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SRX Racing suspends operations due to ‘market factors’

The series lasted three seasons on CBS and then ESPN

Superstar Racing Experience appears to have shuttered in advance of its fourth season.

The series, which was co-owned by NASCAR Hall of Famer Tony Stewart, announced that it was suspending operations on Thursday with a season poised to begin on Wednesday nights in July on ESPN for a second season.

SRX contested its inaugural season in 2021 with Stewart winning the championship. Marco Andretti captured the 2022 championship with Ryan Newman taking the crown in 2023. Each season contested of six races during the summer.

It is with deep disappointment that we announce the postponement of SRX’s fourth season. We entered the next phase of our racing series with great anticipation and excitement for what was ahead. Our expectations, however, have been tempered by market factors that have proven too much to overcome.

Time has run out to put forth the kind of events our fans, partners, drivers and tracks deserve. We’re thankful to each for their commitment, their contributions and their support as we brought a new idea to reality.

The racing industry continues to evolve and we are actively exploring strategic options for the series’ long-term potential. We made this announcement now to allow our partners the time and flexibility to best serve their interests. We will provide updates on future plans for SRX when they’re available.

SRX statement

The season was set to begin on July 11 with races at Stafford Speedway, Thunder Road Speedbowl, Slinger Speedway, Berlin Raceway and Cedar Lake Speedway. A season finale was never announced.

NASCAR Hall of Famer Ray Evernham, who was amongst the original SRX co-founders, revealed earlier in the week that he had acquired the IROC International Race of Champions brand alongside industry notable Rob Kauffman.

SRX was a sort of spiritual successor to the series, but pitting iconic racers on short tracks in identically prepared cars, instead of mainstream facilities.

Matt Weaver is a Motorsports Insider for Sportsnaut. Follow him on Twitter.

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