Entering what would be their 30th season in open-wheel racing, Newman Haas Racing announced Thursday that they will not enter cars into the 2012 IZOD IndyCar Series Season.
“The economic climate no longer enables Newman/Haas Racing to participate in open wheel racing at this time,” said Carl Haas, owner and co-founder of Newman/Haas Racing.
In 2011 Newman Haas' two drivers Oriol Servia and James Hinchcliffe finished fourth and twelfth respectively, along with earning the Sunoco Rookie of the Year honor.
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