Parker Kligerman is out of a drive following a restructuring within NASCAR Sprint Cup team Swan Racing.
The squad has struck deals for both of its cars to be run by other teams but rookie Kligerman has been left on the sidelines.
Anthony Marlowe, co-owner of the #26 entry driven by Cole Whitt, has formed a partnership with BK Racing to continue running the car, with Whitt to remain at the wheel.
The #30 car, which had previously been allocated to Kligerman, has been sold to John Cohen of XxxTreme Motorsports, which is expected to run JJ Yeley.
Kligerman remains under contract to Swan, and team owner Brandon Davis said that he is keen to get the 23-year-old back onto the grid as soon as possible.
"Swan Racing is exploring any and all options to keep Parker Kligerman on track throughout the season," he said.
"We are encouraged by the response we have received from interested parties. Parker continues to be one of the most talented young drivers in NASCAR.
"He brought this racing team one of its strongest results in his first race with us, and we are certain of his success in the future."
Davis said that when it became apparent that his team was no longer financially viable, his main priority was to try to preserve as many jobs as he could. Many existing Swan crew members will move across to the new teams along with the cars.
"The team is restructuring due to a lack of additional funding," Davis said.
"However, over the past couple weeks we worked tirelessly to find an alternative to ending operations. Fortunately, we were able to find a home for the #26 team and the #30 team thanks to Anthony Marlowe and Jonathan Cohen respectively.
"Anthony and Jonathan are both young and ambitious NASCAR enthusiasts. It is important to keep them in the sport for the long term.
"Most importantly, most of the team members have the opportunity to continue their employment in the sport and to support their families. This was critically important to me."