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"After much consideration, Chip Ganassi Racing
has determined that it will end its relationship with driver
Kyle Larson," the team said in a statement. "As we said before,
the comments that Kyle made were both offensive and unacceptable
especially given the values of our organization.
"As we continued to evaluate the situation with all the relevant
parties, it became obvious that this was the only appropriate
course of action to take."
Chip Ganassi Racing had said on Monday it was immediately
suspending Larson without pay over the incident, which occurred
during Sunday's virtual race.
NASCAR also suspended the driver indefinitely and ordered him to
attend sensitivity training.
Larson could be heard using the slur while he was apparently
testing his microphone for the competition.
Larson, a six-time winner on the NASCAR Cup Series, issued an
apology saying there was "no excuse" for his actions, but it was
not enough to save his job.
Pressure mounted on Chip Ganassi Racing to take further action
as the team's main sponsors McDonald's and Credit One Bank on
Monday terminated their relationships with the 27-year-old
driver.
(Reporting by Steve Keating in Toronto. Editing by Toby Davis)
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