Kyle Busch Motorsports sold to Spire Motorsports
Spire Motorsports’ buying spree ahead of the 2024 season
Spire Motorsports will purchase Kyle Busch’s NASCAR Truck Series team and manufacturing facilities.
All assets are included in the deal. In the agreement, KBM and Rowdy Manufacturing’s 77,000-square-foot Mooresville, North Carolina facility is also included.
Spire Motorsports just paid an estimated $40,000,000 for a third NASCAR Cup Series charter, breaking all previous records. Now they can expand their business with a new shop and perhaps a truck squad.
Statement from Kyle Busch
Kyle Busch Motorsports on Twitter: “Kyle Busch Sells Truck Series and Manufacturing Assets to Spire Motorsports📰: https://t.co/d1LfjELVKz pic.twitter.com/fV1fANlXOn / Twitter”
Kyle Busch Sells Truck Series and Manufacturing Assets to Spire Motorsports📰: https://t.co/d1LfjELVKz pic.twitter.com/fV1fANlXOn
Spire Motorsports comment
Spire Motorsports on Twitter: “Spire Motorsports has tremendous respect for Kyle and Samantha Busch, their staff and everything they’ve built and accomplished at KBM over the years. They created a record-setting, championship-winning race team. Those accomplishments can’t be overstated. https://t.co/a0NbnKbnI2 pic.twitter.com/GknNzjMB1W / Twitter”
Spire Motorsports has tremendous respect for Kyle and Samantha Busch, their staff and everything they’ve built and accomplished at KBM over the years. They created a record-setting, championship-winning race team. Those accomplishments can’t be overstated. https://t.co/a0NbnKbnI2 pic.twitter.com/GknNzjMB1W
This comes on the heels of Busch driving backward in Texas and should provide a spark for Spire. Busch’s truck team will join Spire, who rosters Corey Lajoie and Ty Dillon in the Spire Cup Series garage. Spire is a full-time, two-car NASCAR Cup Series race team owned by long-time NASCAR industry executives Jeff Dickerson and Thaddeus “TJ” Puchyr. They (Spire) earned their inaugural victory in its first full season of competition when Justin Haley took the checkered flag in the Coke Zero Sugar 400 at Daytona International Speedway on July 7, 2019. Less than three years later, William Byron drove Spire Motorsports’ No. 7 Chevrolet Silverado to its inaugural NASCAR Camping World Truck Series win on April 7, 2022, at Martinsville Speedway.
Busch’s team includes three other drivers, while Kyle is one of the better-known names in NASCAR. Busch owns tons of individual victories, including all-time leader in the Truck Series and Xfinity Series.
Credits: