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Owner dispute shuts down Sharp-Gallaher Racing

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According to a report from Motor Racing Network's Dave Moody, NASCAR Camping World Truck Series team Sharp-Gallaher Racing has shut its doors and laid off all but one employee after a dispute from team owners Eddie Sharp Jr. and Bill Gallaher. According to Moody, SGR employees were informed of the closure on Monday.

The report cites sources that claim the shutdown came after Gallaher attempted to oust Sharp, the founder of the team.Those sources are also claiming that the team may be restarted with Gallaher as the sole owner.

Sharp started the team that was formerly known as Eddie Sharp Racing in 2005 as an ARCA Racing Series team. ESR then took on the Camping World Truck Series in 2011 and purchased some of the assets of Kevin Harvick Inc.'s now-defunct Truck Series team. As Eddie Sharp Racing, the team won two truck races in 2012 with Justin Lofton and Cale Gale as its drivers. Lofton also claimed an ARCA championship for ESR in 2009.

Gallaher, a real estate developer, became a partner in the race team and the team was renamed Sharp-Gallaher Racing in August 2013.

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