Kyle Larson will assume sole ownership of his World of Outlaws team in 2018.
This is due to the departure of co-owner Justin Marks, who will become an advisor for the team as he shifts back into full-time IMSA competition next season with Michael Shank Racing.
“I couldn’t be more proud of what LMR has accomplished the past few years,” Marks said in a press release. “I was always hopeful that Kyle would learn about team ownership and operation to the point where he could be comfortable taking this project on himself. He’s ready for it and I’m looking forward to supporting him and KLR in the future.”
The newly christened Kyle Larson Racing will continue with Shane Stewart as the pilot of the No. 2. KLR will be led by crew chief Lee Stauffer, with the support of fellow Pennsylvanians Heath Moyle and Dennis Christ completing the team.
“I am excited to make this change and take over the reins of the sprint car team,” said Larson. “We have been very successful the past four seasons and it has been great working with Justin, Shane and all of the guys at LMR.
“It was always the plan for me to move to the forefront of our ownership group and the time is right to make this a natural step. Justin has taught me a lot about what it takes to be an owner. He has displayed great leadership and made this team to what it is today. I look forward to his continued involvement in our team.”
While the core of the Larson Marks Racing team will stay intact, Larson has also added Paul Silva to the KLR lineup as General Manager. Larson and Silva have previously worked together as driver and crew chief. Last year, they won eight of the 16 events they competed in together, including a runner-up finish at the Knoxville Nationals.
Silva will also continue his crew chief role with Larson when the young NASCAR star is able to get back to his racing roots at the local dirt tracks.