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Clint Bowyer, Harry Scott Jr. reach settlement in lawsuit

LAS VEGAS -- Clint Bowyer has settled the $2.2 million lawsuit he filed last week against former team HScott Motorsports and owner Harry Scott Jr.

In a joint statement released by Bowyer and Scott, they reached an amicable, confidential settlement. Bowyer had claimed Scott missed his past two monthly payments that totaled $1.2 million, and that Scott owed him $1 million for helping bring sponsorship to the team.

"Mr. Scott provided additional information to Mr. Bowyer, of which he was not aware, which satisfied him that the claims asserted against Mr. Scott should be dismissed," the statement said. "[Bowyer] and HScott Motorsports then reached a mutual and amicable confidential settlement as to the claims for the debt owed."

Bowyer drove for HScott in 2016 under a one-year deal, which he signed in September 2015 as a one-year stop-gap before he replaces the retiring Tony Stewart at Stewart-Haas Racing in 2017.

"I am glad our race team and Clint Bowyer ... were able to reach a quick resolution," Scott said. "I wish Clint the best of luck in his career moving forward."

Bowyer had a frustrating season, finishing 27th in the standings.

"I want to thank all the team members for their hard work all season," Bowyer said. "I'm looking forward to the 2017 season and beyond and wish Harry Scott all the best in the future."

Scott has not announced plans for 2017, but he currently has no drivers or sponsors signed for next year, indicating the team probably will discontinue Cup operations. Bowyer had filed the suit the day after the season ended, claiming Scott was liquidating his assets, and obtained a lien on property in the team's possession.