This paper presents a novel bearingless switched reluctance motor (BLSRM) with decoupled torque and suspending stator poles. BLSRM is different from conventional bearingless switched reluctance motors (SRMs) because its suspending poles are separated from the torque poles. Perpendicularly placed suspending poles are designed to produce a continuous radial force to suspend the rotor. Due to the independent suspending and torque poles, BLSRM produces a suspending force with excellent linearity according to the rotor position and independent characteristics of the torque current. The air-gap is easier to control than in conventional SRMs with their linear and independent characteristics. Furthermore, to verify the proposed structure, a mathematical model for the suspending force is derived. Finite element analysis is also employed to compare BLSRM and conventional SRMs expressions of suspending force. A prototype motoris designed and manufactured to verify the effectiveness of the proposed bearingless structure.