SHR to Close NASCAR Operation Following 2024 Season

End of an Era for Two-Time Cup-Winning Team

Joint Statement from Gene Haas and Tony Stewart

WEB Stewart-Haas Racing (SHR), the two-time NASCAR Cup Series championship-winning team, will cease operations following the 2024 season, as announced by co-owners Gene Haas and Tony Stewart in a joint statement released Tuesday afternoon.

SHR has a rich history in NASCAR's top-flight series, capturing 69 checkered flags since its formation and fielding cars for drivers such as Kevin Harvick, Kurt Busch, and Clint Bowyer.

The team's closure will mark a significant change in the NASCAR landscape, as SHR has consistently been a competitive force and a fan favorite over the years.

Reasons Behind the Closure

The specific reasons behind SHR's decision to close have not been disclosed, but industry insiders speculate that financial considerations and a desire to focus on other ventures may have played a role.

Gene Haas, co-owner of SHR and founder of Haas F1 Team, has expressed interest in expanding his Formula 1 operation in recent years, while Tony Stewart has remained active in other racing endeavors, including the Superstar Racing Experience (SRX).

Impact on NASCAR

The closure of SHR will undoubtedly have a major impact on the NASCAR Cup Series.

The team's four full-time entries will need to find new homes, while its employees will face an uncertain future.

The competition landscape could also be affected, as SHR has consistently been a top contender for wins and championships.

Conclusion

The closure of Stewart-Haas Racing is a significant moment in NASCAR history. The team has been a major force in the sport for over a decade and its absence will be felt by fans and competitors alike.

While the reasons for the closure are not fully known, it is clear that SHR's legacy will continue to be celebrated for years to come.