Spire Motorsports has reached an agreement to purchase Live Fast Motorsports’ charter for approximately $40 million.
Spire acquiring Live Fast’s charter for the No. 78 team increases its count to three cars heading into the 2024 season. The team currently fields Cup Series teams for Corey LaJoie (No. 7) and Ty Dillon (No. 77), though Dillon is not expected to return to the organization next season.
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.
Furthermore, Live Fast has confirmed it has sold its charter and will continue as a part-time open team in 2024.