The Stingrays replaced previous clubs Humberside Seahawks (1988–1999) and Hull Thunder (1999–2003). On 10 August 2010, owners Mike & Sue Pack announced that the club was ceasing operations due to a lack of funds to complete the 2010–11 season, but a takeover by Elite League rivals Coventry Blaze was confirmed on 17 August 2010, enabling the team to take its place in the Elite League for the 2010–11 season. At the end of the 2011–12 season Coventry Blaze announced their intention to sell the Stingrays. The Coventry-based ownership accepted an offer from Stingrays' bench coach Bobby McEwan in May 2012. On 24 June 2015, the club announced on its official website that it has been placed into liquidation.