The Ganassi-Honda deal, which was announced this morning but is believed to have been signed at the penultimate race of the season in the first week of September, sees Chip’s team return to the manufacturer with which it is most closely associated in IndyCar.

Ganassi’s four CART Indy car championships, 1996 through ’99, came with Honda power before he elected to switch to Toyota units, with which Scott Dixon won the 2003 IRL IndyCar title. Reverting to Honda in 2006, Dixon won both the Indy 500 and the championship in 2008, before teammate Dario Franchitti went on a tear, racking up three championships and three 500s between 2009 and 2012.

However, for 2014, the team switched to Chevrolet power.

Said Campbell of today’s decision: “We are definitely disappointed.

"However, we are proud of the partnership and successes that Chevy experienced with Chip and his team, including their contributions to Chevrolet’s Manufacturer Championships over the past several years, plus eight race wins and Scott Dixon’s championship in 2015.”

Ganassi’s NASCAR team, which switched from Dodge to Chevrolet in 2008 following its merger with Dale Earnhardt Inc., will continue with the Bowtie in 2017.