Tony Kanaan has lost his drive with the De Ferran Dragon outfit

Terrible news for Tony Kanaan, with the latest announcement confirming that the Brazilian has failed to stump up enough sponsorship backing for a berth at the De Ferran Dragon Racing outfit for the 2011 IndyCar championship season, which leaves the former IndyCar title holder seemingly without a drive for this year.

The fourteen-time IndyCar race-winner had a inked a deal with team owners Stephen J. Luczo, Jay Penske, and Gil de Ferran in December last year. Kanaan lost his drive at the Andretti Autosports outfit after his main backer, 7 Eleven, elected to cut back its sponsorship commitment.

“I came up with some money, but not enough for [the drive],” a devastated Kanaan is quoted.

And with the season set to kick off in just four weeks’ time, Kanaan is on a hiding to nothing to find a team with a driver vacancy and willing to offer it at the right price.

“The bottom line now is, who will give me a deal and for how many races?” he asked.

“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.”

[Image via Flickr]

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.