Newman-Haas closing doors after nearly 30 years of racing
In a brief statement on the team's website, Haas said, "The economic climate no longer enables Newman/Haas Racing to participate in open wheel racing at this time."
Newman passed away in 2008, and Haas is said to be in poor health at the moment. Even so, the operation remained strong and likely could have continued to score wins well into the future with the proper funding. The loss of the team surprised many and will likely be a major blow to the IndyCar series moving forward.
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