CABARRUS COUNTY, N.C. — Kannapolis-based NASCAR team Stewart-Haas Racing detailed layoff numbers in a report surrounding the closure of the team at the end of 2024.
The layoffs were noted in a WARN report filed with the North Carolina Department of Commerce on Monday. SHR's closure will result in 323 layoffs, according to the report.
The team's employees were informed of the closure on May 28. Layoffs are scheduled to begin on Nov. 11, one day after the NASCAR Cup Series Championship race at Phoenix Raceway.
SHR employees have attended meetings about the closure, severance, benefits, and release agreements, according to the report.
The team is owned by three-time NASCAR Cup Series champion Tony Stewart and Gene Haas. SHR fields four cars in the NASCAR Cup Series and two cars in the NASCAR Xfinity Series.
Haas will own a dissolved version of the team starting in 2025 under the name Haas Factory Team. The Haas team will feature one car in the Cup Series driven by Cole Custer and two cars in the Xfinity Series driven by Sheldon Creed and Sam Mayer.
The new team will have around 90-100 employees. Some of them will be brought over from the current team, according to the report.
SHR began operations in 2009 after Stewart left his longtime ride with Gibbs to pursue a career as an owner-driver. Stewart won four races that first season and captured his third Cup Series championship in 2011 with the team, making him the first owner-driver to win a title since Alan Kulwicki accomplished the feat in 1992.
Kevin Harvick gave SHR a second title in 2014, his first year with the team. Harvick is the last driver to win a race with SHR with his win at Richmond in August 2022.
The only active driver on SHR's roster to even have a career win is Briscoe, who won his only career race at Phoenix in 2022.
Ryan Newman, Clint Bowyer, Kurt Busch, Aric Almirola, and Custer are the other drivers to win races with the team. Custer won the 2023 NASCAR Xfinity Series title with SHR.
