The drivers had a coming together on the track, in which Wallace was knocked into the outside wall by Larson, on lap 95, before coming down the track and slamming into the right rear of Larson’s Chevrolet.
The impact sent both cars spinning, with playoff driver Christopher Bell being caught in the crash, knocking him out of the race as well.
With the race coming to slow, Wallace exited his car and headed towards Larson who had got out of his wrecked vehicle.
Wallace then began shouting at Larson and shoving him as the altercation threatened to turn very ugly before stewards intervened.
Speaking after the crash, Wallace was adamant that it was Larson’s “poor driving” that had caused the incident and that he had every right to let him know his feelings.
Wallace said: “When you get shoved in the fence, deliberately like he (Larson) did, trying to force me to lift—the steering was gone, and he just so happened to be there.
“I hate it for our team. We had a super-fast car—not on short run speed, we were kind of falling back there and Larson wanted to make it a three-wide dive bomb. He never cleared me. I don’t lift.
“I know I’m kind of new to running up front, but I don’t lift. I wasn’t even in a spot to lift, he never lifted either and now we are junk. P*** poor move on his execution.”
Wallace then told NBC about the physical confrontation with Larson: “He [Larson] knows. He knows what he did was wrong. He wanted to question what I was doing, and he never cleared me. I just hate it for our team.
“Our McDonalds Toyota Camry was super solid—just needed to find a little bit on the short run and get the balance where we needed it. It would have been like Kansas and now the car is junk.”
Wallace has since apologized to Larson and others in a statement he posted on social media.
He wrote: “I compete with immense passion, and with passion at times comes frustration. Upon reflecting, I should have represented our partners and core team values better than I did by letting my frustrations follow me outside of the car. You live and learn, and I intend to learn from this.
“I want to apologize to NASCAR and the fans, along with Christopher Bell, Joe Gibbs Racing, and Toyota for putting them in a situation in the Playoffs that they do not deserve.”
A spokesperson for NASCAR told Newsweek that there has been a sanction put in place following the incident.
They said: “NASCAR has suspended Bubba Wallace for one race for the actions during the race at Las Vegas Motor Speedway.”
There were a number of racing fans who took to social media to call for Wallace to face criminal charges over the coming together.
Taking to Twitter, many asked for the police to intervene and arrest the driver.
Nick Adams, a bestselling author who has been endorsed by former President Donald Trump, tore into Wallace in a number of tweets.
One of them suggested that the crash was so bad that the driver should face severe sanctions.
He tweeted: “Bubba Wallace is a terrible and violent person. McDonald’s should discontinue their sponsorship of his race team.”
Judicial Watch President Tom Fitton also asked on Twitter: “Is @BubbaWallace going to be arrested?”
Well, it would seem that this is not going to happen, just yet, unless Larson presses charges over the altercation.
Las Vegas Metropolitan Police Department told Newsweek, after being asked if charges could be brought: “The victim has not filed a report at this time. If the victim files a report regarding the incident, the LVMPD will investigate the allegations.”
So, as it stands at the moment, there will be no police charges brought against Wallace and after he sits out the next race, he will be back on the track again to resume his rivalry with Larson.