I think Charlie's right, too. Smith maintained ownership of the '7' for a couple of years and was listed as the owner of RG's car. I think Spencer drove the 7 for Smith. The 'Sirius Dog Car'
RG wanted the 7 to follow in Kulwicki's foot prints as the next owner/driver/champ.
-Geoff Bodine purchased the no.7 team from Alan Kulwicki's estate.
-Jim Smith purchased the no.7 team from Geoff Bodine.
-Robby purchased the no.7 team from Jim Smith.
So, if my memory serves me right, the current no.7 team does still have a direct lineage back to the AK Racing team.
You missed one, Matei Racing purchased the 7 from Bodine and sold to smith...... that is who Waltrip drove for, that was the nation rents car, sponsorship moved to Jimmy Smith as well.