Gene Haas, founder of Haas Automation and co-owner of Stewart-Haas Racing, will continue to field a NASCAR team in 2025 with the new Haas Factory Team.

Stewart-Haas Racing, which Haas owns with NASCAR Hall-of-Famer Tony Stewart, is closing at the conclusion of the 2024.

Haas Factory Team will retain one NASCAR Cup Series legacy charter from Stewart-Haas Racing and operate a two-car NASCAR Xfinity Series team. Joe Custer will be the president of Haas Factory Team and it will operate out of the existing Stewart-Haas facility in Kannapolis, North Carolina. Drivers and team partners will be announced in the lead up to the 2025 NASCAR season.

"My commitment to motorsports hasn't changed, just the scope of my involvement," Haas said. "Operating a four-car Cup Series team has become too arduous but, at the same time, I still need a platform to promote Haas Automation and grow HaasTooling.com.

"Maintaining my presence in Cup allows Haas Automation to compete at NASCAR's highest level, which is important to our customers and distributors," Haas continued. "The Xfinity Series program provides a full weekend experience for our guests, and it delivers added depth and scale to our overall operation."

For more information, visit haascnc.com.