(AP Photo/Paul Sancya)

(AP) -- Bubba Wallace locked down his future with 23XI Racing on Friday and now is eyeing a spot in NASCAR's playoffs for the first time in his career.

Wallace and 23XI announced a multiyear contract extension that keeps Wallace in the No. 23 Toyota that was the foundation of Denny Hamlin and Michael Jordan's race team. The organization was launched around the only Black driver competing at NASCAR's top level and the many partners Wallace signed in 2020 when he became a central figure in the national reckoning on racial and social justice issues.

"It feels great to get this renewal done and to know I have a home at 23XI Racing," Wallace said. "Thanks to M.J. and Denny for continuing to believe in me. We've come a long way together in less than two years and we've checked off some major goals along the way. We know we still have work to do, both on and off the race track, but I feel good about our team and the direction we're heading."

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