|King won the Daytona opener.|
Red Horse Racing announced today that it has suspended operations of its No. 7 NASCAR Camping World Truck Series team driven by rookie of the year contender, John King, effective immediately.
A brief, written statement from the team said, “Due to lack of sponsorship, the No. 7 will be cutting back its program until further notice.” King scored an upset victory in the 2012 season opener at Daytona International Speedway, and is currently ranked 13th in championship points after crashing out en route to a 33rd place finish in the North Carolina Education Lottery 200 at Charlotte Motor Speedway on May 18.
Red Horse Racing will continue to operate the No. 17 Toyota driven by Timothy Peters and the No. 11 entry driven by former series champion Todd Bodine.
Red Horse Racing was founded in 2005 by former Mobil Oil Corporation executive Tom DeLoach and former NASCAR crew chief Jeff Hammond, and has recorded six NCWTS victories and six poles in its eight-year existence.