UPDATE: Trackhouse Racing and Spire Motorsports have formed an alliance that will see Zane Smith drive for Spire in 2024. Smith is then expected to move to Trackhouse, in a third car, for 2025. See more
Furthermore, Live Fast has confirmed it has sold its charter and will continue as a part-time open team in 2024.
— Live Fast Motorsports (@teamlivefast) September 16, 2023
ORIGINAL POST: Spire Motorsports is in the process of purchasing Live Fast Motorsports’ No. 78 charter for approximately $40 million, according to Jordan Bianchi of The Athletic.
The purchase would give Spire three charters entering the 2024 NASCAR season, with C0rey LaJoie piloting the No. 7 Chevrolet and a new driver expected for its No. 77 entry.
Zane Smith is the leading candidate to drive Spire’s new car, and has an announcement scheduled for 5 p.m. ET on Saturday. Trackhouse Racing also has a press conference scheduled for the same time. The move would allow Trackhouse to farm its driver to a different team, Spire, for the 2024 season.
NEWS: Spire Motorsports purchases Live Fast Motorsports charter for $40 million, sources tell @TheAthletic. (w/@jeff_gluck) https://t.co/3RlZQA8qtK
— Jordan Bianchi (@Jordan_Bianchi) September 16, 2023