Why did Kyle Busch sell his Truck Series team to Spire Motorsports?

Kyle Busch Motorsports have bagged three championships, over 100 wins and 85 poles.


Why did Kyle Busch sell his Truck Series team to Spire Motorsports?

Kyle Busch (Via IMAGO)

Kyle Busch has shifted gears, announcing the sale of his high-performing NASCAR Truck Series team, Kyle Busch Motorsports (KBM), to Spire Motorsports. The deal, revealed on September 27, 2023, includes the transfer of Rowdy Manufacturing assets and KBM’s sprawling 77,000-square-foot facility in Mooresville, North Carolina. 

The undisclosed transaction marks the end of an era for a team that notched an extraordinary 100 wins with 18 different drivers under Busch’s guidance. Kyle took a moment to reflect on KBM’s remarkable journey. “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,” Busch shared on KBM’s official X handle

YouTube video

Expressing mixed emotions, Busch acknowledged the difficulty of parting ways with the facility where countless victories were born.He said in a statement, “It will be hard to walk away…hosting our fan days…ensuring its success,” he noted. He stressed the sale’s timeliness, syncing with personal and professional shifts.

The decision to sell comes as Busch shifts gears in his Cup Series team and navigates the demands of his son’s racing pursuits. The statement read, “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.”

He notes “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.”

Discover: Ryan Preece confirms his stay at SHR for 2024

Spire Motorsports holds Kyle and Samantha Busch’s legacy with great regard

With the acquisition, Spire Motorsports, led by Jeff Dickerson and T.J. Puchyr, positions itself for substantial expansion. Reports indicate that Spire plans to field three full-time trucks in the upcoming season, alongside a bolstered Cup Series presence, growing from two teams to three in 2024.

Kyle Busch Motorspots truck
Kyle Busch Motorsports truck (Credits: Forbes)

Spire Motorsports, no stranger to success, recognizes the legacy left by Kyle and Samantha Busch. “They created a record-setting, championship-winning race team. Those accomplishments can’t be overstated,” Spire stated. Busch, in turn, expressed confidence in Spire’s ability to carry the torch. “I’m confident that our assets and employees are in good hands moving forward. I don’t see the winning ways changing at all.”

As KBM changes hands, Spire Motorsports steps into the driver’s seat of a formidable racing entity. Poised for a major expansion, Spire is set to field three full-time trucks in 2024, amplifying its Cup Series stable from two teams to three. The acquisition includes the prowess of Rowdy Manufacturing and the expansive Mooresville facility.

In relinquishing KBM to Spire, Kyle Busch steers toward new horizons. His gratitude echoes through the victories, legacy, and shared moments, paving the way for Spire Motorsports to carve its chapter in NASCAR’s dynamic narrative. He believes that, this is the right choice at this point in his career.

In case you missed it: