Stewart-Haas Racing

Stewart-Haas Racing (SHR) is a prominent American professional stock car racing team competing in NASCAR’s premier and national touring series. Co-owned by three-time NASCAR Cup Series champion Tony Stewart and Haas Automation founder Gene Haas, the team made a significant impact on American motorsport from its inception in 2002 through 2024.

Early Days and Background

Founded in April 2002 as Haas CNC Racing by Gene Haas, the team initially partnered with Hendrick Motorsports for technical and engine support, running Chevy-powered cars. In 2009, Tony Stewart joined as a co-owner and driver, acquiring a 50% stake and leading to the team’s rebranding as Stewart-Haas Racing. This move brought substantial sponsorship and strengthened the team’s competitive status. SHR switched from Chevrolet to Ford engines in 2017, forming a new alliance with Roush-Yates Engines and beginning to build their own chassis in-house. The team was based in Kannapolis, North Carolina, and had an affiliation but operational independence from the Haas F1 Team.

Driver Lineup and Car Details

In its final 2024 Cup Series season, SHR fielded four cars:

• No. 4 Ford Mustang Dark Horse driven by Josh Berry

• No. 10 driven by Noah Gragson

• No. 14 driven by Chase Briscoe

• No. 41 driven by Ryan Preece

For the NASCAR Xfinity Series in 2025, the transition to Haas Factory Team was announced, with Sam Mayer driving the No. 41 Ford and Sheldon Creed piloting the No. 00 Ford. Crew chiefs for the Xfinity cars include Jonathan Toney for Creed and Jason Trinchere for Mayer. Cole Custer was confirmed to take over the lone Cup Series charter retained by Gene Haas for the newly formed Haas Factory Team in 2025, driving the No. 41 Ford Mustang with rookie crew chief Aaron Kramer.

Net Worth

Exact net worth figures for Stewart-Haas Racing as a private entity are not publicly available. However, charter sales associated with the team’s closing operations in 2024 reportedly valued around $20–25 million each, indicating substantial franchise value. Gene Haas continues investment through the Haas Factory Team beginning in 2025.

Legacy in NASCAR

Stewart-Haas Racing has been a dominant force in NASCAR’s Cup, Xfinity, and Truck Series. The team is one of the few to have won races in all three national touring divisions, placing it alongside elite organizations like Hendrick Motorsports and Joe Gibbs Racing. SHR’s drivers have included legends such as Tony Stewart himself, plus contemporary stars like Chase Briscoe and Ryan Preece. The team has had notable success in securing competitive crew chief talent, contributing to multiple championships and race victories across series.

Recent Controversies

No major controversies specific to Stewart-Haas Racing were noted in the 2024-2025 timeframe. However, the announcement of SHR’s shutdown at the end of the 2024 season resulted in 323 jobs being cut, which was a significant personnel and industry upheaval.

Key Highlights from the 2024 and 2025 Seasons

The 2024 season marked the final run for Stewart-Haas Racing as it has been known, with four full-time Cup Series cars competing and some roster shifts. The transition announced in mid-2024 culminated in restructuring to Haas Factory Team for 2025, shrinking to a single-car Cup Series effort under Cole Custer and continuing the Xfinity program with Mayer and Creed. The move signals a fresh strategic direction while aiming to build on SHR’s historic competitiveness under a new banner. Crew chiefs and management have shifted accordingly, with new leadership aiming to foster continuity and success going forward.