Stewart-Haas Racing to close NASCAR teams at end of 2024 season

The announcement comes after nearly a year of rumors that the team was looking to sell its charters and either scale back or exit the series completely.CHARLOTTE, N.C. — Stewart-Haas Racing, a two-time NASCAR championship team with 69 Cup Series victories since its 2009 formation, will close its organization at the end of this season.

“Stewart Haas has been home to my family and I for the last 7 years and at the end of the year myself and the entire organization will be looking for a new home and new opportunities in the Cup series,”Stewart Haas has been home to my family and I for the last 7 years and at the end of the year myself and the entire organization will be looking for a new home and new opportunities in the Cup series.

The team also is set to lose some of its support from Ford at the end of the season, although Mark Rushbrook, the global director of Ford Performance, told The Associated Press last week he had no idea what SHR's plans are beyond this year. The NASCAR team is primarily run by Joe Custer, the chief operating officer and longtime Gene Haas confidant. His son, Cole, won the Xfinity championship last year for SHR.

Part of Haas' F1 team is run from the Kannapolis-based shop and it is unclear if that will continue or if Haas has plans to also depart from F1.

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