Lack of sponsorship could shut down Swan Racing (2nd Update)

UPDATE #2 Swan Racing co-owner Anthony Marlowe tweeted on Thursday afternoon: "My mission is to ensure @ColeWhitt races in every #NASCAR Sprint Cup event this season."

04/18/14 The Swan Racing NASCAR Sprint Cup Series team released a number of employees Thursday and may not compete in the circuit's next race at Richmond International Raceway On April 26. Team employees were reportedly informed today that the team is suspending operations, and many of them are already seeking employment with other teams. Sources say there is a possibility that Whitt's #26 Toyota could be absorbed into the existing BK Racing operation, if Swan Racing is unable to continue. Godfather Motorsports

04/17/14 Swan Racing issued the following statement Thursday afternoon: "Swan Racing is in the process of reviewing its current situation and the ability to continue to compete in the NASCAR Sprint Cup Series. The team has been unable to secure the kind of sponsorship required to effectively operate the team. As a result, the team management is exploring every available option. We hope to be in position to provide a detailed update in the near future." Swan Racing