NASCAR legend Kyle Busch has passed away at the age of 41.

A joint statement on behalf of the Busch family, Richard Childress Racing and NASCAR confirmed the devastating news on Thursday evening.

Busch was hospitalised this week with a severe illness, from which he never recovered.

Two-time Cup Series champion Busch was one of the winningest drivers in the history of the sport, going to victory lane 234 times in the sport's three national series – 34 times more than any other driver.

He is survived by his wife Samantha, and his children Brexton and Lennix.

NASCAR, RCR and Busch family statement on Kyle Busch's passing

The statement announcing his tragic passing read: "Our entire NASCAR family is heartbroken by the loss of Kyle Busch.

"A future Hall of Famer, Kyle was a rare talent, one who comes along once in a generation. He was fierce, he was passionate, he was immensely skilled and he cared deeply about the sport and fans.

"Throughout a career that spanned more than two decades, Kyle set records in national series wins, won championships at NASCAR’s highest level and fostered the next generation of drivers as an owner in the Truck Series. His sharp wit and competitive spirit sparked a deep emotional connection with race fans of every age, creating the proud and loyal 'Rowdy Nation.'

"Our thoughts are with Samantha, Brexton and Lennix, Kyle and Samantha's parents, Kurt and all of Kyle's family, Richard and Judy Childress, everyone at Richard Childress Racing, his teammates, friends and fans. NASCAR lost a giant of the sport today, far too soon.

"During this incredibly difficult time, we ask everyone to respect the family's privacy and continue to keep them in your thoughts and prayers. Further updates will be shared as appropriate."

Oval Insider sends its deepest sympathies to the Busch family.