Joe Gibbs Racing announced Thursday that DeWalt will be the primary sponsor for 15 NASCAR Sprint Cup races next season for the No. 20 team for Joe Gibbs Racing.
Matt Kenseth‘s team needed sponsorship after Dollar General announced May 23 that it was not returning to the sport.
“I’m looking forward to getting the DeWalt colors back to victory lane,” Kenseth said at Daytona International Speedway.
Car owner Joe Gibbs was asked if this meant a contract extension for Kenseth. Gibbs said: “Our plan is Matt is going to retire here.”
DeWalt also announced that it has added four races as primary sponsor for Kenseth’s No. 20 team this year — Chicago, Dover, Kansas and Homestead. DeWalt will provide primary sponsorship for six Xfinity races this season with Erik Jones and Daniel Suarez for Joe Gibbs Racing.
Gibbs said that the organization feels “pretty confident” about filling the remaining sponsorship gaps on Kenseth’s car for next season.
Kenseth enters Saturday night’s Coke Zero 400 — which can be seen on NBC — with a win and is 10th in the season standings. DeWalt is Kenseth’s sponsor this weekend and also will be on Jones’ car for Friday’s Xfinity race on NBCSN.