Former NASCAR Craftsman Truck Series organization Kyle Busch Motorsports (KBM) is suing Rev Racing over missed payments stemming from a partnership between the two organizations for the 2023 season, per a report from BizJournals.com.
Per the report, Mecklenburg County court records show that Kyle Busch Motorsports filed its first report against the Max Siegel-owned organization on February 12 for breach of contract and unjust enrichment.
KBM alleges Rev Racing was late on — or missed — several payments related to a collaborative agreement between the two organizations, which would see the championship-winning NASCAR Craftsman Truck Series team field an entry for Nick Sanchez in 2023.
The lawsuit seeks the repayment of $325,000 plus interest and attorney’s fees after Rev Racing only paid Kyle Busch Motorsports $2.575M of its $2.9M agreement with the organization for last season.
In September 2023, Kyle Busch Motorsports announced that it had sold the assets of its NASCAR Craftsman Truck Series team to Spire Motorsports, who in turn, took over the partnership with Rev Racing for the 2024 NASCAR Craftsman Truck Series campaign.
At this time, the pending lawsuit between the two organizations has no direct impact on the NASCAR Truck Series program for Rev Racing in 2024, in which the team fields the No. 2 Chevrolet Silverado in the NASCAR Craftsman Truck Series.
Nick Sanchez, the 2022 champion of the ARCA Menards Series, has continued in his role as driver of the Rev Racing entry in the NASCAR Truck Series, driving the No. 2 Chevrolet sponsored by Gainbridge.
One week ago, Sanchez and Rev Racing were able to triumph in the Fresh from Florida 250 at Daytona International Speedway, marking the first victory in the NASCAR Craftsman Truck Series for both parties.
TobyChristie.com has reached out to Rev Racing for comment on this pending lawsuit from Kyle Busch Motorsports. Any response, if given, will be added to this story as an update.
