Despite the unresolved charter agreement, 23XI Racing plans to maintain its participation in NASCAR events for the upcoming season. Hamlin's frustrations over the charter negotiations, which he describes as lacking fair bargaining opportunities, have been mounting over the past two years.

Bubba Wallace may be making headlines for his racing career — the NASCAR driver just extended his contract with the Michael Jordan-owned 23XI Racing — but family is also big on his mind: He and his wife,

NASCAR Cup Series driver Bubba Wallace signed a multi-year contract extension with 23XI Racing. Wallace, 30, will remain behind the wheel of the No. 23 Toyota for the team owned by Michael Jordan and Denny Hamlin.

Bubba Wallace signed a multiyear contract extension with 23XI Racing, the team announced Wednesday. “From day one Bubba has been an integral part of 23XI,” the team said in a social media post. “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.

If an NFL coach misses the playoffs, their chances of getting a contract extension a couple weeks later are likely very slim. That's not the case for NASCAR Cup Series driver Bubba Wallace

Bubba Wallace and 23XI Racing have cemented their partnership for the foreseeable future. The announcement of a multi-year contract extension ensures that Wallace will continue to drive the No. 23 Toyota for the racing team he joined in 2021.

Bubba Wallace secures a multi-year contract extension with 23XI Racing, solidifying his position as a key player for the team amidst ongoing Charter negotiations.