HScott Motorsports will not field teams for the 2017 season in NASCAR’s premier series, according to a statement from the team.
HSM fielded two full-time entries for 2015-16 in NASCAR’s Sprint Cup Series, most recently with drivers Clint Bowyer in the team’s No. 15 Chevrolet and Michael Annett in the No. 46 Chevrolet.
Bowyer ended the ’16 season 27th in points; Annett placed 36th.
“Over the past several months I considered a number of options for moving forward with the team,” Scott said in the statement. “Regrettably there are no viable sponsor/driver options immediately available to allow the team to participate in 2017.”
Bowyer, who joined the team before the start of the ’16 season, was scheduled to remain with the team for only one season before moving to Stewart-Haas Racing in 2017 to replace co-owner/driver Tony Stewart in that organization’s No. 14 entry.
Officials with Bowyer’s sponsor, 5-hour Energy, announced earlier this year that the company would become the primary sponsor for Erik Jones and the No. 77 Furniture Row Racing Toyota entry in ’17.
Last month, it was announced that Annett and his sponsor, Pilot Flying J, would move to JR Motorsports to compete in the NASCAR XFINITY Series next season.
“One thing I have learned about NASCAR is that it is a ‘people business,'” Scott said. “I will be forever grateful to the men and women who worked tirelessly to make HScott Motorsports successful. …
“I love this sport and being part of it. I invested in NASCAR because I truly believe it represents the best racing competition in the world and the best people in all sports.”
The organization’s charter for its No. 15 team has been sold to Premium Motorsports, according to HSM. The No. 46 charter, which was originally leased from Premium, was returned to Premium, which in turn has sold it to Furniture Row Racing.
Charter teams are guaranteed starting positions in NASCAR premier series points races.
HScott Motorsports came into being after Scott purchased the former Phoenix Racing team from owner James Finch. The organization was originally located in Spartanburg, S.C., but moved to Mooresville, N.C., before the start of the ’16 season.
“Looking back, I will always be especially proud of the unprecedented success of our NASCAR K&N Series teams, including four consecutive championships, and for the lifelong friendships that were forged over the last seven years,” Scott said.
Seven drivers combined for 189 starts at HSM; Bowyer managed three of the organization’s four career top 10s this past season.