Over the last couple of months, Spire Motorsports has been expanding rapidly. First, they got their hands on a NASCAR Cup Series charter for a whopping $40 million. Not long after, it was announced that they would acquire the entirety of Kyle Busch Motorsports.
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To many, it came as a surprise to see Kyle Busch let go of the team he and his wife built over the years. It’s been a little while since the initial slew of announcements regarding the sale of the team. Recently speaking ahead of the race at Phoenix, Busch shared new details on how the deal even went through.
Kyle Busch shares new details regarding the recent sale of his Truck Series team
While speaking with Sirius XM NASCAR Radio, Busch stated, “Spire was involved in that conversation. They 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 happening.’ Like it’s all not working. I said, ‘You know what, if you want that truck, you just buy the whole thing and you do it yourself.'”
“And so they knocked back on the door two weeks later and said, ‘Okay, we’ll take it.’ And I was like, dumbfounded, like, I like I had no idea that I that they would take the bait. But it happened and honestly, on the flip side of that, it’s very bittersweet.”
Busch elaborated on his affection for the people at KBM and his love for the race shop. He mentioned that he and his wife, Samantha, were involved in building the team from scratch and that they had organized successful fan days with great employees. The RCR driver also highlighted the team’s achievements, including seven owner’s championships and over 100 race wins that took place over the years.
While a @NASCAR_Trucks champ will be crowned tonight, it marks an end to an era: the final race of @KBMteam in the series 🚛@KyleBusch details how the “bittersweet” sale to @SpireMotorsport happened ⬇️
😳 “I was dumbfounded. I had no idea they would take the bait.” pic.twitter.com/FJ3t4JiIUw
— SiriusXM NASCAR Radio (Ch. 90) (@SiriusXMNASCAR) November 3, 2023
Busch mentioned that while it has been enjoyable to be a part of KBM, it will be a bittersweet experience to see it come to an end. However, he stated that they are referring to their new venture as the “new KBM,” which will focus on his son, Brexton’s racing career from grassroots-level racing to someday in the Cup Series if that’s his dream.
