Spire Motorsports has purchased the assets of Kyle Busch Motorsports for 2024, Kyle Busch and Spire announced Sept. 27.
The assets of the KBM NASCAR Craftsman Truck Series team as well as Rowdy Manufacturing are included in the sale.
“Spire Motorsports has tremendous respect for Kyle and Samantha Busch, their staff and everything they’ve built and accomplished at KBM over the years,” Spire posted on X in a team statement. “They created a record-setting, championship-winning race team. Those accomplishments can’t be overstated.”
“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 [NASCAR] Cup Series alongside so many of the drivers that I once mentored at KBM,” Busch said in a release.
“I’m at a different point in my life now than I was back in 2010. 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’ve built. I’ll miss walking the shop floor talking with our employees, hosting our fan 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.”
KBM currently fields the Nos. 4 and 51 in the Truck Series, with Chase Purdy driving the former and the latter featuring a roster of drivers including Busch. Jack Wood is entered in the truck at Talladega Superspeedway this weekend.
2023 was the team’s first with Chevrolet after previously fielding Toyotas amid Busch’s tenure with Joe Gibbs Racing.
In 2023, KBM has two wins, both with Busch behind the wheel.
Spire, which fields two full-time Cup teams in the Nos. 7 and 77, also has the part-time No. 77 in the NASCAR Xfinity Series and the part-time No. 7 in the Truck Series.
“I’m confident that our assets and employees are in good hands moving forward,” Busch said. “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.”
The team’s lineup in the Truck Series has not yet been announced for 2024.
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Rutherford is the managing editor of Frontstretch, a position he gained in 2015 after serving on the editing staff for two years. At his day job, he's a journalist covering music and rock charts at Billboard. He lives in New York City, but his heart is in Ohio -- you know, like that Hawthorne Heights song.
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Good move. Best way to make a small fortune is to start with a large one and then start a racing team.
Very smart move on Kyle’s part IMO. Kyle’s truck team was good at finding new talent and Kyle never had a problem getting good paying sponsors. His truck team and other business were making him good money. Now he can just concentrate on racing, his son’s career and going home to his family every night. Rowdy has mellowed, except for his desire to win every race.