Live Fast’s McLeod says charter sale was a response to NASCAR’s rapid growth

Live Fast’s McLeod says charter sale was a response to NASCAR’s rapid growth

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Live Fast Motorsports started the year with no intentions of selling its charter and still looking at being in the NASCAR Cup Series field for years to come. But co-owner B.J. McLeod admitted Tuesd…

Live Fast Motorsports initially had no plans to sell its charter but had to change its strategy due to the rapid growth of the sport and financial challenges. The team’s co-owner, B.J. McLeod, was surprised by how quickly the sport advanced and the team’s inability to keep up financially. The introduction of the Next Gen car in 2022 shifted the benchmark of performance, pushing Live Fast Motorsports further down the field. Ultimately, the team sold its charter to Spire Motorsports for an estimated $40 million. Despite the challenges, McLeod has no regrets about owning a Cup Series team and remains optimistic about the future of the sport.

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