
On 28 May, co-owners Gene Haas and Tony Stewart issued a joint statement announcing the closure of SHR at the conclusion of the 2024 NASCAR season. That involves four full-time Cup Series teams and a pair of full-time Xfinity teams - although the latter outfits are expected to continue in a different form in 2025.
Part of this statement said: “The commitment needed to extract maximum performance while providing sustainability is incredibly demanding, and we’ve reached a point in our respective personal and business lives where it’s time to pass the torch."