Spire Motorsports
Spire Motorsports is an American professional stock car racing team competing primarily in the NASCAR Cup Series, NASCAR Craftsman Truck Series, and ARCA Menards Series. Established in 2018, the team is recognized for its rapid growth within NASCAR’s competitive landscape and strong ties to Chevrolet as its manufacturer partner. Co-owned by seasoned NASCAR executives Jeff Dickerson and Dan Towriss, Spire has rapidly expanded its presence and influence in the sport.
Early Days and Background
Founded in December 2018 by Jeff Dickerson and T. J. Puchyr as a subsidiary of their Spire Sports + Entertainment agency, Spire Motorsports entered NASCAR by purchasing a Cup Series charter from the now-defunct Furniture Row Racing team. Beginning competition in the 2019 season with a single car entry (No. 77 Chevrolet Camaro ZL1), the team scored its first NASCAR Cup Series victory in the same year at the Daytona Coke Zero Sugar 400 with driver Justin Haley in a weather-shortened race. Initially operating from shared shop space allied with Premium Motorsports before moving to its own Concord, North Carolina facility, Spire rapidly expanded by acquiring Leavine Family Racing’s assets in 2020, allowing addition of the No. 7 team. The organization continued growth by acquiring additional charters, including a third charter in 2023 after purchasing one from Live Fast Motorsports, and acquiring the assets of Kyle Busch Motorsports in the Truck Series in 2023. In 2024, Spire restructured, with ownership consolidated under Dickerson and Dan Towriss, CEO of TWG Motorsports, a subsidiary of TWG Global.
Driver Lineup
In the 2024 NASCAR Cup Series season, Spire fields three Chevrolet Camaro ZL1 teams:
No. 7 Chevrolet Camaro: Corey LaJoie (2024 driver; announced not returning for 2025), with veteran crew chief Rodney Childers joining for 2025.
No. 71 Chevrolet Camaro: Zane Smith, a driver loaned from Trackhouse Racing.
No. 77 Chevrolet Camaro: Rookie of the Year contender Carson Hocevar.
In the NASCAR Craftsman Truck Series, Spire fields four Chevrolet Silverados: No. 07 and No. 7 (both for multiple drivers), No. 71 with Rajah Caruth, and No. 77 with Andrés Pérez de Lara. The team also competes in the ARCA Menards Series with select entries. For 2025, Michael McDowell is announced as the driver of the No. 71 Cup car.
Net Worth
As a privately held organization, Spire Motorsports does not publicly disclose its net worth. However, its acquisition of multiple team charters (valued between $6 million to over $40 million recently), expansion into the Truck Series by buying Kyle Busch Motorsports’ assets, and operational infrastructure signify a multi-million dollar enterprise. Ownership under TWG Global connects the team to a broader sports investment portfolio.
Legacy in NASCAR
Despite its relative youth, Spire Motorsports has made a notable impact in NASCAR. The team’s first Cup Series win came swiftly in its rookie year (2019) with Justin Haley’s victory at Daytona. In the Truck Series, it achieved its inaugural win in 2022 with William Byron at Martinsville. Spire is known for nurturing young talent, with drivers like Carson Hocevar rising as promising stars. The team fields competitive Chevrolet entries across multiple NASCAR series but does not currently have entries in the Xfinity Series. Its leadership includes veterans such as Jeff Dickerson and crew chief Rodney Childers, contributing to its competitive ethos.
Recent Controversies
There are no widely reported controversies involving Spire Motorsports. The team is regarded as maintaining professionalism and integrity within NASCAR.
Key Highlights from Seasons 2024 and 2025
In 2024, Spire Motorsports expanded to a three-car operation in the NASCAR Cup Series by acquiring a charter from Live Fast Motorsports and solidified its Truck Series presence via purchase of Kyle Busch Motorsports’ assets. The team showed strong development in rookie Carson Hocevar’s performance and secured experienced crew chief Rodney Childers for the No. 7 car for 2025. Michael McDowell joined the team as the No. 71 driver in 2025, with the team continuing to compete vigorously across Cup and Truck Series events. Leadership enhancements included appointing Matt McCall as director of vehicle performance and Dax Gerringer as technical director. Spire remains focused on growth, competitive performance, and driver development under its ownership umbrella tied to TWG Global.
Category | Details |
---|---|
Team Name | Spire Motorsports |
Founded | 2018 |
Owner | Jeff Dickerson, Dan Towriss (TWG Global) |
Base Location | Concord, North Carolina, USA |
Manufacturer | Chevrolet |
Cup Championships | 0 |
Total Cup Wins | 1 (2019 Coke Zero Sugar 400 – Justin Haley) |
Current Drivers | Corey LaJoie (No. 7, 2024), Michael McDowell (No. 71, 2025), Zane Smith (No. 71, 2024 loaned), Carson Hocevar (No. 77, 2024–2025) |
Notable Alumni | Justin Haley, Corey LaJoie |
Team Valuation | Estimated multi-million-dollar operation (charters valued $6M–$40M each) |