The No. 88 Chevrolet driver, who won March 1 at Auto Club Speedway, was one of several Cup drivers in a contract year this season.
Bowman joins Ryan Blaney, who signed a contract extension with Team Penske in March, as drivers who have removed themselves from the market in NASCAR’s premier series next year.
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Hendrick Motorsports has all of its drivers locked up beyond this year aside from Jimmie Johnson, who has announced 2020 would be his final full-time season in Cup.
After a two-month layoff, NASCAR will return to racing Sunday at Darlington Raceway.
Bowman is four races into his third full season at Hendrick. He made the playoffs the past two seasons and scored his first Cup victory last year at Chicagoland Speedway.
Pumped to lock down the contract extension for 2021! Couldn’t be more excited to return to @TeamHendrick next season and keep the good times rolling in the 88! Thanks for all the support, can’t wait to get to Darlington tomorrow. pic.twitter.com/b1YNHViR5n
— Alex Bowman (@AlexBowman88) May 16, 2020