KBM shuts down Nationwide teams

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.