Bodine purchased the former AK Racing team in 1993. Bodine was forced to find a new sponsor almost immediately, as Hooters pulled its sponsorship from the team after he bought it. He originally signed The Family Channel to be the sponsor for the remainder of the season and picked up sponsorship from Exide Batteries in 1994. Bodine won three times that year but finished 17th in points. He improved one spot better in 1995, but in 1996, the sponsorship was replaced by QVC, and scored his final win at Watkins Glen International Raceway. He struggled in 1997, failing to qualify in a couple of races, and having his brother Todd fill in for him at the Coca-Cola 600. Despite this, he won two poles in the last two months of the season, including one that broke the track record at Atlanta Motor Speedway. In 1998, he sold part of his ownership to Mattei and Porter, and picked up sponsorship from Philips. When Bodine got an offer to drive for Joe Besseyin 1999, he sold the rest of his team and was replaced by Michael Waltrip, as the team switched to Chevrolet. Finishing 5th in the Daytona 500, Waltrip finished the year 29th in points. Getting sponsorship from NationsRent in 2000, Waltrip's only top-ten finish that year was a 3rd at Martinsville. He left at the end of the year for Dale Earnhardt, Inc. and Mike Wallace took over. During the 2000 season, the team was sold to Ultra Motorsports.
Bodine Racing began racing in the new Truck Series in 1995, when Bodine drove ten races in the No. 7, with Exide sponsorship. He shared the ride with Dave Rezendes, who raced eleven times that season; together, they combined for fourteen top-ten finishes. Bodine's son Barry drove the No. 07 Tanya Tucker Salsa truck at Martinsville, but he crashed out. Rezendes raced the No. 7 full-time in 1996 NASCAR Craftsman Truck Series with QVC sponsoring, and he responded with three victories and a sixth-place finish in points. Bodine and Barry drove the 07 in six races, but only had one pole and top-ten. Due to a lack of sponsorship, Rezendes was let go after two races in 1997. Tammy Jo Kirk took his place with Loveable sponsorship, becoming the first full-time female driver on the circuit. She had a best finish of 11th, but was let go late in the season, and Barry Bodine finished out the season. The team closed in 1998 due to a lack of sponsorship.
