Kanaan Loses Seat with De Ferran IndyCar Team

Although former IndyCar champion Tony Kanaan had announced a while back that he managed to secure a deal with De Ferran Dragon Racing for the 2011 running of the series, it has now been confirmed that the Brazilian drivers is out on the drivers' market again.

Even though both parties were aiming to make this a successful partnership for the 2011 IZOD IndyCar Series, the lack of finances once again hampered their efforts. Neither Kanaan nor Gil de Ferran managed to put in place the necessary sponsorship scheme for the new campaign, which means the former Andretti Autosport driver will have to seek some other opportunity this year.

I came up with some money, but not enough,” said Kanaan in a recent interview with the Indianapolis Star newspaper. “The bottom line now is, who will give me a deal and for how many races?

It's hard to take, especially a month before the championship starts. It's sad, but I'm going to keep fighting and go find something to drive,” added the 2004 IndyCar champion.

Of course, all is not lost for Kanaan prior to the new season, as there are plenty of teams out there with at least one vacancy for the 2011 campaign. However, the thing about late entries is that all are linked with sponsorship money, and if Kanaan had had it in the first place, he wouldn't have left the De Ferrari Dragon Racing boat.

Kanaan's parting ways with long time partners Andretti Autosport happened at the end of the 2010 campaign, when 7-Eleven withdrew its financial support for his car.
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