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GMS Race Cars Acquires SRX Fleet and Equipment From Ray Evernham

The purchase excludes SRX intellectual property, positioning the cars for non-televised track programs.

Overview

  • The deal covers 16 fully assembled cars along with pit equipment, race-day infrastructure and selected spare parts.
  • Only physical assets changed hands, with the SRX name, trademarks and any broadcast rights retained by the original owners and no operational affiliation claimed by GMS.
  • GMS says the cars will be repurposed for premium track-day experiences, turnkey customer programs and specialty events, with detailed plans to follow.
  • GMS Fabrication will maintain and refurbish the fleet, which leadership described as a significant step for its fabrication teams.
  • The cars were designed by SRX co-founder Ray Evernham and housed at his Big Iron Garage after the series ran from 2021 to 2023 and shut down before a planned 2024 return.