Sources have told Catchfence.com’s Chris Knight that StarCom Racing has sold itsÂ NASCAR Cup Series charter and that the team will cease operations following the 2021 season.
StarCom Racing fields the No. 00 entry in the Cup Series, driven by Quin Houff. The team has had control of a charter since the beginning of the 2018 season when they rented one from Richard Childress Racing. Following the 2018 season, the organization bought the charter outright from RCR.
Houff is currently in his second season with the team. Landon Cassill drove the car full-time in 2019 after a variety of drivers raced the car in 2018. StarCom Racing made two entries late in the 2017 season.
Houff currently sits 32nd in Cup Series points. His best finish with the team is 13th in last fall’s Talladega race.
While nothing is confirmed, Spire Motorsports is reportedly interested in purchasing another charter. The organization currently owns three charters but is selling two of them to Kaulig Racing following the 2021 season. Spire Motorsports operates just two cars with their third charter being rented by TrackHouse Racing this season. TrackHouse won’t need to rent a charter beyond 2021 as they are purchasing Chip Ganassi Racing.
23XI Racing is also searching for a new charter as they are expanding to a two-car team in 2022 with Kurt Busch as the second driver. The Denny Hamlin and Michael Jordan-owned team has purchased a $3.7 million plot of land in Huntersville, North Carolina for a new race shop to house multiple cars. The team, however, is in serious talks with Front Row Motorsports on acquiring one of its two charters.
This is a developing story.