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Stock impact report

23XI Racing Signs Bubba Wallace To Multiyear Extension [Forbes]

DoorDash, Inc. (DASH) 
Company Research Source: Forbes
Raceway on September 01, 2024 in Darlington, South Carolina. (Photo by Jared C. Tilton/Getty Images) Getty Images Bubba Wallace will continue to pilot the No. 23 Toyota for 23XI Racing for at least two more seasons, the team announced on Wednesday. Wallace joined the organization as its first driver in 2021, scoring two victories with the team. The 30-year-old racer now has some stability as he looks to qualify for the playoffs next year after missing the cutoff in 2024. Despite missing the playoffs in 2024, Wallace is having a career-best season in nearly every category. With eight races remaining on the season, he's tied his career-bests in top fives (five) and top 10s (10). “From day one, Bubba has been an integral part of 23XI,” 23XI Racing said on its social media. Wallace is responsible for welcoming a plethora of new companies into the world of being a primary sponsor in Nascar, including DoorDash, CashApp, Root Insurance, Leidos, Columbia Sportswear, DraftKings and Show less Read more
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