Jan.25 (GMM) Well-known US motor racing team owner Chip Ganassi has ruled out entering formula one.

His cars have been winners in Nascar, Indycar and US sports car racing.

So with Austin joining the calendar this year, and New Jersey to follow in 2013, might it be the ideal time for Ganassi to look into running a F1 team?

"There was a time when I would think about that," he is quoted by examiner.com.

"But now when I get that feeling I go lay down until it goes away."

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