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IndyCar team hits sponsorship skids

Updated: January 29, 2009, 5:27 PM ET
Associated Press

Rahal Letterman Racing, which brought Danica Patrick to the IndyCar Series, needs a primary sponsor to compete in the 2009 IndyCar Series.

"Everybody knows about what's going on in this economy, and things look pretty grim," team co-owner Bobby Rahal said Thursday. "But we do have some sponsorship on board and what we're still looking for is a primary sponsor.

"That obviously isn't going to be easy to find in this environment. But we're not about to give up. We're going to keep searching ...

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