According to a report published by the Charlotte Business Journal, Spire Motorsports has now acquired the assets owned by Busch for nearly $14.5 million.
It’s been over two months since Kyle Busch announced the shock sale of his NASCAR Truck Series team KBM and Rowdy Manufacturing to Spire Motorsports. The deal which included the facilities in Mooresville, North Carolina, is now reported to have closed recently.
The report referred to the Iredell County real estate records, where an entity associated with Kyle Busch sold the 77,000 square feet facility located at 351 Mazeppa Road to Spire. The sale also included the assets owned under Rowdy Manufacturing’s chassis building operation and the CNC machine shop.
Spire Motorsports will take over the race shop in Mooresville, as it expands to a three-car team in the Cup Series while taking over KBM’s two entries for 2024.