NASCAR Hall of Famers think new format has been great, added excitement RELATED: Follow your picks in the Chase Battle Grid Presented by Toyota HOMESTEAD, Fla. -- Dale Jarrett and Rusty Wallace each won championships at NASCAR's highest level under a season-long cumulative points system, years before the advent of the Chase for the NASCAR Sprint Cup playoffs. This year's format is a drastic change from the system of their heyday, with eliminations, rewards for winning and consistency all part of the equation. Even though the current complexion of the Chase represents a dramatic shift, both retired drivers said they'd have welcomed a shot at the title under this year's revised rules. "I would've loved to have been a part of it," Jarrett said. "I think all your champions will tell you the reason they're champions is because of how they thrive and handle pressure-packed situations, and I think we're seeing exactly that. I get ramped up doing the telecasts so I can't imagine what it would've been like driving." The two NASCAR Hall of Famers swapped stories and offered their thoughts about the state of the sport in a rollicking half-hour news conference Friday at Homestead-Miami Speedway , site of the season-ending Ford EcoBoost 400 (Sunday, 3 p.m. ET, ESPN). Both former drivers will share in calling the championship finale in their roles as TV analysts. Wallace and Jarrett each won one title in NASCAR's premier series a decade apart, with Wallace reigning in 1989 and Jarrett's crowning moment coming in 1999. For selfish reasons, Wallace said he would have preferred if the idea had been hatched for the new-look Chase during his racing career. "For me, they told me if we'd had this format while I was driving, I'd have won three championships with the amount of wins I've had," Wallace said. "So yeah, I like this a lot. I think it's an exciting series with what they're doing now." Wallace said several fellow members of the NASCAR Hall of Fame would have adapted well to the new format, reeling off the names of Bill Elliott and Dale Earnhardt Sr. as drivers who relied on a healthy mix of winning plus consistency. Jarrett added the name of NASCAR Hall of Fame nominee Terry Labonte to the list, but went back even further to marvel at what Hall of Famers Fireball Roberts or Junior Johnson could have accomplished under Chase rules. "I think that it would've fit all different eras if we had this type of format in those times," Jarrett said. Both agreed that the new format has increased the intensity of the racing this season, some of which has spilled over to post-race confrontations. Jarrett said that some of those same issues cropped up during his driving days, but that the spotlight's glare wasn't as wide as today's, with social media and traditional media expanding the number of eyes focused on the sport. Wallace pointed to Ryan Newman brushing aside rookie Kyle Larson last weekend as an instance of the hard-edged racing that the new Chase format has created. While some of the extracurriculars go over the line and result in punishment, Wallace said there's still a balance in what qualifies as acceptable and what isn't. "It has changed a little bit, but I think the drivers being able to get out there and have a lot of contact and not being penalized for it is a good thing nowadays," Wallace said. "The fighting, the beating each other up -- I'm not a big fan of that. I do like controversy and I do like excitement, and I think that was OK to tolerate. Everybody's going to have a different approach." MORE: READ: Latest Chase news PLAY: Monitor your Chase Grid Game picks WATCH: Latest NASCAR video FOLLOW LIVE: Get RaceView FULL CHASE COVERAGE • Chase hub page • Chase Grid games • #MyChaseNation
Blake Shelton gives a touching speech as he introduces and offically inducts Dale Jarrett into the NASCAR Hall of Fame.
Alan Cavanna talks with Dale Jarrett about the people in life who helped him achieve racing immortality.
Dale Jarrett reflects on his family and how they helped him reach the NASCAR Hall of Fame.
The 1999 NASCAR champion Dale Jarrett has won three Daytona 500's, two Brickyard 400's including races across 16 different track to make the 2014 NASCAR Hall of Fame nomination list.
Dale Jarrett talks about what it means to be in the Hall of Fame and what a surprise it was to be voted in.
Greg Wallace and Jason Jarrett reflect on a childhood in racing
Dale Jarrett is surprised by his first ballot pick to soon join his father in the NASCAR Hall of Fame.
Ned and Dale Jarrett remember Dale's first NASCAR Cup Series win for the Wood Brothers in the 1991 Champion Spark Plug 400 at Michigan International Speedway.
Parrott named Director of Competition for RCR's XFINITY Series program Former championship-winning crew chief Todd Parrott has been hired by Richard Childress Racing as its NASCAR XFINTIY Series Competition Director, effective immediately, the team announced Saturday. RELATED: Drivers and crew chiefs on the move in 2015 Parrott, who most recently led Tommy Baldwin Racing 's No. 36 Sprint Cup Series team with driver Reed Sorenson , brings a wealth of experience to RCR with 20 years as a crew chief at Cup level. During that time, he won 31 races while earning 144 top-five and 230 top-10 finishes. Through a span of 606 starts, Parrott also led teams to 23 pole awards and finished in the top five driver points standings six times. His best season was in 1999 when he led NASCAR Hall of Famer Dale Jarrett to the Sprint Cup championship. "This is an incredible opportunity for me and I am looking forward to working with RCR's XFINITY Series drivers, crew chiefs, (RCR Director of Competition) Dr. (Eric) Warren and everyone involved with the team," Parrott said in a team release. "I have known Richard Childress and Mike Dillon for many years and our families go back a long time. "They already have a solid program and it's now up to me to take the ball and run with it for next year. I'm looking forward to the challenges that lie ahead, winning several races and adding another championship for the organization." Parrott, 50, is a native of Charlotte, North Carolina and followed in the footsteps of his father, Buddy Parrott, who won 49 races in 511 Sprint Cup Series starts during a 22-year career. The second-generation crew chief will report to Dr. Eric Warren, Director of Competition for RCR. "I worked with Todd Parrott for several years at a prior team and I have never met a more passionate person when it comes to working hard and winning races," Warren said. "Todd is organized and has great instincts about how to get performance out of both cars and teams. He is a proven winner with championship talent and has always overachieved with every team for whom he's worked." MORE: READ: Latest Chase news PLAY: Monitor your Chase Grid Game picks WATCH: Latest NASCAR video FOLLOW LIVE: Get RaceView FULL SERIES COVERAGE • Latest news • Standings • Schedule