23XI Racing has signed Bubba Wallace to a multi-year renewal.
The organization posted a video on social media that featured the No. 23, Wallace’s signature and the words “he’s back” above a photo of Wallace. In its post, the team wrote, “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.”
Wallace was the organization’s cornerstone driver when it debuted in 2021. He won his first career race at Talladega Superspeedway in the fall of ’21 and at Kansas Speedway in the fall of 2022. Although he went winless last season, Wallace made the postseason for the first time and finished a career-best 10th in the championship standings.
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23XI Racing has since expanded to two full-time drivers. Wallace was previously teammates with Kurt Busch and now with Tyler Reddick.
In his seventh full season at the NASCAR Cup Series level, Wallace is 19th in the championship standings. He has 42 career top-10 finishes and 21 top-five finishes.
23XI Racing was founded by Denny Hamlin and Michael Jordan.