Rev Racing has been sued by Kyle Busch Motorsports for unfulfilled partnership payments for the NASCAR Craftsman Truck Series.
In an odd turn of events, Rev Racing is being sued by KBM, which is no longer a part of the NASCAR Craftsman Truck Series over unpaid fees regarding their 2023 partnership.
This year, Rev Racing—which is fielding Nick Sanchez in the series—is getting its trucks from Spire Motorsports. But the trucks they raced a year ago were supplied by Kyle Busch.
According to reports by the Sports Business Journal, KBM which is owned by two-time NASCAR Cup Series champion Kyle Busch, filed a lawsuit against Rev Racing on February 12 alleging unfair advantage and violation of contract.
According to KBM, Rev Racing failed to make payments on time or whatsoever related to their partnership through the 2023 Truck Series season. Under the terms of the agreement, KBM would be paid $2.9 million to field driver Nick Sanchez under the Rev Racing identity.
According to the lawsuit, Rev still owes $325,000 after only paying $2.575 million. KBM is asking for the remaining payment along with legal fees and interest.
Rev Racing committed to paying $290,000 in 10 monthly installments starting on January 15 of last year. According to the paperwork, Rev Racing paid the fees through August, then paid an early and insufficient $145,000 in September and made no payments in October.
According to the lawsuit, the team also paid $110,000 recently, and KBM tried to let the team know that it intended to collect the balance in full.
Owned by Max and Jennifer Segal, Rev Racing functions as an official partner of NASCAR’s Drive for Diversity initiative. The joint program offers minority racers and motorsports experts an avenue to advance their careers at the greatest levels in the Truck Series, ARCA, and Late Model fields.
In October, Busch sold KBM and his machine company, Rowdy Manufacturing, for an estimated $25 million to Spire Motorsports which also included the Craftsman Truck Series team’s assets. That also includes the shop, out of which Spire now runs its NASCAR program.
At the moment, KBM serves just as an open-wheel dirt squad for the development of 8-year-old Brexton Busch.
Rev and Spire have been working together in a similar partnership, with Rev providing a truck for Sanchez, who won last weekend’s Truck Series opener at Daytona.
Busch will also start five races in the Truck Series for Spire as part of his consultancy job with Spire.
