Two-time championship-winning and 100-race-winning organization Kyle Busch Motorsports is selling its assets to Spire Motorsports. What is next for the drivers and Spire Motorsports truck series efforts?
The Truck Series field will look wildly different than it was a few years ago. First, GMS Racing closing its doors at the end of the season and now Kyle Busch Motorsports is selling its assets to Spire Motorsports. The sale will include the Truck Series teams and Rowdy Manufacturing, the chassis building, and the CNC manufacturing operation of KBM. The building is also included in the sale.
Kyle Busch Sells Truck Series and Manufacturing Assets to Spire Motorsports
📰: https://t.co/d1LfjELVKz pic.twitter.com/fV1fANlXOn— Kyle Busch Motorsports (@KBMteam) September 27, 2023
Brief History of Kyle Busch Motorsports:
Opening its doors in 2010, Kyle Busch won eight races driving for his team. Since then, the team has won one hundred races and two titles with Erik Jones in 2015 and Christopher Bell in 2017. KBM even ran in the Xfinity Series, then Nationwide Series. The Xfinity team fielded cars for Kurt Busch, Parker Kligerman, and even Kimi Raikkonen. Kurt Busch got the lone win for the team at Richmond in 2012.
Currently, Kyle Busch Motorsports has one full-time truck with the #4 Chevrolet Silverado driven by Chase Purdy and the #51 Silverado split between Busch and Jack Wood. REV Racing has a technical partnership with KBM and has their truck, the #2 Silverado driven by Nick Sanchez, in the Truck Series playoffs.
Kyle Busch’s manufacturing company, Rowdy Manufacturing, is a part of the deal with Spire. Rowdy Manufacturing creates parts for automotive, aerospace, and racing applications. They have Haas CNC machines, 3D printers, and build chassis. It is a part of the 77,000-square-foot race shop, which Spire will be moving into.
Spire Motorsports and the Truck Series:
Since 2022, Spire Motorsports has been running part-time in the Truck Series. The #7 Silverado has had a rotating list of drivers, many being Cup Series drivers. At Martinsville in April of 2022, William Byron scored the team’s first victory, and Kyle Larson got the second at North Wilkesboro in May this year.
Spire Motorsports has been putting serious money into their NASCAR efforts recently. The Gainbridge Financial group, which has a large partnership with Andretti Global, signed a large, multi-year partnership with Spire. This has stirred up rumors of Andretti’s future involvement in NASCAR. Continuing their investment, they recently purchased the Live Fast Motorsports charter for 40 million dollars. The same weekend they announced that Zane Smith will drive for the team in 2024.
Spire is making big moves for the future. As for the future of their Truck Series team, it seems to be up in the air. KBM’s shop was building three full-time trucks and I don’t think Spire could run both Cup and Truck operations out of the new shop. I think the part-time Truck and Xfinity operations will be run out of their current location in Concord.
It also sounds like the REV Racing alliance will move to Spire. Nick Sanchez tweeted this in response to Spire’s commendation of Kyle Busch Motorsports.
Looking forward to the future👊 https://t.co/0c3KIqigi7
— Nicholas Sanchez (@Nicksanchez080) September 27, 2023
What happens to Jack Wood and Chase Purdy?
The two drivers signed to Kyle Busch Motorsports, Jack Wood and Chase Purdy have yet to announce plans for 2024. As for where they could land a ride for the next season, options seem to be limited. Unless Spire is planning on taking up the mantle for Chevrolet, replacing both KBM and GMS Racing. Niece Motorsports might have some seats available, and Wood has run with the team previously. As for Purdy, he could move to Spire to be teammates with Sanchez and whoever runs the #7 Silverado.
Kyle Busch Motorsports still has three more races to further grow their win record. Their next race is the Love’s RV Stop 250 at Talladega Superspeedway. Racing will begin at 1:00 p.m. on Saturday, October 30th.