Return To Busch Series
In 1994, Parsons returned to the Busch Series on a limited schedule for Bill Papke. He won his second and final Busch race at the Champion 300, and finished 25th in points after running just seventeen races. He went back to full-time racing in 1995 in the #99 Luxaire Chevy owned by his wife Marcia, posting nine top-tens and finishing eighth in points. The following season, he switched his car number to #10 with sponsorship from Channellock. He began the season with consecutive third-place finishes but moved down to ninth in points. The next season, he finished in the top-ten in each of the first six races of the season posted a best finish of sixth in points. He also made his final Cup debut that season for SABCO Racing at Darlington, when he replaced Joe Nemechek, who was on bereavement leave (Nemechek's brother John was killed at Homestead the previous week). He finished 31st.
With sponsorship from Dura Lube in 1998, Parsons matched his 1997 points finish. Alltel joined as primary sponsors for 1999, but Parsons failed to qualify for the NAPA 200 and dropped to fifteenth in the standings. At the end of the season, he merged his team with ST Motorsports to drive the #59 Kingsford Chevy, and finished twelfth in points despite just two top-tens. After that season, he joined ESPN and eventually SPEED as a commentator for truck races. His last start in NASCAR competition came at Kentucky Speedway in 2001. Phil also serves as a Pit Reporter for NASCAR on TNT. Driving the #97 Curb Agajanian Performance Group car, Parsons started fifth but finished 34th after a wreck late in the race.
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