Wallace, the last 10 cars to qualify in the final round, easily topped Christopher Bell with an average lap speed of 190.703 mph.
Wallace and Bell (189.898 mph) will share the front row to start Sunday’s race at Michigan International Speedway.
The pole is Wallace’s first in his career and first in 23XI Racing, owned by NBA legend Michael Jordan and trophy driver Denny Hamlin.
“It was tough — it took me five years to get my first position,” Wallace said. “It’s a testament to everyone at 23XI, everyone on this #23 team, they’ve done a tremendous job all year. We just didn’t get the finishes we deserved.
“I’m proud of everyone that went through that, and a lot of adversity on this team. We keep showing up ready for battle and that means a lot. To get out here and get that column, we knew we had speed from the (tyres) test. That’s good when you line up. things.
“Now the real work is tomorrow, right? We know this is a completely different ball game. A good starting point for us but we are resetting and preparing for tomorrow.”
Bell’s teammate, Joe Gibbs Racing, Kyle Busch – who was the fastest in training on Saturday – finished third (189.868 mph). Joey Logano and Austin Sendrick rounded out the top five.
Complementing the top 10 starting lineup are Tyler Riddick, Martin Truex Jr., Kyle Larson, Hamlin and Eric Jones.
In all, Toyota drivers earned five of the top 10 starting positions.
Round 1 / Group B
Wallace also bolstered his speed from training, recording the fastest average lap speed in Group B (189.964 mph).
Lugano finished second (189.225 mph) and Larson came third (189.220 mph).
Also advancing to the final round of playoffs were Reddick and Truex.
Among those who failed to qualify for the final round of Group B was Ty Gibbs – in this third week he replaced Kurt Bosch, Chase Elliott and Ross Chastain.
Round 1 / Group A
Kyle Busch bolstered his speed in practice by leading the way in Group One qualifying with an average lap speed of 190,024 mph.
Bosch’s JGR teammate, Bill, was second fastest (189.949 mph) and teammate Hamlin was third (189.269 mph).
Cendrick and Jones also advanced to the final round of Group A.
“It’s been a long time since we got to the second round,” Jones said. “I feel like we have a good group. I feel comfortable with this car here. I feel like I know what I need to go fast.”
Among those who failed to advance were Kevin Harvick, William Byron, Austin Dillon and Brad Keselowski.