CORNELIUS, NC – Spire Motorsports has signed an agreement to acquire the assets of Leavine Family Racing (LFR) following the finals of the NASCAR Cup Series at Phoenix Raceway.
As part of the purchase, Spire Motorsports will purchase NASCAR’s charter from NASCAR, the team’s race shop and all inventory of property. As a technical partner of Joe Gibbs Racing, LFR’s current fleet of cars and chassis will be returned to Joe Gibbs Racing at the end of the 2020 season.
Spire Motorsports will expand to a two-car operation in 2021 and relocate to LFR’s existing race shop in Concord, North Carolina.
“This is an exciting moment for Spire as we take the natural next step in our long-term plan to build our race team and prepare for the Next Gen car in 2022,” said Spire Motorsports co-owner Jeff Dickerson. “Bob Leavine invested more than money in LFR and this sector. He built a team brick by brick and we have long admired how he took his own steps in the garage. He also did it with his family on his side. We will not lose that in this transaction. Building something with your family always means a little more. His ability to connect with fans was real and we are grateful that he has chosen us to carry this team forward.
“These are undoubtedly trying times, but I have never been afraid to take part in this sport. NASCAR has handled several difficult situations this spring and summer. We believe in the proprietary model that NASCAR has built and where this sport is going now more than ever. ”
Spire Motorsports was founded in 2018 and is co-owned by longtime NASCAR industry executives Jeff Dickerson and Thaddeus “TJ” Puchyr. In just the first season of the team, Spire Motorsports deserved a resounding victory for the centuries past July when Justin Haley took the checkered flag in the Coke Zero Sugar 400 at Daytona International Speedway.
In the 2019-20 seasons, Spire Motorsports started 58 on NASCAR’s senior circuit and provided an entrance for more than a dozen drivers. Details about the drivers and manufacturers for the 2021 season will be shared as additional information becomes available.
