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Furniture Row Racing will return to being a single-car team in 2018

Monster Energy NASCAR Cup Series Bank of America 500 - Practice

CHARLOTTE, NC - OCTOBER 06: Erik Jones, driver of the #77 5-hour ENERGY Extra Strength Toyota, drives during practice for the Monster Energy NASCAR Cup Series Bank of America 500 at Charlotte Motor Speedway on October 6, 2017 in Charlotte, North Carolina. (Photo by Sarah Crabill/Getty Images)

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After a few months of speculation, Furniture Row Racing will contract to a single-car organization in NASCAR’s premier series next season.

In a statement Wednesday afternoon, team owner Barney Visser confirmed the move, which he had been hinting at since July. Visser has said a lack of sponsorship next year might preclude fielding the No. 77, which has been driven by rookie Erik Jones this season. It was the first time since its inception over a decade ago that Visser’s Denver-based team had fielded two Cup cars.

In 2018, Jones will return to Joe Gibbs Racing.

That will leave Martin Truex Jr.'s No. 78 Toyota as the lone entry next year for Furniture Row Racing. Here’s the statement from Visser:

As Furniture Row Racing looks ahead to the 2018 NASCAR Cup Series season, the Denver, Colo. based team is not planning to field the No. 77 Toyota as a second car entry. It is our organization’s goal to operate a two-car team in the future and we will continue to seek sponsorship funding for the No. 77. Our 100 percent focus for next season will be on the No 78 Toyota Camry, which will be driven by Martin Truex Jr.