Bubba Wallace and the 23XI Racing team have not yet announced a new agreement. The performance of 23XI Racing in 2024 has been full of ups and downs. They entered this year with hopes of continuing their impressive performance from 2023 and achieving consecutive playoff races. However, they are currently 13 points below the top 16 positions and face a challenging journey towards the playoffs.
In addition to the entry into the playoffs, another concern for Bubba Wallace is the expiration of his contract this season. Considering the sponsorship and attention he brings to 23XI Racing, he is likely to receive a contract extension. However, the duration of the extension will depend on his performance this year.
Fox Sports’ senior NASCAR reporter, Bob Pockrass, confirmed that Bubba Wallace will return for the 2025 season. Pockrass also discussed the contractual situation of another driver in his report. He mentioned the future of Alex Bowman with Hendrick Motorsports and stated that the No:48 car driver will continue with the team in 2025. If Bowman achieves a win and performs well this season, he may even receive a multi-year contract.
At the moment, it seems that both Bowman and Bubba Wallace have secured their places for the next season. It will be interesting to see how their careers progress beyond the 2024 season, as they will need to perform at a high level to justify their continued presence.