NASCAR News: Kyle Busch Motorsports (KBM) awarded $105K

According to court records dated today, a verdict has been reached in the lawsuit filed by Kyle Busch Motorsports (KBM) against Rev Racing.

KBM has been awarded $105,000 by Mecklenburg County court. The former NASCAR Truck Series team had taken legal action against their partner Rev Racing in February 2024.

Rev Racing were accused of breach of contract and unjust enrichment. KBM’s initial complaint stated that Rev Racing had failed to make timely payments, missing several installments under a competition agreement.

The deal had placed Nick Sanchez as a full-time driver in the truck series for the 2023 season with a contract valued at $2.9 million. KBM had sought $325,000 plus interest and legal fees for the unpaid amounts related to their 2023 NASCAR Craftsman Truck Series partnership.