Posted June 30, 2012 on
AP on Fox
Denny Hamlin will not test NASCAR's free-agent market, agreeing Saturday to a contract extension with Joe Gibbs Racing.
Hamlin announced the extension on Twitter before Saturday night's race at Kentucky Speedway. Terms of his extension were not released, but he locked up a new deal almost 15 months before his current contract with JGR was set to expire.
In a message posted just as drivers were about to be introduced, Hamlin Tweeted, ''IT'S OFFICIAL. I've signed an extension with (at)JoeGibbsRacing. Happy to know where my future is. Excited for tonight and beyond with my team.''
Hamlin told The Associated Press earlier this week he saw no reason to look around at other race teams, in part because of his stability at JGR and with sponsor FedEx. The economy has changed dramatically since Hamlin's 2005 tryout with JGR, but FedEx hasn't reduced its commitment to the team or the driver.
FedEx sponsors 36 of the 38 Sprint Cup Series races.
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Denny Hamlin has signed a contract extension with Joe Gibbs Racing. An announcement is expected later tonight.
"We pride ourselves on long-term deals," team owner Joe Gibbs said, but would not reveal the terms. "Denny's done a great job for us and he's done a great job for FedEx."
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Denny Hamlin, driver of the #18 Dollar General Toyota, sits in his car during practice for the NASCAR Nationwide Series Feed The Children 300 at Kentucky Speedway on June 28, 2012 in Sparta, Kentucky. (June 27, 2012 - Source: Chris Trotman/Getty Images North America)
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