GMS Racing officials have announced it will cease operations at the conclusion of the 2023 race season. GMS Fabrication, a separate entity that has operated alongside the NASCAR Craftsman Truck Series (NCTS) race team, will also close its doors following the championship race at Phoenix Raceway.

"During the past nine years, GMS Racing has become one of the top teams in the Truck and ARCA Series garage. The people that made this happen have been the hard-working men and women at GMS Racing and GMS Fabrication. Every employee, new and old at GMS, has always strived to be the very best," said Maury Gallagher. "Without their effort and dedication, we would have never been able to win two Truck championships, three ARCA championships and 68 wins."

GMS Racing, or as it was formerly known as Gallagher Motorsports, was founded by entrepreneur and CEO of Allegiant Travel Company, Maury Gallagher, in 2012. Initially competing in the ARCA Menards Series with Gallagher's son, Spencer Gallagher, as the team's primary driver, the team grew to include part-time operations of a NCTS team. Mike Beam later joined as team president in 2015, a position he still holds today.

Gallagher announced in late 2021 that he would field a NASCAR Cup Series in 2022, purchasing controlling interest in Richard Petty Motorsports. The new team, Petty GMS, began competing in 2022 in tandem with the Truck Series teams. 

"While the ending of an era with the closing of the race team is undeniably a difficult circumstance, bright futures lie ahead. Heading into 2024, Legacy Motor Club Co-Owners Maury Gallagher and Jimmie Johnson look to strengthen the team on all fronts with their NASCAR Cup Series efforts to become a force to be reckoned with for years to come," said a team release, referencing the recent changes to the NASCAR Cup Series team.

For more information, visit the GMS Racing announcement or visit gmsracing.net.