The future of NASCAR Sprint Cup Series team Swan Racing is on shaky ground, judging from an announcement from the race team on Thursday.
“Team team has been unable to secure the kind of sponsorship required to effectively operate the team,” Swan Racing Brandon Davis said in a statement within the team’s announcement on Thursday. “As a result, the team management is exploring every available option. We hope to be in position to provide a detailed update in the near future.”
Swan Racing is currently a two-car Sprint Cup program, fielding Toyotas for Parker Kligerman (No. 30) and Cole Whitt (No. 26), both rookies in the series. The team expanded to two full-time entries for 2014 after competing with a single entry, the No. 30, full-time in 2013. David Stremme was the driver of the No. 30 for much of the 2013 season, but he was released by the team before season’s end when the organization opted to use the remainder of that season to audition young, up-and-coming drivers for 2014.
Davis purchased the former Inception Motorsports team, co-owned by Stremme, in late 2012 and renamed it Swan Racing. Whitt is currently 33rd in the Sprint Cup Series championship points standings and Kligerman 38th, eight races into the 36-race 2014 season.
The Sprint Cup Series has the Easter weekend off, with action resuming April 26 at Richmond (Va.) International Raceway. Right now, it is unknown whether or not Swan will enter that race with either or both of its cars.