A direct drive drawworks has a permanent magnet motor, a shaft extending from the permanent magnet motor so that the permanent magnet motor directly rotates the shaft, and a drum connected to the shaft away from the permanent magnet motor such that the rotation of the shaft causes a corresponding rotation of the drum. The permanent magnet motor has a housing, a stator positioned in the housing, and a rotor cooperative with the stator. The rotor has a drive plate affixed thereto. The shaft is directly connected to the drive plate. A bearing housing rotatably supports the shaft.