Penrite Racing has announced an unchanged driver line-up for 2020, confirming the re-signing of 2017 Bathurst 1000 Champion David Reynolds.
The 34-year old was off contract at the end of this season, but the team has signed a deal to see him stay until the end of 2029.
“I’m rapt to re-sign with Erebus Motorsport, and this is something very special to me and the team,” Reynolds said.
“It gives me good security and I can concentrate on my job and doing the best for my team.”
The ten-year deal is the biggest ever inked for the sport and represents a serious commitment from both parties.
“You do long term deals with long term people and I’m here for the long haul; I am going to stay for as long as I can.
“I never thought about leaving, it was just figuring out what we were signing, and I have found the best home for me.
“We have gone from strength to strength and grown to be one of the best teams in pit lane, so we’re going to continue to do that and move forward.”
Reynolds has been with the team since their move to Holden in 2016, playing a key role in its ascension to a winning team.
They’ve enjoyed a brilliant run of success together, winning the Bathurst 1000 in 2017,plus 6 pole positions, 4 race wins, and 17 podiums.
“Confirming David will remain with us for a long term is great news, and something we are really proud of,” CEO Barry Ryan said.
“Both Erebus and Dave believe in each other; we can feel a sense of security simply based on the length of the term and the commitment shown.
“Dave has brilliant driving skills, but he’s also brought a very calm nature to our team which can be very important in sometimes stressful sports, like motorsport.
“We haveachieved a lot together, but at the same time still feel we have so much more to prove.”
The news takes the team and its drivers out of the silly season, with young gun Anton De Pasquale signing back in July.
“Dave and Anton have proved to be great team-mates and have helped push each other, and our team forward.
“Having them locked away for a third season together means we can hit the ground running and go to each event with history on our side, which only enhances performance.”
Reynolds and De Pasquale currently sit 6th and 10th in the driver standings as they head into this weekend’s ITM Auckland SuperSprint.