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Stewart-Haas Racing to Lay off as Many as 323 Employees

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Stewart-Haas Racing to Lay Off Up To 323 EmployeesIcon Sportswire - Getty Images

As many as 323 employees will be laid off at Stewart-Haas Racing when the NASCAR team shuts down at the end of the 2024 season, team executives have told the North Carolina Department of Commerce.

In a document filed with the state commerce department, SHR stated the layoffs would be effective Dec. 31 and were slated to begin Nov. 11, the day after the NASCAR Cup Series championship race in Phoenix. The employees were notified of SHR’s closing on May 28. The document also noted the employees being laid off “are not part of a union.”

Since then, team co-owner Gene Haas has announced he would retain one of the team’s four charters and field Haas Factory Team in the 2025 season. SHR “made note of the transition” in its layoff notice and stated the number of employees for the newly named company would be 90 to 100.

Ryan Preece, Chase Briscoe, Noah Gragson and Josh Berry are driving for SHR in 2024. The team has announced that Cole Custer will drive for the Haas Factory team in 2025.