Premium Motorsports will cease Truck Series operation after 2018, auction equipment

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Five days after it earned its first top five in the series, Premium Motorsports announced Thursday it will not compete in the Camping World Truck Series next season.

The team, which has fielded entries in the series in 112 starts since 2015, is making the move “to be able to focus solely on their Monster Energy NASCAR Cup Series racing program in 2019.”

Premium will finish the season with its No. 49 Chevrolet, which is sponsored by Sobriety Nation. Wendell Chavous drove it for the first 19 races of the season. He retired from competition after last weekend’s Talladega race, where he earned his first career top five.

Nine other drivers have competed for the team throughout the season.

The team will auction off most of the its assets at the end of this month.

It has retained Gavel Auction Company NCAL6177 in Mooresville, North Carolina, for an auction to be held at 10 a.m. ET on Oct. 30.