How Much Is Bubba Wallace Earning Driving for Michael Jordan’s 23XI Racing?

It’s been seven years since Bubba Wallace made his NASCAR Cup Series debut. Over the years, the Alabama-born driver has seen and been through plenty. After struggling for a significant period, Wallace has gained momentum in his career. He is now looking impressive as he booked his way into the 2023 Playoffs this year.

Having achieved this feat for the first time in his career, the #23 driver has certainly made substantial progress in the competition. In the process, he has managed to make a handsome amount given the commercial fruits of driving in NASCAR.

Bubba Wallace’s net worth in 2023

It is no secret that Bubba Wallace is now an experienced driver in NASCAR. After having participated in over 200 Cup Series races, his know-how of the competition has only got stronger. While he has struggled to go all the way in the competition, it hasn’t stopped him from making a good chunk of money.

As per CelebrityNetWorth.com, Wallace has a net worth of around $3 million. Of course, his popularity has played a key role in it as has some eventful scenarios in his happening career so far. Currently, he earns $2.2 million as reported by webstory.co.in. While most of his earnings have come through racing, advertisements and merchandise sales have also played a key part. It will only get interesting depending on how he performs in the playoffs.

The no. 23’s NASCAR career

After having started racing at nine, Bubba Wallace gained popularity when he won 35 of the Bandolero Series’ 48 races in 2005. However, it was in 2010 that he got entry into NASCAR as he started competing in the NASCAR K&N Pro Series East series. As part of NASCAR’s Drive for Diversity program, he was signed as a development driver for Joe Gibbs Racing.

While he did that, it was in 2012 that he made his NASCAR Xfinity Series debut as he drove for JGR at Iowa Speedway. A year later, Wallace made his Truck Series debut while driving the #54 Toyota for Kyle Busch Motorsports. However, his Cup Series only journey started in 2017 when he was chosen to replace the injured Aric Almirola to drive for Richard Petty Motorsports.

After competing in four races, Wallace was able to secure it full-time the following season. Having said that, the biggest breakthrough of his career came in 2020 when the newly formed 23XI Racing confirmed the Alabama-born driver as their first-ever Cup Series driver.

With Denny Hamlin and Michael Jordan as the team owners, Wallace has not only got their strong backing but has managed to find some individual success. Before the start of the 2023 season, the 29-year-old had two wins to his name, one coming at the Talladega Superspeedway and the second one at Kansas Speedway.

READ MORE: “Tell Em To Bring Me My Money” – Bubba Wallace on Massive Feat With Michael Jordan’s Team

The 2023 campaign has been a positive one for Wallace as he qualified for the playoffs for the first time in his Cup Series career. While it is good news for him, it is even better for all his sponsors.

Endorsements of Bubba Wallace

With Bubba Wallace’s growing popularity, several endorsements have come his way. While he is the brand ambassador of Columbia Sportswear, DoorDash remains his primary sponsor. At the same time, McDonald’s, Leidos, and Dr. Pepper also add to the list of his endorsers.

Along with the sponsorships, Wallace has also occupied himself in various other ventures.

Other financial ventures of the NASCAR driver

Off the track, Bubba Wallace has explored his talents in quite a few creative activities. In 2022, he released his documentary ‘Race: Bubba Wallace’ on Netflix. Interestingly, the docuseries got an impressive response from his fanbase as it gave an insight into Wallace’s struggles and success.

Aside from that, the 23XI Racing driver was also seen in Post Malone’s 2021 song “Motley Crew”. While Wallace manages to make money from such ventures, the sale of his merchandise, including watches, T-shirts, hats, die-casts, and many such items on NASCAR’s official website, only helps him increase his income on a daily basis.

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