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James Peter Spencer (born February 15, 1957) is an American former racing driver, team owner, talk show host and television commentator. He is best known for competing in NASCAR. He hosted the NASCAR-inspired talk show, What’s the Deal?, on Speed, and was co-host, with John Roberts and Kenny Wallace, of Speed's pre-race and post-race NASCAR shows NASCAR RaceDay and NASCAR Victory Lane. Before retiring, Spencer had a segment on Speed's NASCAR Race Hub offering commentary and answering viewer questions (on Tuesdays and Thursdays). During his days racing modifieds, he was nicknamed "Mr. Excitement" for his aggressive racing style. Spencer is one of the few drivers to have won a race in all three of NASCAR's top series: the NASCAR Cup Series, the Xfinity Series, and the Camping World Truck Series.
Spencer's Cup wins both came in summer 1994 at the restrictor plate races at Daytona and Talladega.