SLINGER, WISCONSIN - JULY 10: Hailie Deegan #1 drives during the Camping World Superstar Racing Experience event at Slinger Speedway on July 10, 2021 in Slinger, Wisconsin. (Photo by Logan Riely/SRX via Getty Images)
SLINGER, WISCONSIN - JULY 10: Hailie Deegan #1 drives during the Camping World Superstar Racing Experience event at Slinger Speedway on July 10, 2021 in Slinger, Wisconsin. (Photo by Logan Riely/SRX via Getty Images)

SRX Racing will not compete this year

SRX Racing announced Thursday afternoon that it will postpone this season’s events.

It says that expectations were tempered by “market factors that have proven too much to overcome” and that they are “actively exploring strategic options for the series’ long-term potential.

This comes on the heels of this weeks announcement that Ray Evernham and Rob Kauffman have purchased the rights to the IROC brand.