Complex sentence: The team is co-owned by Haas Automation founder Gene Haas and three-time Sprint Cup Series champion Tony Stewart, and was founded as Haas CNC Racing in 2003 after Haas, whose company was a sponsor of Hendrick Motorsports, elected to form his own team.
Split into simpler sentences: The team is co-owned by Haas Automation founder Gene Haas and 3-time Sprint Cup Series champion Tony Stewart. It was founded as Haas CNC Racing in 2003 after Haas, whose company was a sponsor of Hendrick Motorsports, elected to form his own team.