Tony Stewart & Co’s Failing Investment Hit With Heavy Blow After Prized Ally’s Shock Exit

One of the primary reasons behind Stewart Haas Racing’s exit from NASCAR was unsustainability and financial troubles. Although Smoke had somewhat recouped some of his investment by selling three charters to the Cup Series teams, there’s no clear indication of what will happen to the Superstar Racing Experience (SRX).
Tony Stewart and veteran crew chief Ray Evernham started this venture in 2020. However, in 2024, Evernham jumped ships and played a vital role in the revival of the International Race for Champions (IROC). Sharing the reason behind his exit from SRX, he said, “I don’t believe that that path that you’re going will be successful, so I stepped aside. Unfortunately, it’s not been successful, right, and the loser is the fan.” Well, in 2024, SRX paused their racing operations without any clarity about their return.
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Although the Series hasn’t announced any plans for 2025, it looks like they’ve lost out on another important member of the leadership group. This time around, it’s their CEO, Don Hawk, who’s found his new home at the United States Auto Club (USAC). It is indeed a big setback for SRX, as last year they lost out on Ray Evernham to IROC, and in 2025, Don followed a similar path, joining USAC. Given the current state of affairs and the rising popularity of IROC, it is hard to see SRX get back on track without a major revamp or investment.
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This is a developing story.