NASCAR announced that Mike Wallace has been indefinitely suspended for violation of: Behavioral Sections 12.1; 12.8; 12.8.1.e
The penalty is indefinite suspension and Wallace must perform sensitivity training as directed by NASCAR.
Per the rule book:
"Member actions that could result in a fine and/or indefinite suspension, or termination:
Public statement and/or communication that criticizes, ridicules, or otherwise disparages another person based upon that person’s race, color, creed, national origin, gender, sexual orientation, marital status, religion, age, or handicapping condition."