Stewart-Haas Racing to close after the 2024 NASCAR season

Famed NASCAR team is closing at the end of the season

Stewart-Haas Racing is a NASCAR team owned by Tony Stewart and Gene Haas. They field four teams at the NASCAR Cup Series level in addition to teams in the NASCAR Xfinity Series.

Hear from Tony Stewart and Gene Haas below.

SHR Driver Roster (Cup Series): Chase Briscoe; Josh Berry; Ryan Preece; Noah Gragson

The close of the team will put four charters on the market. This is likely to drastically reduce the value of charters n which the last sale was an estimated $40M.

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Stewart-Haas Racing statement

The following statement released Tuesday was co-written by team owners Tony Stewart and Gene Haas:

“We have made the difficult decision to close Stewart-Haas Racing at the conclusion of the 2024 season. It is a decision that did not come easily, nor was it made quickly,” Stewart-Haas Racing opened in a statement.

“Racing is a labor-intensive, humbling sport. It requires unwavering commitment and vast resources, with a 365-day mindset to be better than everyone else. It’s part of what makes success so rewarding.”

“But 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.”

“We’re proud of all the wins and championships we’ve earned since joining together in 2009, but even more special is the culture we built and the friendships we forged as we committed to a common cause — winning races and collecting trophies.”

“That is the same commitment we made to our personnel, our partners and our fans coming into this year, and that commitment will remain through the season finale at Phoenix.”

“We have tremendous respect and appreciation for all of our employees, and we will work diligently to assist them during this transition to find new opportunities beyond the 2024 race season.”

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NASCAR driver Chase Briscoe
TALLADEGA, ALABAMA – APRIL 23: Chase Briscoe, driver of the #14 Mahindra Tractors YOG Ford, walks the grid prior to the NASCAR Cup Series GEICO 500 at Talladega Superspeedway on April 23, 2023 in Talladega, Alabama. (Photo by James Gilbert/Getty Images)

Chase Briscoe statement

Chase Briscoe is the driver of the No. 14 car. He signed to the team’s Xfinity program in 2018 before being promoted to their Cup side in 2021

“Here in the parking lot of Stewart-Haas, just got the news that we’re shutting down at the end of the year,” Chase Briscoe stated.

“Crazy time, I never thought this day would come. I’ve been at Stewart-Haas for the last 7 years now. It truthfully became like home to me.”

“It feels like a family. What an incredible group of men and women at this place that just make it feel like home and make you enjoy coming to work. I just hope all the guys and gals find a great opportunity because each and every single person here deserves it.”

“This will be the last year that I drove the No. 14 car. The car that I looked up to growing up. And obviously idolized growing up.”

“Crazy times. Never thought it would happen. I have no idea what I’m doing going forward. Hopefully, can land on my feet.”

“He concluded, “We’ll see what happens going forward.”

Josh Berry statement

Josh Berry is the driver of the No. 4 car for SHR. 2024 marked his debut season with the team and his first full-time season in the NASCAR Cup Series.

“Today was a tough day for all of us,” Josh Berry opened.

“It is pretty hard to find the right words. I’m proud of our team for how they have been handling this and will going forward. RC is a true leader. We will keep racing our hearts out every Sunday.”

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Links

Tony Stewart | Chase Briscoe | Ryan Preece | Noah Gragson | Josh BerryStewart-Haas Racing | NASCAR

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