Bowyer, 41, has raced full-time at the Cup level since 2006. His career includes ten wins and over 500 NCS starts, as well as NASCAR Xfinity Series title in 2008.
He started his career with Richard Childress Racing before joining Michael Waltrip Racing in 2012, where he placed a career-best second in the championship standings.
Since 2017, he has driven the No. 14 for SHR. He's won twice with the organization with his most recent victory coming in June, 2018, at Michigan. The likely candidate to succeed him is Chase Briscoe, who currently leads the Xfinity Series field with eight wins this season.
Bowyer posted the following statement on social media, reflecting on his career and revealing his plans to join the FOX Sports broadcast booth. Following Darrell Waltrip's replacement, no replacement was hired, leaving a two-man booth with Mike Joy and Jeff Gordon.
Throughout this year, Bowyer has been in the booth for several NXS races and played a key role in the FOX Sports broadcast of the eNASCAR iRacing Pro Invitational Series events.
In what will now be his final year as a full-time Cup Series driver, Bowyer has two top-fives and ten top-tens. He also made the playoffs, but could face elimination as the Round of 12 concludes at the Charlotte Roval this weekend.