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Kill the Rumors; Bubba Wallace Staying Put at 23XI Racing NASCAR Cup Team

Photo credit: Mike Mulholland - Getty Images
Photo credit: Mike Mulholland - Getty Images

Bubba Wallace is staying put at 23XI Racing after signing a multiyear extension to remain with the NASCAR Cup Series team.

23XI Racing announced today the new deal ahead of this weekend's race at Richmond.

Wallace joined 23XI in September of 2020 as the team’s inaugural driver, earning 23XI its first NASCAR Cup Series win at Talladega Superspeedway in 2021 and first pole award at Michigan International Speedway in 2022. Wallace, driver of the No. 23 Toyota Camry TRD, has played an integral role in the team’s growth and will continue to do so going forward.

“Bubba was a key part of the early stages of 23XI, and I am thrilled that he will continue with the team,” said 23XI Racing co-owner Denny Hamlin. “When we announced Bubba as our first driver the goal was to help him take his career to a higher level, and we have done just that. Bubba and the No. 23 team earned the organization our first win and first pole award, and with a career-best four consecutive top-10 finishes heading into Richmond this weekend, Bubba is continuing to get more competitive each week. We’re excited to see his growth as he and the team work toward achieving our goals.”

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Wallace. 28, has one Cup victory in his six-year Cup career in 171 starts. He has finished in the top-5 10 times and captured his first career pole last week at Michigan. Wallace will need a victory in one of the next three races—this week at Michigan, next week at Watkins Glen or Aug. 27 at Daytona—to qualify for the NASCAR Playoffs.

Wallace has never qualified for the Cup Playoffs.

"It feels great to get this renewal done and to know I have a home at 23XI Racing,” said Wallace. "Thanks to M.J. and Denny for continuing to believe in me. We’ve come a long way together in less than two years and we’ve checked off some major 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 race track, but I feel good about our team and the direction we’re heading.