After negotiating a buyout with Andretti Autosport, former Izod IndyCar Series champion Tony Kanaan signed with de Ferran Dragon Motorsports for the 2011 season.
Now that ride with de Ferran Dragon has dissolved and Kanaan may not be competing at all in the IndyCar Series in 2011.
Kanaan's deal hinged on bringing sponsorship to de Ferran Dragon, a team owned by former Indianapolis 500 winner and Penske driver Gil de Ferran.
Kanaan couldn't string together enough sponsorship.
"I came up with some money, but not enough for (de Ferran's team)," said Kanaan, who, ironically, announced a sponsorship program Tuesday with Itaipava, a Brazilian beer company that also will support Helio Castroneves. "The bottom line now is, who will give me a deal and for how many races?"
In NASCAR terms, this may be the equivalent of Bobby Labonte's nomad journey post Joe Gibbs Racing that has seen him at Petty Enterprises, Yates Racing, TRG Motorsports, Phoenix Racing and nowRead More »from Former champion Tony Kanaan loses new ride in IndyCar Series