Bubba Wallace is sticking with 23XI Racing for the foreseeable future after signing a contract extension.
According to the NASCAR Cup Series team, this deal is for multiple years. Wallace will continue to drive the No. 23 Toyota Camry XSE while working alongside teammate Tyler Reddick.
From day one Bubba has been an integral part of 23XI. We’re excited to announce that he has signed a multi-year renewal and will continue to play a key role in helping 23XI grow and succeed. #ForwardTogether pic.twitter.com/OMlQWfm6yv
— 23XI Racing (@23XIRacing) September 18, 2024
Wallace, 30, was the first driver signed by Michael Jordan and Denny Hamlin when they joined forces to create 23XI Racing. The Alabama native drove the No. 23 Toyota during the inaugural season in 2021, and he won the fall race at Talladega Superspeedway.
Wallace has since added another win to his resume, which he secured at Kansas Speedway in the fall of 2022. He then made the playoffs for the first time last season, reaching the Round of 12 in the process.
Wallace missed the playoffs this season, but he matched his career-best marks of one pole win, 10 top-10 finishes, and five top-fives. He still has eight races remaining that he can use to surpass these stats.
Before joining 23XI Racing, Wallace drove for Richard Petty Motorsports. He was in the No. 43 Chevrolet for three seasons (2018-19). He posted nine top-10 finishes and three top-fives for the team.
Along with the time in the Cup Series, Wallace has extensive experience in Xfinity and Truck vehicles. He has made 88 starts in the Xfinity Series with 6 top-five finishes and 36 top-10s. He has made 51 starts in the Truck Series with six wins, 16 top-five finishes, and 30 top-10s.
The contract extension comes weeks after Wallace addressed an uncertain future to members of the media. He explained that his contract talks had been going "hand-in-hand" with the charter negotiations between NASCAR and its teams. 23XI Racing declined to sign the charter deal ahead of NASCAR's deadline.
23XI Racing has not provided any further information about signing the charter agreement after missing the original deadline. However, Wallace now has the deal he was waiting on, which secures his future in the NASCAR Cup Series.