Magnus Racing will pause operations following January’s Rolex 24 at Daytona, team owner/driver John Potter announced Monday, citing an increase in his business commitments.
Potter, a commercial real estate and hotel property developer for the last two decades, has elected to focus his energy on the upscale hotel sector.
“Beyond the fun of racing in IMSA, those who know my business side know that my specialty in hotel development and management has continued to build over the last 15 years,” said Potter.
“In 2025, a long-time dream project will, fingers crossed, finally be rolling forward and I simply need to concentrate my time and energy in that direction for the upcoming year.
“It’s been an agonizing decision, but one that ultimately seemed necessary.”
The team, which has committed to this year’s IMSA Michelin Endurance Cup season, will continue as planned with the final two races at Indianapolis Motor Speedway and Michelin Raceway Road Atlanta with its GTD class Aston Martin Vantage GT3 Evo for Potter, Andy Lally and Spencer Pumpelly.
“Daytona is a special race for us and we’re thankful to IMSA for accepting our entry for the 2025 event,” continued Potter.
“Our intention is to then continue into 2026 or possibly select races in 2025, but the reason for the pause is to make sure my attention is less divided as business commitments ramp up, so I need to remain flexible for the time being.”
Campaigning its first full series campaign in 2010, and one of the original entrants in the WeatherTech Championship in 2014, the team has enjoyed a 15-season run that has accrued a number of accolades, including two Rolex 24 class victories and two endurance championships.
While the team will pause following the 2025 season-opener, the possibility for select events throughout the season or into the future remains an option.
“The commitment and effort of everyone on the team over recent years has been incredible,” added Potter.
“Only running the endurance rounds, many of our crew have had to balance work with our team against other commitments, leading to countless days aways from home.
“The loyalty from everyone to stick with the program says a lot about their character, and I hope we can close this current era with the results everyone has worked so hard for.”