The 68th running of the Daytona 500, held on February 15, 2026, was a historic and volatile event that marked a significant milestone for 23XI Racing and the NASCAR Cup Series. Tyler Reddick, driving the No. 45 Chumba Casino Toyota, captured his first Daytona 500 victory and the ninth win of his Cup Series career by leading only the final lap of the race. This triumph delivered a monumental win for team co-owners Michael Jordan and Denny Hamlin, coming just two days before Jordan's 63rd birthday.

The race was defined by high-stakes competition and extreme parity, setting a new Daytona 500 record with 25 different leaders and featuring 65 lead changes. This edition of "The Great American Race" also served as the inauguration of the newly reinstated "Chase" championship format, a 10-race postseason model that rewards cumulative points and consistency over the previous elimination-style system.

The afternoon was marred by heavy attrition, most notably "The Big One" on Lap 124. This 20-car wreck—affecting half the field—was triggered by Justin Allgaier, who admitted full responsibility for an ill-timed block on Denny Hamlin as the pack exited Turn 4. While many favorites like Kyle Larson and Alex Bowman sustained catastrophic damage, Bubba Wallace navigated the debris to win the second stage under caution.

The finish was a display of "Daytona madness". Carson Hocevar led the field at the white flag but spun in Turn 1, handing the lead to Chase Elliott. Reddick, trailing in third, received a decisive aerodynamic push from his teammate Riley Herbst. In the final 500 yards, Reddick slalomed past Elliott as chaos erupted behind them. Herbst’s attempt to block a charging Brad Keselowski triggered a multi-car collision that sent Elliott, Keselowski, and Joey Logano sliding across the finish line in smoking heaps. Reddick emerged unscathed, crossing the finish line 0.308 seconds ahead of Ricky Stenhouse Jr., with Logano, Elliott, and Keselowski rounding out the top five.

For Michael Jordan, the victory was deeply personal and gratifying, as he noted it felt "like winning a championship". 23XI Racing was the only organization to place all three of its full-time entries—Reddick (1st), Herbst (8th), and Wallace (10th)—in the top ten.

Beyond professional success, the win provided a joyful conclusion to a difficult 2025 for the Reddick family. Reddick’s infant son, Rookie, who had successfully undergone surgery to remove a chest tumor in late 2025, was present in victory lane alongside his older brother Beau to celebrate the achievement. Reddick expressed "surreal" disbelief at the win, especially after snapping a 38-race winless drought on NASCAR's biggest stage.

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