech SportsCar Championship, Global RallyCross Championship, and the FIA World Endurance Championship. It is owned by businessman Chip Ganassi. Felix Sabates co-owns the NASCAR and Rolex Sports Car Series divisions, and Rob Kauffman also has a stake in the NASCAR operations. Mike Hull and Teresa Earnhardt formerly had ownership stakes in the team. They have won 10 Open Wheel titles (4 in CART, 6 in IndyCar) and 5 Grand-Am Road Racing championships. The team, as it is currently constituted, was formed in 2001 when Ganassi bought a majority stake in Sabates' Team SABCO racing team. In 2008, Ganassi partnered with Dale Earnhardt, Inc. to merge their NASCAR operations into one team which was co-owned by Ganassi, Sabates, and Teresa Earnhardt and operated independently from the other operations until 2013 as Earnhardt Ganassi Racing. The NASCAR team reassumed the Chip Ganassi Racing name in 2014 and the Earnhardt family no longer is connected with the team. Sabates is not connected with the IndyCar team.