Chaves thanks supporters, vows to fight on after losing BHA ride

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Racing is a tough business and¬†despite his upside, potential, talent and results, Gabby Chaves has joined the all-too-long list of drivers looking to figure out what’s next for him this season.

Chaves, who won last year’s Verizon IndyCar Series and Indianapolis 500 rookie-of-the-year honors in the same year, won’t be in the merged No. 98 Andretti Autosport Honda following the partnership established between Andretti and Bryan Herta Autosport, announced on Thursday.

Chaves tweeted on Thursday that he’s in too deep and still too committed to give up hope now:

“Thnks everyone for the support. Sad day for me, I’ve devoted my entire life to this and it’s tough but I’m not giving up, too far in now,” he wrote.

Andretti has not announced a driver for the fourth car yet.

Chaves also won the 2014 Indy Lights Presented by Cooper Tires title, which propelled him into IndyCar this past year. He finished 15th in points this past year on a single-car team, but his results didn’t tell the full story as he overachieved throughout the year.