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Closure of Stewart-Haas Racing will impact over 300 employees

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Aug 21, 2024

The end of Stewart-Haas Racing at the end of the NASCAR season will lead to the loss of 323 jobs. Some of those employees may find jobs with a smaller team moving forward in 2025 with just half of the current ownership duo.

Some of the current Stewart-Haas Racing team members may remain with the new team, Haas Factory Team, which will have approximately 90 to 100 employees, according to paperwork filed with the state. Haas has owned or co-owned a Cup Series team since 2002. He founded Haas Automation in 1983 in Oxnard, California. The machine tool manufacturer now operates out of a 1.1 million-square-foot facility in southern California.

Those losing their jobs with Stewart-Haas Racing include those responsible for everything from changing the front tires of race cars to making sure the radiator keeps the engine cool. There are also fabricators, engineers, a strength and conditioning coach and truck drivers who transport the cars across the country from track to track. Those employees have had informational meetings with the owners to discuss the closure, severance and benefits, and there will be further meetings to assist employees losing their jobs, according to the company.

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