NASCAR News: 23XL Racing team re-signs Bubba Wallace

Bubba Wallace signed a multiyear extension with 23XI Racing, the team announced Wednesday.

Wallace, a two-time winner in the NASCAR Cup Series, will continue to drive the No. 23 Toyota for the organization. The Alabama native is in the midst of his seventh full-time season at the Cup level and fourth with 23XI.

Wallace, 30, was the first driver signed by team co-owners Denny Hamlin and Michael Jordan, the basketball legend who expanded to motorsports in an ownership role after years of fandom from afar. Wallace brought the program its first victory at Talladega Superspeedway in the fall of 2021, then won again the following year at Kansas Speedway.

Ahead of this week’s race at Bristol Motor Speedway, Wallace sits 19th in the series standings with five top fives and 10 top 10s in 28 races. His 2024 numbers reflect a 14.3 average start and 16.3 average finish.

Last season marked Wallace’s first winless campaign since 2020, but 2023 also brought Wallace his best overall numbers, improving his averages significantly while advancing to the NASCAR Playoffs for the first time in his career, ultimately ranking 10th in the final rundown.

In addition to his Cup success, Wallace has six career victories in the NASCAR Craftsman Truck Series and six wins in ARCA East competition, finishing runner-up in the 2011 championship standings.