INDIANAPOLIS Juncos Hollinger Racing officials announced on Thursday morning the team is pausing its Indy NXT racing program to focus its attention on its NTT IndyCar Series operation.

The team issued a statement.

Our commitment to excellence in motorsport requires us to make strategic decisions that align with our brand values, the statement read. While we have made the difficult choice to pause our Indy NXT program, this decision allows us to concentrate our resources where they can be most effective.

While stepping back from Indy NXT series temporarily, the team will continue to evaluate opportunities for future participation in the series. Juncos Hollinger Racing remains committed to its IndyCar program and will announce future developments as they emerge.