Wallace signs multi-year deal with 23XI Racing

Bubba Wallace has signed a multi-year contract with 23XI Racing, the team announced on Friday.

Wallace was signed as the inaugural driver for the team, which began its debut season in the NASCAR Cup Series last year. The fall victory at Talladega Superspeedway was the first in the series for both Wallace and the company.

The contract extension came as the 28-year-old fresh off a second-place finish at Michigan International Speedway. He also earned the first Cup Series pole for both himself and 23XI at Michigan and is riding a streak of four consecutive top-10 finishes entering Richmond Raceway (Sunday, 3 p.m. ET, USA Network) .

“Bubba has been a key part of the early stages of the 23XI and I’m excited to have him continue with the team,” said team co-owner Denny Hamlin. “When we announced Bubba as our first driver, the goal was to help him take his career to the next level, and we’ve done just that. Bubba and the #23 team brought the organization our first win and first pole, and with a career-best four consecutive top-10 finishes heading into Richmond, Bubba continues to become more competitive each week. We are excited to see his growth as he and the team work towards our goals.”

The 2023 season will mark Wallace’s sixth full season in the Cup Series.

“It’s great to make this upgrade and know I have a home at 23XI Racing,” said Wallace. “Thank you MJ [ Michael Jordan] and Danny for continuing to believe in me. We’ve come a long way together in less than two years and we’ve ticked off some big goals along the way, including the team’s first win and first pole. We know we still have work to do, both on and off the racetrack, but I feel good about our team and the direction we’re headed in.”