High Quality Content by WIKIPEDIA articles! Felix Sabates (born September 9, 1942) is an entrepreneur and philanthropist living in the United States. He is currently a minority shareholder in Chip Ganassi Racing, which fields teams in the NASCAR Sprint Cup Series (as Earnhardt Ganassi Racing), GRAND-AM Rolex Sports Car Series and the IZOD IndyCar Series. Sabates previously owned his own NASCAR team, Team SABCO Racing, until the end of the 2000 season when Chip Ganassi bought a majority stake in the team. Sabates` name was then added to Ganassi`s open-wheel operations.