Kyle Busch is the former owner of the NASCAR team, Kyle Busch Motorsports. Kyle Busch is among the most successful drivers of the Cup Series. He is a full-time NASCAR Cup Series driver for Richard Childress Racing and a part-time driver in the Xfinity and Truck Series. Kyle Busch drives the no.33 Chevrolet Camaro for Richard Childress Racing.
He is a two-time champion in the Cup Series. He won the title in 2015 and 2019. Busch also won the NASCAR Regular season championship in 2018 and 2019. He was named among the 75 Greatest NASCAR Drivers in 2023.
Kyle Busch Motorsports in a NASCAR Truck Series and Xfinity Series team started by Kyle and Samantha Busch. The team started operations in 2010 and its base was in Mooresville, North Carolina. The team was also the parent company of Rowdy Manufacturing. Rowdy Manufacturing was a chassis constructor company for the Super Late Model Series.
Kyle Busch Motorsports has clinched 113 victories in the various series it has participated in. Under Busch’s leadership, the team claimed 100 Truck Series victories and 7 owner’s championships. Kyle Busch Motorsports used to field Toyota cars until the 2023 season. The team was sold off in 2023.
How much was Kyle Busch Motorsports sold for?
Kyle Busch Motorsports was purchased by Spire Motorsports in 2023 for an undisclosed sum according to Forbes. However, some sources like on3.com claim that the deal was valued at nearly $14.5 million. The headquarters of KBM were sold off in September 2023. The move happened immediately after Spire had finalized a $40 million deal with Live Fast Motorsports.
Kyle Busch Motorsports, Rowdy Manufacturing and their trucks and CNC shops were all sold off to Spire Motorsports. After the deal was completed, Spire Motorsports tweeted thanking Kyle Busch and his team for their work. Kyle Busch Motorsports was an immensely successful team in the Craftsman Truck Series. It was the team with the most number of wins in the series.
In the tweet released by Spire Motorsports, they stated “Spire Motorsports has tremendous respect for Kyle and Samantha Busch, their staff and everything they’ve built and accomplished at KBM over the years. They created a record-setting, championship-winning race team. Those accomplishments can’t be overstated.”
Busch was confident about his decision and expressed his faith in Spire Motorsports in an interview, “I’m confident that our assets and employees are in good hands moving forward. I don’t see the winning ways changing at all. I’ve known the Spire guys for a long time and their recent investments in Nascar show their commitment to success.”
FAQ's On Kyle Busch Race Team
A. Kyle Busch has 63 Cup Series wins as of July 2024 under his belt.
A. Kyle Busch’s annual salary is estimated at nearly $16.9 million.
A. Yes, Kyle Busch previously owned the racing team Kyle Busch Motorsports.
A. Kyle Busch drives for Richard Childress Racing.
A. Ty Gibbs replaced Kyle Busch at Joe Gibbs Racing.
