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Ray Evernham sells SRX Racing assets to GMS Race Cars

JHby: Jonathan Howard09/04/25Jondean25
Superstar Racing Experience SRX Series
Dave Kallmann / Milwaukee Journal Sentinel via Imagn Content Services, LLC

Another chapter in the SRX Racing saga. Ray Evernham Enterprises has sold off the cars formerly used in the Superstar Racing Experience. The short-lived racing series, which aired on CBS and ESPN during its time, is likely dead for good now.

Unless Ray Evernham ever builds another fleet of cars, the SRX Racing Series is done for. At least, it’s done being an actual series. GMS Race Cars, an asphalt late model manufacturer and engineering company, has purchased the entire fleet and equipment from Evernham Enterprises.

So, what are they going to do with those cars? Well, they will likely be used in fan experience events, driving programs, and maybe a small race here and there. What was once a promising series quickly devolved into being parceled off multiple times.

In the statement from GMS Racing, they state that they only purchased the equipment. All SRX Racing branding, trademarks, broadcasting rights, and other business assets were not part of the deal. “GMS has no affiliation with the SRX series operations.”

Yes, this is the same GMS as in Petty GMS. Joey Cohen was at Legacy Motor Club until last year. Mike Beam is still the President at Legacy. Cohen is President of GMS Race Cars. Beam is also President of GMS Fabrication. Both are heavily involved in this acquisition.

What a sage for SRX Racing. A fun, short-lived experience that will likely have some fans wondering “what if” for many years to come.

SRX Racing has gone through many iterations

From CBS Saturday nights to ESPN Thursday nights, SRX Racing had a legitimate interest in the product. A short, summer racing series featuring drivers from all forms of motorsports. It was a fun experiment that also showed off short track racing in a light this generation hasn’t gotten much of.

Since ceasing operations in the middle of the scheduled release in 2024, the series has undergone a few controversies. Skip Barber Racing School bought the series, at least, they announced that they had. That sale didn’t work out, and a lawsuit was filed in response.

Ray Evernham got his hands on the cars and equipment after that. Now, GMS Race Cars is ready to take those cars and repurpose them once again. Will we ever see SRX as a brand exist again? Or is this the final nail in the coffin?