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$40 Million Shipping Bill Extends to Kyle Busch as KBM Reportedly Sold

Published 09/27/2023, 11:10 AM EDT

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USA Today via Reuters

In a shocking turn of events, Spire Motorsports, fresh off their $40 million charter purchase from Live Fast Motorsports, has set their sights on a new target. And it’s none other than the truck team owned by Kyle Busch.

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Spire Motorsports has been making headlines lately with its significant investments in NASCAR charters. Just days after acquiring a charter worth $40 million, the team is ready to make another game-changing move by purchasing Kyle Busch Motorsports along with the shop and everything.

Kyle Busch is the next big target for an expanding Spire Motorsports


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This exciting revelation comes to us through The Athletic’s Jordan Bianchi. In a tweet that sent shockwaves through the NASCAR community, Bianchi broke the news, stating, “NEWS: Spire Motorsports finalizing deal to purchase Kyle Busch Motorsports, sources tell @TheAthletic, with an announcement expected ‘soon.'” The implications of this potential purchase are profound, and fans are eager to see how it unfolds.


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Further adding to the intrigue, veteran NASCAR reporter Bob Pockrass chimed in with additional information, suggesting that Kyle Busch Motorsports (KBM), including its race shop, is in discussions with its employees regarding the expected sale to Spire Motorsports. Pockrass’s tweet indicated that an official announcement could be imminent, leaving fans and industry insiders on the edge of their seats.


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“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.”


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As we await further developments in this rapidly unfolding story, it’s clear that Spire Motorsports is not content with being a mere player in the NASCAR world; they are determined to make waves and reshape the landscape of the sport. The potential acquisition of Kyle Busch Motorsports could have far-reaching implications for both teams and for NASCAR as a whole.

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Written by:

Veerendra Vikram Singh


One take at a time

Veerendra Vikram Singh is a NASCAR Writer at EssentiallySports. With a natural affinity for motorsports, he brings a unique perspective to his coverage of everything NASCAR. His love for sports extends way beyond NASCAR, encompassing Formula 1 and MotoGP and a few other motorsports as well.
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Edited by:

Ranvijay Singh