Joe NemechekGinn Racing, formerly MB2 racing, looked poised for a successful 2007 season. However rumors have begun to surface about potential financial problems.

First at New Hampshire, 2 cars (#13 Joe Nemechek and #14 Sterling Marlin) showed up without sponsors. Now it appears the problem may be much worse. 30 employees have been laid off and the Busch team driven by Regan Smith has been suspended.

No word on how this affects the Cup operations or if more lay offs are expected.

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10 Responses to “Money/sponsorship problems for Ginn?”  

  1. 1 Anonymous

    all is not well in Nascarland

  2. 2 gkirb

    The same thing happened to that millionare that bought D W’s team from him yeasr ago it went under right away. Just goes to show that it takes more than a lot of money to make it in Nascar

  3. 3 gkirb

    The same thing happened to that millionare that bought D W’s team from him yeasr ago it went under right away. Just goes to show that it takes more than a lot of money to make it in Nascar.

  4. 4 Axel Foley

    Man… Ginn seemed so poised to go places…

  5. 5 Mike

    go places…you mean around in circles

  6. 6 Brandon

    Did you come up with this from that other story comments about DEI buyin the 13 team? lol

    http://autoracingsport.com/nascar/dei-looking-to-buy-existing-team-13-top-target/#comments

    read the comments they say the same lol

  7. 7 Andrew

    Yea Brandon I wrote this article
    Nice find : )

  8. 8 gigolo george

    Things happen when you try to do too many things in a short amount of time. The quality suffers somewhat. You’re gonna have growing pains with a new team too. It isn’t like a microwave where you pop in the food and your meal is cooked in minutes or even seconds. Some things take time. Ask Mikey Waltrip.

  9. 9 tracey

    nascar is always having problems lately god i dont work for them!

  10. 10 gigolo george

    Did the Ginn deal go from contenders to pretenders?

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