ROWAN COUNTY, N.C. -- Rowan County Sheriff's Deputies executed search warrants Tuesday night at properties belonging to NASCAR driver Mike Harmon.
During the execution of the search warrants, authorities seized two cars and five trucks from a storage shed in Catawba County and Harmon's shop in Mooresville.
According to official documents, seized from the Harmon's Mooresville shop were a Ford Race Truck, a Dodge racecar and a Chevrolet racecar.
From the storage shed, authorities seized two Chevrolet race trucks and two Dodge race trucks, along with a digital media card.
The Rowan County Sheriff's Department says the vehicles belong to JJC Racing, owned by Jennifer Jo Cobb, a driver in NASCAR's truck series.
The seven vehicles have been returned to JJC Racing.
A source tells NBC Charlotte the seven stolen vehicles, once worth about $150,000 a piece, have been stripped down and now have a value of about $10,000 each.
Authorities say detectives are still in the middle of their investigation, and investigators plan to meet with the Rowan County District Attorney's Office once they're finished. They continued they're "certain" a meeting with the DAs office would not be happening "today", and therefore there will not be any arrests made in the the case just yet.
Cobb and Harmon are involved in a long-running dispute, and Harmon was arrested a couple weeks ago, accused of stealing a trailer belonging to Cobb's racing team. Harmon, a NASCAR owner and driver took to Twitter to deny responsibility for the theft from his former teammate-turned-competitor.
I want it known that I have never stolen so much as a piece of bubble gum in my life. I did not take JJC hauler, there is no video of me any— mike harmon (@hrmn8ter) May 15, 2013
Harmon, of Mike Harmon Racing, was arrested in Cleveland County on felony larceny and breaking and entering charges. Sheila Rae Rice was also arrested on the same charges. Both posted a $10,000 bond.
Three days later, authorities charged Harmon with obstruction of justice, along with Cobb's former business partner David E. Novak with obstruction of justice and conspiracy to commit felony larceny.
Rowan County Deputies say the stolen 2004 Ultra hauler and it's contents are worth around $275,000. The Mooresville race shop sent NBC Charlotte surveillance video of the hauler driving off the lot.
Harmon is a former team manager of JJC Racing.