Despite Honda scoring just two wins in IndyCar this season, Ganassi has gone back to the brand that powered the team to nine of its 11 drivers' titles and 77 of its 102 victories. The team describes it as a "multi-year agreement."

Explained team owner Chip Ganassi: “We’ve had a long and successful relationship with Honda over the years and we look forward to getting it back on track.

"I feel a little like I am going home after having previously spent 12 years with them. Much of our organization’s success has been with Honda power in our cars so we are all very excited.”

Art St. Cyr, President, Honda Performance Development, declared: “The Honda-Ganassi association is one of the most successful in the history of Honda’s North American racing programs.

"The Ganassi organization was one of our partners when Honda won its first Championship Auto Racing Teams (CART) Manufacturers’ Championship in 1996; and a Ganassi driver, Jimmy Vasser, won our first CART drivers’ title that same year.

"The Honda-Ganassi partnership has produced 77 race victories and multiple series championships in both CART and IndyCar, including all three of Dario Franchitti’s Indianapolis 500 wins and Scott Dixon’s championship season in 2013.

"We welcome the return of our partnership, and look forward to returning to Victory Circle together in 2017.”