DEAL DONE: Bubba Wallace signed a 5 year , $215,159,700 contract with the Hendrick Motorsports, including $215,159,700 guaranteed, and an average annual salary of $43,031,940

DEAL DONE: Bubba Wallace signed a 5 year , $215,159,700 contract with the Hendrick Motorsports, including $215,159,700 guaranteed, and an average annual salary of $43,031,940

DEAL DONE: Bubba Wallace Inks Historic $215M Contract with Hendrick Motorsports

In a groundbreaking move that has sent shockwaves through the NASCAR world, Bubba Wallace has officially signed a monumental five-year, $215,159,700 contract with Hendrick Motorsports. The deal, which includes a staggering full guarantee of the contract amount and an average annual salary of $43,031,940, marks one of the most lucrative agreements in NASCAR history—redefining the financial ceiling for stock car drivers.

Hendrick Motorsports, a dominant force in NASCAR with a long legacy of success, is betting big on Wallace, who has been steadily rising in both performance and popularity. The team confirmed the signing early Sunday morning with a statement celebrating Wallace’s arrival and emphasizing their commitment to continued excellence on and off the track.

“We’re thrilled to welcome Bubba Wallace to Hendrick Motorsports,” said team owner Rick Hendrick. “Bubba is an extraordinary talent with a unique blend of competitiveness, charisma, and determination. His journey and resilience have inspired millions, and we believe he has the potential to lead this organization into a new era of success.”

Wallace, 31, has been driving for 23XI Racing—co-owned by NBA legend Michael Jordan and NASCAR driver Denny Hamlin—since 2021. During his tenure, he secured multiple Cup Series wins, earned playoff appearances, and became a prominent face in the sport’s growing efforts toward inclusivity and social justice.

Now, with this massive move to Hendrick, Wallace is stepping into one of the most prestigious seats in motorsports. He is expected to take over the No. 5 car, currently driven by Kyle Larson, who is rumored to be exploring opportunities in Formula One and other international racing circuits.

“This is a dream come true,” Wallace said during the announcement. “When I started racing, my goal was to drive for one of the top teams in the sport. Hendrick Motorsports is a powerhouse, and to join them with this level of commitment and belief in my abilities—it means everything. I’m ready to get to work and chase championships.”

Wallace’s new contract eclipses most deals seen in recent memory, positioning him not only as a top driver but also as a brand ambassador, leader, and icon. His unique presence, especially as NASCAR’s only full-time Black driver, has drawn new fans to the sport and made him one of its most recognizable faces.

Analysts suggest this move could have far-reaching implications for NASCAR, potentially influencing how teams value star power, fan engagement, and social impact in their driver contracts. It may also trigger a new wave of high-stakes negotiations for other top-tier drivers entering free agency.

With Hendrick’s elite equipment and infrastructure behind him, Bubba Wallace now has the platform to compete at the highest level week in and week out. If he delivers on expectations, this deal could go down as one of the most transformational in NASCAR history.

Wallace is expected to begin racing with Hendrick Motorsports at the start of the 2026 NASCAR Cup Series season. Fans and rivals alike will be watching closely as the next chapter of his career unfolds under the brightest spotlight yet.