Shocking news is emerging about the future of Stewart-Haas Racing. According to reports, the NASCAR team co-owned by Tony Stewart and Gene Haas is doing much more than just selling a couple of its valuable charters – they are putting their entire racing operation and facility on the market.
Matt Weaver of Autoweek’s Motorsports reported that SHR’s “entire building and operation is said to be on the market as well” in addition to the team’s four NASCAR Cup Series charters.
Bob Pockrass of Fox Sports was the first to suggest SHR’s Kannapolis, North Carolina headquarters could be for sale. The sprawling campus currently houses two separate buildings – one dedicated to SHR’s NASCAR operation and another for its Formula 1 program with Haas F1 Team.
With Stewart-Haas Racing entering the final year of its manufacturing agreement with Ford in 2024, the team appears to have a lot of flexibility regarding its future plans. That could potentially include downsizing or even an outright sale of its racing assets and facilities.
The charter market in NASCAR has been red-hot, with teams actively seeking new charters to potentially expand operations. SHR’s four coveted Cup Series charters would likely attract significant interest and sale prices.
But Weaver’s report indicates SHR may be open to parting with much more than just its NASCAR team charters. If the entire facility is truly on the market, it raises questions about whether the operation would remain intact under new ownership or if it signals Stewart and Haas are prepared to exit racing altogether.
Fans and the industry are keeping a close watch on how this situation unfolds in the coming months. SHR’s four-car lineup of Josh Berry, Noah Gragson, Chase Briscoe and Ryan Preece could all be impacted depending on what decisions are ultimately made.
