Throughout his career, Terry Labonte was known for his consistency and ability to perform well on various types of tracks, including superspeedways, short tracks, and road courses. Affectionately known as the "Iceman" due to his calm demeanor on the track, Labonte earned 22 wins in the Cup Series, with notable victories including the Coca-Cola 600, the Southern 500, and the Brickyard 400.

Labonte retired from full-time racing in 2004, but he continued to make occasional appearances in NASCAR events, including the Daytona 500 and other races.

In recognition of his achievements and contributions to the sport, Labonte was inducted into the NASCAR Hall of Fame in 2016, cementing his legacy as one of the sport's all-time greats.