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Wallace can't own team, commentate on races

Updated: July 24, 2007, 9:30 AM ET
By Marty Smith | ESPN.com

Rusty Wallace announced last week he will expand his NASCAR Busch Series operation to two teams in 2008. But what about Sprint Cup?

Wallace said Monday he would like to field Sprint Cup Series teams. However, his contract with ESPN/ABC forbids that, given the conflict of interest involved in commenting races in which teams he owns compete.

So he is contemplating the future sale of a majority stake in Rusty Wallace, Inc., he told ESPN.com Monday.

"Selling off a majority ...

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