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NASCAR trucks' Red Horse Racing shutting down

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NASCAR Camping World Truck Series owner Tom DeLoach announced Monday that his Red Horse Racing operation is shutting down.

"I tried as long as I could but I can't keep funding it out of my own pocket," DeLoach told Motorsport.com. "We've tried as best as we could but I've finally decided I may be building a bridge to no where."

The team operated for 13 seasons and captured 16 wins in 532 races including a 2012 victory at Daytona with Kingsport-based driver John King. That segment of the team shut down later that season after a lack of sponsorship.

Red Horse had two drivers, Timothy Peters and Brett Moffitt, in the top ten in points this season.

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