Nascar Nextel Cup Series former driver Rusty Wallace during practice for the Pepsi 400 at Daytona International Speedway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports Copyright © 2007 Mark J. Rebilas
(KSDK Sports) -- On the eve of his induction to the NASCAR Hall of Fame, Rusty Wallace announced Tuesday he will return to the sport as a team owner, too.
Rusty Wallace Racing will campaign a No. 66 Ford for Steve Wallace in a limited Nationwide Series campaign this season. The team announced only the May 25 race at Charlotte Motor Speedway with sponsorship from Richard Tocado Companies, a Charlotte-based mortgage and real estate firm. A release said additional events would be named later.
"I think we all learned a lot over the last year or two and we're looking forward to having the opportunity to show it," said Wallace, who will be among the fourth class enshrined at the Hall of Fame in a Feb. 8 ceremony. "Our goal for 2013 is to compete in 10 to 15 events."
Rusty Wallace Racing fielded cars in Nationwide from 2004-11 and skipped last season because of a lack of sponsorship.
Steve Wallace, 25, drove for the team from 2005-11 with 34 top 10s in 192 starts and a career-best finish of fourth at Montreal in 2011. His best points finish was seventh in 2009. He finished 10th in the standings in 2010-11.