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The team had moved up from the Busch Series and signed Spam as a full-time sponsor but after many DNQ's and the best finish of seventeenth at Texas Motor Speedway, the team lost its sponsor and Wallace found himself without a ride. 52 Purolator-sponsored Chevrolet Silverado for Ken Schrader Racing.Despite only running fifteen races that season, he finished twenty-third in points.Wallace and Owen also ran a pair of Cup races, their best finish a twentieth at Atlanta.They ran the entire Busch schedule in 1993, with sponsorship from FDP Brakes.It also marked the first time since the 1950s that three brothers competed against each other in a Winston Cup race, as Rusty and Kenny drove in that race also.In 1992, Wallace signed on with Moroso Racing to pilot the No. They also ran a Cup race together at Atlanta Motor Speedway, where Wallace finished thirty-third.
Wallace made his Busch Series debut in 1990 at the season-closing Winston Classic at Martinsville Speedway.Although he did not win that season, he won his first career NASCAR pole at New Hampshire International Speedway and had seven top tens en route to a fifteenth-place point finish.He also ran six Busch races for Andy Petree Racing, Washington-Erving Motorsports, and the Curb Agajanian Performance Group, his best finish coming at IRP for Petree.He also finished in the top-ten in each of the last four races of the season, including California Speedway, where he finished second.Wallace returned to run the Truck Series full-time in 1998 for Schrader.