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Jordan Motorsports' National Guard sponsorship funding was not renewed and the team has no plans to participate in AMA Pro Superbike in 2014.
With no funded alternatives, the team is laying off its full-time employees.
That's the story a team principal was telling suppliers and contractors last week.
Jordan Motorsports riders Danny Eslick and Roger Hayden are currently exploring their options for the 2014 season.
The National Guard is also ending its involvement with AMA Pro Racing as title sponsor of the National Guard Superbike class.
Celtic Racing's Daytona SportBike and SuperSport program, which was put together in conjunction with Jordan Motorsports, is also losing National Guard sponsorship. The team fielded James Rispoli in Daytona SportBike and Corey Alexander in SuperSport this season.
Reached by phone, Jordan Motorsports' Pete Mauhar declined comment.
Additional information will be posted as it becomes available.
This just in: National Guard is continuing sponsorship programs in NASCAR and IndyCar, so this is not an across-the-board cutback of motorsports involvement: