Kyle Busch Motorsports sues REV Racing
Kyle Busch Motorsports is suing Rev Racing, alleging Rev did not properly pay for their technical alliance.
Attorneys for KBM filed the lawsuit February 12.
Court documents show KBM accuses Rev of breach of contract, seeking $325,000 to make up for payments Rev allegedly did not fulfill. They’re also seeking $48,750 for interest on late payments.
The parties signed an agreement in October 2022, contracting KBM to serve as Rev’s technical partner for the 2023 NASCAR Craftsman Truck Series season. KBM’s services included covering race entry fees for Rev and providing them with trucks, personnel and equipment to race each weekend.
For these services, Rev was to pay KBM in “10 equal monthly installments of $290,000 each,” due by the 15th day of each month, starting Jan. 15, 2023.
KBM alleges Rev made late payments eight times:
January (25 days late), February (six days), March (one day), April (15 days), May (17 days), June (16 days), July (47) and August (77)
Rev is also accused of providing half of a payment for September, 47 days late, before allegedly not paying at all for October.
KBM stated Rev later made a payment of $110,000. However, they say Rev still owes them $325,000 for what they didn’t pay in September and October.
KBM allegedly reached out to Rev, through counsel late last month, to collect the payment within a week. However, Rev allegedly didn’t respond, prompting legal action.
STATEMENTS
Terrance Kinnard is representing Rev Racing. He provided this statement to TRE:
“At this time, we are working through some accounting as it relates to how funds are allocated between our partners. We fully anticipate the matter being amicably resolved and maintaining a fruitful and productive relationship.”
Adam Ross is one of two attorneys representing Kyle Busch Motorsports. He provided this statement to TRE:
“Kyle was hoping that litigation would be unnecessary, but looks forward to this matter resolving quickly.”
We also reached out to NASCAR for comment on this but haven’t heard back yet.
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Jonathan Fjeld View All
Jonathan Fjeld is the co-owner of the The Racing Experts, LLC. He has been with TRE since 2010.
A Twin Valley, MN, native, Fjeld became a motorsports fan at just three years old (first race was the 2002 Pennsylvania 500). He worked as a contributor and writer for TRE from 2010-18. Since then, he has stepped up and covered 24 NASCAR race weekends and taken on a larger role with TRE. He became the co-owner and managing editor in 2023 and has guided the site to massive growth in that time.
Fjeld has covered a wide array of stories and moments over the years, including Kevin Harvick's final Cup Series season, the first NASCAR national series disqualification in over 50 years, Shane van Gisbergen's stunning win in Chicago and the first Cup Series race at Road America in 66 years – as well as up-and-coming drivers' stories and stories from inside the sport, like the tech it takes for Hendrick Motorsports to remain a top-tier team.
Currently, he resides in Albuquerque, N.M., where he works for KOB 4, an NBC station. He works as a digital producer and does on-air reports. He loves spending time with friends and family, playing and listening to music, exploring new places, being outdoors, reading books and writing among other activities. You can email him at fjeldjonathan@gmail.com