In a stunning announcement, Stewart-Haas Racing (SHR) revealed on Monday morning that the organization will cease operations following the conclusion of the 2024 season. The news was delivered through a joint statement from co-owners Gene Haas and Tony Stewart, marking the end of an era for one of NASCAR’s most prominent teams.
Once a dominant force in the NASCAR Cup Series, SHR earned two championships, the most recent a decade ago. The decision to close the team comes as a surprise to many in the racing world, especially considering the team’s past successes and high-profile drivers over the years.
The statement provided few details about the reasons behind the closure, though speculation points to financial challenges and the shifting dynamics within the sport. Stewart and Haas expressed their gratitude to the fans, drivers, and team members who have supported SHR throughout its journey.
“It’s never easy to say goodbye, but we’re proud of what we’ve accomplished,” the statement read. “We will always cherish the memories, and we’re committed to finishing the 2024 season with everything we’ve got.”
As the team prepares for its final season, Stewart-Haas Racing will look to close out on a high note, bidding farewell to the NASCAR Cup Series after over a decade of competition.
