Spire Motorsports Is The LFR Buyer

Leavine Family Racing’s NASCAR exit is set to benefit Spire Motorsports in 2021, with the growing organization expanding to a two-car program after purchasing LFR’s assets following the conclusion of the 2020 season.

Spire confirmed its forthcoming acquisition of LFR’s assets on Tuesday, shedding light on the future of the soon-to-be defunct team one week after owner Bob Leavine announced his intention to leave the Cup Series at the end of the year.

Spire will relocate its team operations to LFR’s existing shop in Concord, N.C., while also adding a second car with the acquisition of another charter. Spire will inherit the owned inventory of LFR, but the team’s cars and chassis will be returned to Joe Gibbs Racing.

Tuesday’s announcement comes two years after the organization was established in 2018 by co-owners Jeff Dickinson and Thaddeus “T.J.” Puchyr. Justin Haley gave the organization its first Cup win in a rain-shortened race at Daytona International Speedway in July 2019.

“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,” Dickerson said in a press release. “Bob Leavine invested more than money into LFR and this industry. 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 at his side. We won’t let that be lost in this transaction. When you build something with your family, it always means a little bit more. His ability to connect with fans was genuine and we are thankful he chose us to carry this team forward.

“These are no doubt trying times, but I have never been prouder to be part of this sport. NASCAR has managed several difficult situations this spring and into the summer. We believe in the ownership model that NASCAR has built and where this sport is going now more than ever.”


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