Superstar Racing Experience announced in a statement Thursday that the series' fourth season of racing has been postponed.
"It is with deep disappointment that we announce the postponement of SRX's fourth season," reads the statement. "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"
While it appears this means there will be no SRX racing during 2024, the series still hopes to return in the future.
"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."
The SRX Series began in 2021, with Tony Stewart claiming the series' inaugural championship. Stewart has been the series' winningest driver to date, with five victories in 18 races over three years. Marco Andretti won the 2022 championship, with Ryan Newman taking the title in 2023. The 2023 season also saw the series move from Saturday night races to Thursday night broadcasts on ESPN during the six-week summer series.
2024 races for the series were scheduled at Stafford Speedway, Thunder Road International Speedbowl, Slinger Speedway, Berlin Raceway and Cedar Lake Speedway.
-Photo credit: Will Bellamy/Racing America