The penalty has been attributed to sections 4.4.B&D of the NASCAR Rule Book, which stipulates the NASCAR Member Code of Conduct.

The incident occurred when Wallace made contact with the right side of Bowman's Chevrolet. This came after an earlier incident on lap 25, where Bowman's actions resulted in Wallace spinning in Turn 2. Reflecting on the moment, Bowman expressed remorse, acknowledging that he had "ruined [Wallace's] day" due to a series of poor decisions and mechanical distractions.

Despite the incident, Bowman emerged as the winner of the race, securing a coveted spot in the upcoming playoffs. Prior to the race, Bowman held a comfortable 51-point lead above the cutline. On the other hand, Wallace, finishing 13th in Chicago, now finds himself below the cutline, marking him as the first driver in the standings outside the playoff cutoff.

In light of the incident, Bowman expressed his belief that Wallace shouldn't face further penalties for their post-race contact, stating that the impact was minimal and well-deserved given the circumstances. It is worth noting that no other penalties were issued from the Chicago event.

The substantial fine handed to Bubba Wallace highlights NASCAR's commitment to maintaining a high standard of behavior and sportsmanship among its members, as outlined in the NASCAR Rule Book. It also serves as a reminder of the importance of on-track conduct and the consequences that can result from any violations.

Moving forward, both drivers will need to put this incident behind them and focus on their performance in the upcoming races, with Wallace potentially needing a strong finish to secure his place in the playoffs.

As of now, Wallace has not made any public statements regarding the fine, but it remains to be seen how this incident will impact the rest of his season and his overall standing within the sport. NASCAR fans will undoubtedly be watching closely as the racing action continues to unfold.