Chip Ganassi has confirmed that his IndyCar squad will field just two entries for the 2018 season.
The team has taken the decision to reduce its number of cars from four to two for next year.
Four-time IndyCar champion Scott Dixon – who ended this season in third place in the championship – will remain for a 17th year, but it is not yet known who will complete Ganassi’s reduced line-up.
Of the team’s other 2017 drivers, Tony Kanaan is set to join AJ Foyt Racing, while the cars fielded for Charlie Kimball and Max Chilton have been cut after seven and two seasons, respectively.
“We will be returning to a two-car team beginning in 2018 with Scott Dixon in the #9 and a yet-to-be-determined second driver in the #10,” said Chip Ganassi in an official statement.
“This decision was based on the fact that we felt we needed to get back to our core business of running two championship-calibre teams.
“It was a tough decision to make as it affects a lot of people.
“With news like this comes contraction and as such we had to let a number of good people go.
“The decision was not taken lightly but we felt it was best for our business.
“It is one of the toughest things you experience as a business owner – especially because I am all-too aware that it is the people who make any company tick.
“We will be back in 2018 and ready to compete for our 12th IndyCar championship.”
The 2018 season will be the first time Ganassi has fielded only two cars since the 2010 season.
There has been speculation in recent days that Porsche World Endurance Championship ace Brendon Hartley will join compatriot Dixon for next year, with the New Zealander saying that he is “genuinely looking at IndyCars” for 2018.
Formula E race-winner and 2015 Formula 3 European champion Felix Rosenqvist could possibly join Ganassi for 2019.