Ethanol decline's latest casualty: Rahal-Letterman racing team
Reports came out late last week that the Ethanol Promotion and Information Council (EPIC, which is now apparently Growth Energy - more on that in a bit) will not sponsor the Rahal-Letterman Racing team for the 2009 season, potentially leaving the team out of the IRL entirely this year. Rahal is still hoping to find someone to pick up the pricey tab, though. How much does it cost? About six million dollars. That's six million the ethanol industry apparently doesn't have.
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