NASCAR

KBM shuts down Nationwide teams

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Lee Spencer

Lee Spencer is the Senior NASCAR Writer for FOXSports.com. She has provided award-winning coverage of auto racing over the last 15 years. Spencer has lent her expertise to both television and radio and is a regular contributor to SiriusXM Radio and the Performance Racing Network. Follow her on Twitter.

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HOMESTEAD, FLA.

Kyle Busch Motorsports will suspend its Nationwide Series effort in 2014.

“There's absolutely no funding in this world,” team owner Busch said on Saturday. “It really, really sucks. That's why we're open and in business. But when the economy turns, Joe Gibbs Racing shut my team down this offseason, Turner Scott Motorsports is shutting down Nationwide teams this year. It's not due to lack of hard work, that's for sure.”

KBM will continue to operate two Camping World Truck teams next season. Darrell Wallace Jr., who won his first race at Martinsville Speedway and finished eighth in the point standings, will compete for the championship. Erik Jones, 17, who won last weekend at Phoenix International Raceway in his fifth truck start, will run a partial schedule.

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