Recent reports suggesting that NASCAR driver Bubba Wallace has signed a five-year, $215 million contract with Hendrick Motorsports are unfounded. In reality, Wallace has committed his future to 23XI Racing, the team co-owned by NBA legend Michael Jordan and NASCAR driver Denny Hamlin. On September 18, 2024, 23XI Racing announced that Wallace signed a multi-year contract extension, ensuring he remains the driver of the No. 23 Toyota Camry in the NASCAR Cup Series for the foreseeable future.
Since joining 23XI Racing in its inaugural 2021 season, Wallace has secured two Cup Series victories and has been instrumental in the team’s growth and success. His contract extension underscores the mutual commitment between Wallace and 23XI Racing to continue building on their achievements in the highly competitive NASCAR landscape.
Hendrick Motorsports, a prominent team in NASCAR, currently fields drivers such as Kyle Larson, Chase Elliott, William Byron, and Alex Bowman. There have been no official announcements indicating any changes to their driver lineup involving Bubba Wallace.
In summary, Bubba Wallace remains a key figure at 23XI Racing, with a secured future through his recent contract extension, as both driver and team aim for continued success in upcoming NASCAR seasons.