Menard, the 2011 Brickyard 400 winner, will retire after 13 full-time seasons in the Cup Series. The season finale at Homestead-Miami Speedway will be his 471st start.
This year was his second season driving for Wood Brothers Racing. Menard, 39, joins David Ragan in being the second long-term veteran to announce their retirement from full-time racing after this season.
“I’ve enjoyed every moment of my career racing in the NASCAR Cup Series and I’m so thankful for all the great memories and friendships I’ve made through this sport,” Menard said in a press release. “But I’m looking forward to spending more time at home with my wife Jennifer and our two young children while moving forward with the next chapter of my life.
“I want to thank everyone at Wood Brothers Racing, along with Team Penske, and our partners at Menards, Motorcraft, Quick Lane Tire & Auto Centers and Ford. It’s been a privilege to work with them and some of the true legends of our sport, including Andy Petree, Dale Earnhardt Jr., Robert Yates, Richard Petty, Richard Childress, Roger Penske and Glen and Leonard Wood. I’m excited for what the future holds and I’m looking forward to sharing the plans for 2020 and beyond in the coming weeks.”
Said DiBenedetto in a statement: “I am so excited about this opportunity to race for one of the most successful teams in NASCAR history beginning in 2020. The No. 21 Ford is one of the most accomplished and iconic cars in our sport and it will be an honor to join Wood Brothers Racing and help carry on the team’s tradition of success in NASCAR. I want to thank Eddie and Len Wood, Kim Wood Hall, Menards, Edsel Ford and Ford Motor Company for this opportunity.”
The news about DiBenedetto’s new ride comes after he was informed by Leavine Family Racing last month he wouldn’t return to the No. 95 Toyota next season.
DiBenedetto, 28, is in his fifth season of Cup competition. Sunday’s Brickyard 400 was his 166th start. He has six top-10 finishes, including three top fives this season. All of those have come in the last 11 races. One of his top fives was a runner-up finish in the Bristol night race, where he led a race-high 93 laps but lost to Denny Hamlin.
DiBenedetto will be a guest on NASCAR America MotorMouths at 5 p.m. ET Wednesday on NBCSN.
“We want to thank Paul Menard for his dedication to the team over the last two seasons,” said team President and co-owner Eddie Wood in a statement. “We’re looking forward to a strong finish to 2019 and we wish him nothing but the best for the future. All of us at Wood Brothers Racing are excited to welcome Matt DiBenedetto to the team beginning next season. Matt has shown a lot of promise on track and everyone has seen it in his results this season, especially over the past several months. We want to continue to build on that success together as we gear up for 2020 and the future of Wood Brothers Racing.”
Later in a press conference, Menard said he expected Menards to remain as a full sponsor on the No. 21 and Ryan Blaney‘s No. 12 car.