during practice for the Monster Energy NASCAR Cup Series I Love NY 355 at The Glen at Watkins Glen International on August 5, 2017 in Watkins Glen, New York.

Kyle Larson finds a new sponsor after losing Target


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Almost a month after losing Target as his primary sponsor, Kyle Larson and Chip Ganassi Racing have found another sponsor for at least two races.

Larson and the CGR team announced a two-race deal with First Data, and the company will sponsor the No. 42 Chevrolet at Talladega Superspeedway and Martinsville Speedway.

Related: Kyle Larson is losing a huge sponsor

First Data will also hold the naming rights to the fall race at Martinsville Speedway. The race will be called the First Data 500 for the next three years.

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Larson and Ganassi aren't sure if First Data will sponsor the No. 42 long term, but Ganassi acknowledged it is at least a possibility according to NASCAR.com.

"Obviously with Target leaving a lot of people are probably looking at what we have for the future and I think this (First Data relationship) is a great step," Ganassi said.

Ganassi said the business side of racing isn't easy, but given Larson's accomplishments this season, it's hard to imagine him having too much trouble in finding a sponsor.

Larson has three wins this season, and is currently third in the points.

(h/t NASCAR.com)

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