Bubba Wallace has signed a multi-year contract extension with 23XI Racing, co-owned by Michael Jordan and Denny Hamlin, securing his place with the team through at least 2026. Despite a disappointing season where he failed to make the NASCAR Cup Series playoffs, Wallace remains a key figure for 23XI, having won two races since joining in 2021. He finished 10th in the standings last year but currently sits 19th without a win this season. The announcement comes amid uncertainty for 23XI as they navigate NASCAR's new charter deal, which has caused delays in contract discussions. Wallace's performance has improved with eight top-five finishes, matching his career highs. He will continue racing alongside Tyler Reddick, who is under contract until 2025.