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Franchitti to race in Nationwide Series

Chip Ganassi Racing officials have announced that Dario Franchitti will compete in the Nationwide Series next year, following a similar path to his teammate Juan Pablo Montoya in his first full season in NASCAR

The current Busch Series will be replaced by the Nationwide Series from next season.

Fastenal, a company in the industrial and construction supplies business, has been named as the sponsor for Franchitti's car in the series, having signed a multi-year deal with Chip Ganassi Racing.

"We have an exciting Nationwide Series program beginning next season with the No.40 team that will help acclimate Dario to stock car racing much like we did with Juan Pablo [Montoya] last season," said Franchitti's boss Chip Ganassi.

Earlier this year Franchitti was announced as the driver of the No. 40 Dodge in the 2008 Sprint Cup Series, replacing David Stremme.

The Scot will be the first European driver in the 59-year history of NASCAR to join the series full-time when he starts the season next February at Daytona.

Fastenal will also feature in a number of races as the sponsor of the No. 41 car of Ganassi racer Reed Sorenson in the Sprint Cup Series, where the sponsors for the IRL Indy Car Series and Indy 500 champion have yet to be announced.

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