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‘I was Dumbfounded’: Kyle Busch Reveals the Shocking Reason Behind the Sale of KBM

Published 11/03/2023, 11:13 AM EDT

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After 13 historic years, 2 drivers’ championships, and 7 owners’ championships, KBM was suddenly no more. Kyle Busch recently announced the sale of Kyle Busch Motorsports, ending the team’s extraordinary run in the Craftsman Truck Series. Spire Motorsports bought the entire organization for a whopping $25 million. The move came as a big shock to fans and pundits alike and raised multiple eyebrows.

More surprising than the announcement itself was probably Kyle Busch’s dull and unenthusiastic demeanor during the announcement, which led to unwarranted speculations from fans. A prime speculation was that the sale was triggered by the driver’s plans to retire from racing. But talking to the media before the Craftsman Truck Series finale, Busch laid a rest to all those ideas, telling how he alone managed to trick the whole Spire group.

Kyle Busch reveals his surprise when Spire Motorsports “took the bait” and bought KBM

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After reading the official statement by Busch, many reasoned that the driver’s letting go of the team, that he’d built along with his wife, Samantha, was because of their retirement plans. But it appears that a different element was at work. Taking to SiriusXM’s before the final race of the 2023 Craftsman Truck Series, Busch took the mask off. Narrating the events that led to KBM’s sale to Spire Motorsports, he said, “They [Spire Motorsports] wanted to buy the KBM stuff and use it. And they wanted the updated, latest, greatest everything. And I said, ‘Well, this is all not working.

“I said, ‘You know what? If you want that truck, just buy the whole thing and you do it yourself.

“So they knocked back on the door two weeks later and said, ‘Okay, we will take it.’ And I was, like, dumbfounded. I had no idea that they would take the bait. But it happened.”

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The revelation from the icon confirms that he was as shocked at the unprecedented deal as the rest of us. Though he did grab the opportunity that came his way and make himself a lot richer in the process, he did have the obvious melancholy surrounding the end of the organization that he’d built from the ground up.

“It’s very bittersweet”- Busch gets candid while speaking on the loss of his and his wife’s brainchild

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Kyle Busch had incorporated Kyle Busch Motorsports back in 2010. Over the last 13 years, it has grown to become one of the most successful teams in Truck Series history. Along the course of its run, the team birthed two championship-winning drivers, Erik Jones and Christopher Bell, who now drive in the Cup Series. The latter even competed in the Cup Series Championship 4 race over the past weekend.

Having created an outfit that is the most successful in Truck History with a staggering 100 career wins, it is obvious that parting ways with it would be a difficult affair. Adding weight to the emotions surrounding the sale, the deal with Spire Motorsports also included the team’s 77,000-square-foot shop, labor force, and the Rowdy Manufacturing machine parts company.

Talking about the end of the long journey, Busch said, “Honestly, on the flip side of that, it’s very bittersweet. I love all the people there. I love KBM. I love the race shop. Samantha and I built that shop from when it was ‘dirt’ to what it is today.

“And we’ve had amazing fan days and everything else. People in and out of there, with great employees have made that place successful and have brought 7 owners championships and over a 100 race wins and whatnot. So, it has been a lot of fun. But it is going to be bittersweet to see the end.”

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Despite the end of Kyle Busch Motorsports, the driver has already begun laying out his plans for the future. Clearly, not leaving the race track anytime soon, he announced the emergence of the “new” KBM. Talking about how his focus was shifting towards the career of his young son, Brexton, he continued, “We are calling it the new KBM, which is Brexton’s Racing. The grassroots level stuff, racing Micros and Bandoleros and legends, and whatever we can get ourselves into. I am excited about that as well.”

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Hopefully, the ‘Rowdy’ will be able to create a mammoth out of his new venture and produce something along the lines of or even greater than that of Kyle Busch Motorsports. For now, all the rumors connecting the sale of KBM and the retirement of Kyle Busch can be put to a sweet rest.

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Written by:

Abhishek Ramesh

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Abhishek Ramesh is a NASCAR Editor and Author at EssentiallySports. He has always worked to combine his eternal love for sports with the skills of media space. After initial professional acquaintance with print and web news, Abhishek worked in the sports opinion trading industry.
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Edited by:

Nischal Kandpal