Dale Earnhardt Jr. has finally come to terms with Hendrick Motorsports and signed a five-year contract extension to remain the driver of the No. 88 Chevrolet through the end of the 2017 season.
Team owner Rick Hendrick said he and Earnhardt Jr. have had a "handshake agreement" in place for months, but left the details of the extension to others.
"My feelings haven't changed since the day he first signed with us," Hendrick said. "I'm committed as ever to putting him in the best possible situation to be successful and compete for wins and championships."
Pleased to put all of the contract negotiations behind him, Earnhardt Jr. said he and Hendrick "were on the same page" throughout the entire process.
"There were never any questions or hesitations from either of us," he said. "It was just, ‘Yeah, let's do it.' I'm really happy at Hendrick Motorsports and enjoy working with everyone here. The team's been very competitive this season, and we're all excited about the direction of things. I want to make sure we're giving our fans something to cheer about for a long time."
Earnhardt Jr. currently sits ninth in the NASCAR Sprint Cup Series standings and is on track to make this year's Chase for the Sprint Cup.