NASCAR Cup
Chip Ganassi Racing, Home123 end agreement
Chip Ganassi Racing with Felix Sabates and Home123 End Sponsorship Relationship CONCORD, N.C. (Nov. 7, 2006) -- Chip Ganassi Racing with Felix Sabates (CGRFS) announced today that CGRFS and Home123 have mutually chosen to terminate their ...
Published: Nov 8, 2005, 5:47 PM
Copy link
Share on Viber
Chip Ganassi Racing with Felix Sabates and Home123 End Sponsorship Relationship
CONCORD, N.C. (Nov. 7, 2006) -- Chip Ganassi Racing with Felix Sabates (CGRFS) announced today that CGRFS and Home123 have mutually chosen to terminate their sponsorship relationship.
"We have enjoyed working with Home123," said team owner Chip Ganassi. "This was a good decision for us both and our separation was amicable. We wish them well in their future endeavors."
"While we have enjoyed working with the Ganassi organization and have seen benefit in the team sponsorship, we will be refocusing our 2006 dollars in other areas," said Pat Flanagan, Chief Executive Officer of Home123 Corporation. "We are committed to having marketing programs that strategically position the Home123 brand among our target audiences. We will continue to support the racing sport as the official mortgage company of NASCAR. In addition, we continue to be excited about announcing the winner of the Home123 "Pay Off Your Mortgage Sweepstakes."
About Chip Ganassi Racing with Felix Sabates
Chip Ganassi Racing with Felix Sabates, based in Concord, N.C., currently operates four race teams in two of NASCAR's national touring divisions; three in the NEXTEL Cup Series with drivers Sterling Marlin, Jamie McMurray and Casey Mears and one in the Busch Series with driver Reed Sorenson.
About Home123
Home123 Corporation is one of America's largest providers of home mortgage loans. In the past year alone, the direct lender has helped more than 81,000 people achieve their personal financial goals by getting the loans they needed. Home123's brand promise is to help customers cut through the loan clutter: first, the company looks beyond a credit score to understand an individual situation, then offers the best home loan possible; next, it provides valuable resources to make the loan process easier; lastly, Home123 guides a customer through every step, so there are no surprises at loan closing. To find out more about Home123, please visit www.Home123.com.
-cgr-
We want your opinion!
What would you like to see on Motorsport.com?
Take our 5 minute survey.
- The Motorsport.com Team
Read and post comments
Read also :
Share Or Save This Story
Copy link
Share on Viber
Previous article Points spread tightens
Next article Chase for the Cup: Phoenix
Top Comments
There are no comments at the moment. Would you like to write one?
View More & Comment
More from
Reed Sorenson
McDowell, Richardson secure final two spots on Daytona 500 grid
NASCAR Cup
NASCAR Cup
Daytona 500
McDowell, Richardson secure final two spots on Daytona 500 grid
Can-Am Duels preview: One last shot to make the Daytona 500
NASCAR Cup
NASCAR Cup
Daytona 500
Can-Am Duels preview: One last shot to make the Daytona 500
Reed Sorenson joins Hillman Racing for Daytona 500
NASCAR Cup
NASCAR Cup
Daytona 500
Reed Sorenson joins Hillman Racing for Daytona 500
More from
Chip Ganassi Racing
Five-time IndyCar champion, first-time Indy NXT driver: Alex Palou tops IMS road course test
Indy NXT
Indy NXT
Five-time IndyCar champion, first-time Indy NXT driver: Alex Palou tops IMS road course test
Barnes: Why IndyCar’s updated licensing system fails its own integrity test
IndyCar
IndyCar
Barnes: Why IndyCar’s updated licensing system fails its own integrity test
Alex Palou to drive Indy NXT machinery in Chris Griffis Memorial Test at IMS
IndyCar
IndyCar
Alex Palou to drive Indy NXT machinery in Chris Griffis Memorial Test at IMS
Latest news
2026 MotoGP Australian Grand Prix – How to watch, session times & more
MotoGP
MGP MotoGP
Indonesian GP
36 min
2026 MotoGP Australian Grand Prix – How to watch, session times & more
Zane Smith fined $50,000 by NASCAR for ramming Carson Hocevar after Phoenix Cup race
NASCAR Cup
NAS NASCAR Cup
Phoenix II
8 h
Zane Smith fined $50,000 by NASCAR for ramming Carson Hocevar after Phoenix Cup race
FIA expects F1 races in Qatar and Abu Dhabi to continue as planned
Formula 1
F1 Formula 1
United States GP
12 h
FIA expects F1 races in Qatar and Abu Dhabi to continue as planned
TDS Racing doubles down on IMSA program with two-car LMP2 return
IMSA
IMSA IMSA 12 h
TDS Racing doubles down on IMSA program with two-car LMP2 return
Subscribe and access Motorsport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
You have 2 options:
- Become a subscriber.
- Disable your adblocker.
Subscribe now Already subscribed? Sign in here
Already disabled your adblocker?
Reload page
Manage Alerts
Subscribe