1994 Goodwrench 500

The 1994 Goodwrench 500 was the second stock car race of the 1994 NASCAR Winston Cup Series season and the 29th iteration of the event. The race was held on Sunday, February 27, 1994, in Rockingham, North Carolina, at North Carolina Speedway, a 1.017 miles (1.637 km) permanent high-banked racetrack. The race took the scheduled 492 laps to complete. At race's end, Penske Racing South driver Rusty Wallace would manage to dominate the majority of the race to take his 32nd career NASCAR Winston Cup Series victory and his first victory of the season. To fill out the top three, Morgan–McClure Motorsports driver Sterling Marlin and Precision Products Racing driver Rick Mast would finish second and third, respectively.

The layout of North Carolina Speedway, the venue where the race was held.

North Carolina Speedway was opened as a flat, one-mile oval on October 31, 1965. In 1969, the track was extensively reconfigured to a high-banked, D-shaped oval just over one mile in length. In 1997, North Carolina Motor Speedway merged with Penske Motorsports, and was renamed North Carolina Speedway. Shortly thereafter, the infield was reconfigured, and competition on the infield road course, mostly by the SCCA, was discontinued. Currently, the track is home to the Fast Track High Performance Driving School.

• (R) denotes rookie driver.

Qualifying was split into two rounds. The first round was held on Friday, February 25, at 2:30 PM EST. Each driver would have one lap to set a time. During the first round, the top 20 drivers in the round would be guaranteed a starting spot in the race. If a driver was not able to guarantee a spot in the first round, they had the option to scrub their time from the first round and try and run a faster lap time in a second round qualifying run, held on Saturday, February 26, at 11:30 AM EST. As with the first round, each driver would have one lap to set a time. For this specific race, positions 21-40 would be decided on time, and depending on who needed it, a select amount of positions were given to cars who had not otherwise qualified but were high enough in owner's points; up to two provisionals were given. If needed, a past champion who did not qualify on either time or provisionals could use a champion's provisional, adding one more spot to the field.

Geoff Bodine, driving for his own Geoff Bodine Racing team, would win the pole, setting a time of 24.132 and an average speed of 151.716 miles per hour (244.163 km/h) in the first round.

Seven drivers would fail to qualify.