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Parks at times fielded cars for Fonty Flock and Curtis Turner before eventually pulling out of the sport.
The Hall of Fame, which opened last month, features several of Parks' donated trophies.
"I'm proud of my involvement in NASCAR over the years and with the opportunity to partner with the NASCAR Hall of Fame," Parks said in a statement when he donated his collection last year.
Parks was not among the inaugural five members inducted into the Hall of Fame last month.
"It would have been really nice if he had lived until he had gone into the Hall of Fame," said team owner Rick Hendrick. "His contribution to this sport was so, so great that would have been really cool for that to have happened."
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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