Spire Motorsports has gone on a buying spree ahead of the 2024 season
Kyle Busch is selling his NASCAR Truck Series team and manufacturing assets to Spire Motorsports.
The deal includes all assets. The 77,000-square-foot facility that houses KBM and Rowdy Manufacturing in Mooresville, N.C has also been added in the deal.
Spire Motorsports recently purchased a third NASCAR Cup Series charter for an estimated $40,000,000, setting a record charter price, by far. Now, they have a new shop and possibly a truck team to add to their organization.
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Kyle Busch Statement
“When we started the truck Series team back in 2010, I never imagined that we would be able to win 100 races with 18 different drivers and that one day I’d be racing in the Cup Series alongside so many of the drivers that I once mentored at KBM,” Kyle Busch opened via social media.
“I owe a lot of gratitude to so many people, starting with Samantha and my family for believing in this dream that I had. It took countless hours by so many amazing people to make KBM the winningest team in Truck Series history.”
“I will always appreciate everyone that walked through the doors and gave their all to make this such a successful organization. Not only has it been the people that were employed here, but it’s also the families that supported them while they worked long hours and traveled on the weekend sacrificing time at home and missing family events.”
“And I certainly can’t say enough thanks to Toyota for the first 13 years of support and to Chevrolet for stepping up to the plate this year. Due to their commitment and that of our great sponsors, we’ve been able to compete at the highest levels and hang a lot of banners.”
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“I’m at a different point in my life now than I was back in 2010,” Busch added.
“My family has grown, my Cup Series team changed this year and our son’s racing schedule has become as demanding as my own. It’s important to me to be able to spend more time with my family and my No. 8 team at Richard Childress Racing.”
“It’ll be hard to walk away from the amazing facility that we have built. I’ll miss walking the shop floor talking with our employees, hosting our fans days in the lobby and spending countless hours there ensuring its success.”
“However, I know at this point in my life and in my career, that this is the correct decision.”
Busch concluded, “I’m confident that our assets and employees are in good hands moving forward. I don’t see the winning ways changing at all. I’ve known the Spire guys for a long time and their recent investments in NASCAR show their commitment to success.”
Spire Motorsports comment
“Spire Motorsports has tremendous respect for Kyle and Samantha Busch, their staff and everything they’ve built and accomplished at KBM over the years,” the team stated via social media.
“They created a record-setting, championship-winning race team. Those accomplishments can’t be overstated.”
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Links
Kyle Busch | Kyle Busch Motorsports | Spire Motorsports | Live Fast Motorsports | NASCAR
