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“Bankruptcy Incoming” – Kyle Busch Raises Skepticism as Fans and Critics Heave Questions About Legitimacy of New Owners

Published 10/01/2023, 8:05 PM EDT

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USA Today via Reuters

Ever since Spire Motorsports purchased the $40 million charter from BJ McLeod, there have been a lot of discussions regarding whether it was the right decision. While some felt like it was a good call for Live Fast Motorsports, others felt like merely purchasing charters does not guarantee a stronghold in NASCAR. After all, it all comes down to sponsorships. However, Spire Motorsports seems to have turned a deaf ear to these concerns.

Spire Motorsports co-owner Jeff Dickerson recently revealed that they were looking to purchase more charters. Moreover, they leased off Zane Smith to Trackhouse Racing for a multi-year deal. On top of that, Spire Motorsports has recently purchased Kyle Busch’s Truck Series team. It is quite normal for the entire community to be curious about the source of this sudden spending spree.

Bob Pockrass laid out the question that fans have been meaning to ask Jeff Dickerson

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FOX Sports journalist Bob Pockrass could not contain his awe at the latest news revolving around Kyle Busch and his Truck Series race team. In a recent press release, Pockrass asked Dickerson if he had an investor who was supplying these copious amounts of money. The co-owner, however, chose to reframe the question in his own way.

After pausing for a while, he smiled and said, “Here’s what I hear. It’s not about the transaction; or the structure. I think what you are asking is are you guys for real? Or something must be going on behind the scenes there.” However, he admitted he did not care about the skepticism that the transaction birthed. He declared, “From the first time that we announced the deal with the 78, I’m all for skepticism.”

“I think some of it is healthy. I don’t know how many more of these deals we have to do before people know we are for real.”

In a recent tweet, Kyle Busch acknowledged that he is at a different point in his life than he was back in 2010. He explained, “My Cup Series team changed this year and our son’s racing schedule has become as demanding as my own.”

Rowdy felt like it was more important for him to spend time with his family and the number 8 RCR team. He wrote, “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.” However, fans don’t seem convinced about the recent changes.

Fans express lack of confidence in the new owner of Kyle Busch Motorsports: “Don’t trust that Jeff guy”

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Since its inception in 2010, Kyle Busch Motorsports has won 100 races and two Championship titles with Erik Jones in 2015 and Christopher Bell in 2017. Besides the Truck Series, KB Motorsports has also participated in the NASCAR Xfinity Series, fielding cars for Kurt Busch, Parker Kligerman, and former F1 champion Kimi Raikkonen. But when the two-time NASCAR Cup Series champion Kyle Busch sold off his assets to Spire Motorsports, the fans couldn’t help noticing how unusual the entire transaction was.

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Someone wrote, “Bankruptcy incoming,” on Twitter, while another just looked out for Kyle Busch saying, “As long as Kyle gets his money, that team is up to something. Don’t trust that Jeff guy. He looks shady as hell.”

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The fans felt like Kyle Busch was hiding something from the media. On that note, a fan wrote, “Watching Kyle’s eyes and mannerisms when Bob mentions investors leads me to believe something is up… dunno what… but something going on that is not public knowledge.”

“Kyle knows that dude is lying about where the money is coming from,” said another. Someone joked and commented, “He also wants you guys to know that they are for real, and he doesn’t know what it’s going to take for those type of questions to stop being asked.”

While another said, “He completely dodged the question!”

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Earlier, Rowdy had said that after he was done racing, he would shift his sole attention to the management of his team. And now, with his demotion from owner to consultant, what are your feelings about the future of KB Motorsports? Let us know in the comments below.

Kyle Busch Declares His Way to Race to Be Better, Unlike Former Teammate’s

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Written by:

Soumyadeep Saha

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Soumyadeep is a NASCAR writer at EssentiallySports. He has done his Master's in English Literature and is a semi-professional bodybuilder. He has, in recent years, channelized his love and commitment for motorsports into a building career path.
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Edited by:

Nischal Kandpal