Bubba Wallace has been offered a partial ownership stake in Richard Petty Motorsports, team co-owner Andrew Murstein told Forbes.com.
“We’re in discussions with [Wallace] about an extension that includes ownership in the team,” Murstein said.
This offer comes after Wallace has been linked to two vacant rides in the past month for next season, to the No. 42 of Chip Ganassi Racing by Adam Stern of Sports Business Daily and as a possibility for the No. 48 of Hendrick Motorsports last month by Bob Pockrass of Fox Sports.
Wallace has had an eventful summer, taking a stand against racism by running a Black Lives Matter car at Martinsville Speedway, everything connected to the ripple effects of a garage rope fashioned in the shape of a noose found at Talladega Superspeedway, and briefly feuding with Michael McDowell after being taken out of the NASCAR All-Star Open.
Wallace is also on-pace for a personal best full-time Cup season and the best full-time season for RPM since 2015, from an ownership points perspective.
Everything off-track has led to a number of sponsorship opportunities for Wallace, with Murstein telling Forbes that “We went from probably having one meeting a week with a potential sponsor to five the last five weeks or so.” And that has been shown with the team announcing a multi-race, multi-year sponsorship with CashApp this month along with Wallace securing a personal deal with Beats by Dr. Dre.
Murstein also stated that he expects a deal to close with Wallace “within the next couple of weeks.”