Following Hornaday's departure, Stacy Compton began driving for the team starting in 2002. After posting only three Top 20 finishes, Compton left the team, and P. J. Jones took over at the Sirius Satellite Radio at the Glen, and posted the team's best finish of fourth. Mike Wallace was then designated as driver, posting a 10th-place run at Bristol Motor Speedway. It had been originally announced Foyt would field two cars in 2003 with Wallace in the 14, and his adopted son Larry Foyt in a second car with a sponsorship from Harrah's. Unfortunately, Conseco filed for bankruptcy, leaving only one car with Larry driving. The team also switched its Cup team to Dodge with engines provided by Evernham Motorsports. Foyt only qualified for 20 races with a best finish of 16th, and finished 41st in points. Harrah's left at the end of 2003, and Larry Foyt qualified for three races in 2004, but did not obtain major sponsorship, leaving the team inactive. Later in the season, Foyt sold his owner's points to ppc Racing's new Cup team. A. J. Foyt Racing officially closed their Cup team in 2006, following an auction of the team's NASCAR equipment in August.