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Chip ganaasi racing announced it was shutting down its xfinity series program last month due to a lack of sponsorship from dc solar.
The carpoffs biggest unsecured creditor is racing driver chip ganassi whose nascar team is owed 4 3 million by onetime sponsor dc solar.
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Although dc solar sponsors select races with chip ganassi racing in the nascar cup series those cars driven by kyle larson and newcomer kurt busch will not be affected according to the team.
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Dc solar founders to plead guilty to charges related to 1 billion ponzi scheme january 24 2020 5 23 pm dc solar bankruptcy auction includes kyle larson s daytona winning car september 25 2019.
Sacramento the owners of a once mighty benicia solar company pleaded guilty friday to running what federal prosecutors describe as a massive ponzi scheme that raked in more than 900 million.
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Court filings show dc solar still owes cgr 4 3 million.
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More than 700 of dc s mobile solar units were.
It all came to a halt with the fbi abruptly raided the dc solar headquarters in addition to the home of ceo jeff carpoff back on december 18 2018.
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This is pertinent to the motorsports community because dc solar is a chip ganassi racing sponsor for both the no.