The 1.5-mile superspeedway has played host to North America's premier open-wheel championship every year since 1997, including two events per year from 1998-2004 that also featured season finales.
A visit in June was traditionally held for the majority of the tenure, including when TMS was called upon to help jump-start the IndyCar season in 2020.
In 2021, the date shifted to a double-header in May. Then, the target moved to March 20 in 2022 before settling on April 2 earlier this season.
Texas Motor Speedway Executive Vice President & General Manager Mark Faber provided a statement on not hosting an IndyCar Series race next season.
"Despite the best efforts by both Texas Motor Speedway and IndyCar, we have been unable to reach an agreement on a date that works for both parties for 2024," Faber said.
"We know this is as disappointing to our open-wheel race fans as it is to us, but we have a great working relationship with IndyCar and look forward to further discussions about the future."
The track is still expected to host one points-paying NASCAR Cup race in the 2024 season, although the date has not been finalized.
There have been rumblings of NASCAR looking to move its recent September date back to April, which potentially provided the issues in scheduling and was further compounded with the Summer Olympics pushing motorsports on an extended break from late July to mid-August next year.
For its part, TMS hosted two NASCAR rounds from 2005 to 2022, only recently returning to hosting a single event for the stock car series this year. It has hosted a NASCAR event every year since 1997.
Source: Autosport