Chip Ganassi Racing has signed long-time Andretti partner DHL to sponsor Alex Palou's #10 car in IndyCar from 2024.
DHL has sponsored Andretti since the 2011 IndyCar season, while Jamie Chadwick also contested the 2023 Indy NXT season with Andretti in DHL colours.
But it had been rumoured that it was moving away earlier this year, and that Ganassi was its most likely destination.
Ganassi has not confirmed the exact length of the DHL deal but describes it as “multi-year”.
It means Palou will wear the famous yellow and red of the logistics company - most recently driven by Romain Grosjean for the last two years - as his previous American Legion sponsor moves across to Linus Lundqvist’s car.
Ganassi has not issued a press release or formally announced Palou is remaining at the team for 2024, although eponymous team owner Chip Ganassi confirmed Palou's stay in a short response to a question in a TV interview after Palou’s second title earlier this year.
In this DHL announcement, Ganassi added: “I am looking forward to Alex and the #10 team defending their 2023 title with DHL on board. The road ahead holds great promise and potential, and I can’t wait to get started.”
It is likely Ganassi will not make a formal individual announcement - Palou's existing Ganassi contract will end at the conclusion of 2023, so he has likely signed a new deal with Ganassi - owing to the active lawsuit Palou is involved in.
He is being sued by McLaren for breaching a contract it alleges he signed with it to race in IndyCar in 2024, which was supposed to include ex-Ganassi sponsor NTT adorning his car.
DHL also mentioned Palou in the team's announcement.
“As we sponsor this winning motorsports team with Alex Palou behind the wheel, we look forward to many winning moments both on and off the track in the months and years to come,” said Mike Parra, CEO of DHL Express Americas and head of global sponsorships.
Palou, Ganassi and Parra are due to speak later on Tuesday after the announcement.