Multiple outlets have reported Kyle Busch Motorsports is being sold to Spire Motorsports, with an official announcement pending.
KBM is meeting with its employees this morning and this is the expected news that Spire will purchase KBM (including the shop). Announcement expected today. https://t.co/5zmI2iZ00S
— Bob Pockrass (@bobpockrass) September 27, 2023
AND: Has Kyle Busch received an offer he can‘t refuse for KBM?
It would likely take a significant incentive to entice the 38-year-old owner of Kyle Busch Motorsports—one of the most successful Truck Series franchises in NASCAR history—to sell the organization. But the two-time Cup champion‘s life has changed dramatically since opening the doors of KBM in 2010. With a new job, two children, including son Brexton, and his burgeoning racing career, now might be the perfect time.
What would entice Busch to cut ties with an organization he built from scratch, an enterprise responsible for two truck titles, 100 wins, and the contribution to Toyota winning nine of the last 14 Manufacturer‘s Championships?
That number appears to be somewhere in the ballpark of $25 million. Rumors swirled at Bristol—amidst news of acquiring a third charter—that Spire Motorsports was in the market to expand its truck series footprint.
— Catchfence —