The introduction of NASCAR's Open Exemption Provisional rule, which guarantees Helio Castroneves a spot in the Daytona 500, has been criticized by insiders.

Wallace, who last raced in NASCAR on an oval in 2015, had already announced his plans to attempt to qualify for the race next month.

Mike Wallace has not been approved by NASCAR to attempt to compete in the Daytona 500 next month with MBM Motorsports due to inactivity in the sport over the last few years. NASCAR confirmed that

NASCAR has not approved former driver Mike Wallace to compete in the Daytona 500, a NASCAR spokesperson confirmed Monday night to NBC Sports. MBM Motorsports announced Jan. 2 that the 65-year-old Wallace would drive for the team in its attempt to make the Feb.

NASCAR Cup Series organization MBM Motorsports is seeking a funded driver for the 67th running of the Daytona 500, after their previously announced pilot, Mike

Mike Wallace’s hopes of a Daytona 500 comeback have been dashed by NASCAR, citing his age, recent inactivity, and perhaps lingering shadows from a 2020 suspension.

Mike Wallace announced he'd attempt the Daytona 500 at age 65. Ten days later, NASCAR says 'not so fast.' Here's the reason.

NASCAR veteran Mike Wallace has been denied a planned entry in the Daytona 500 by series officials. The 65-year-old Wallace

Wallace's surprise return to the top level of NASCAR has been upended by the news that the 65-year-old was not approved for the series' biggest race.