JANUARY 31, 2005

Mo Nunn sells his cars to Hemelgarn

Former Formula 1 team owner Mo Nunn looks like he is not going to be running any more teams in the Indy Racing League with the news that he has sold his Dallaras to Ron Hemelgarn, who is returning to IRL this year with rookie driver Paul Dana. Nunn still owns a couple of G-Force chassis and could still put together a deal to run a car or two at the Indianapolis 500 although the 65-year-old will only do that if money is available.

Nunn started his own team in 2000 after helping make Target Chip Ganassi Racing become a major force in the sport with championships for Alex Zanardi and Juan Pablo Montoya in the late 1990s. Mo Nunn Racing has won races in recent years with Felipe Giaffone and Alex Barron but had a poor year in 2004 with Tora Takagi.

Nunn's wife Kathryn, who ran an Infiniti Pro Series team last year (scoring three wins with brothers PJ and James Chesson, recently sold all her cars and equipment as well.