Updated

Paul Menard has signed a multi-year extension with Richard Childress Racing to drive the No. 27 Chevrolet in the Sprint Cup Series, the team announced on Friday.

RCR also revealed that his family-owned Menards home improvement stores has agreed to a multi-year sponsorship renewal of the No. 27 team.

Menard has driven for RCR, with Menards sponsoring the team's efforts, since the start of the 2011 Sprint Cup season. He finished ninth in his debut with RCR in the Daytona 500, and later in the season, he won the Brickyard 400 at Indianapolis Motor Speedway for his first career victory in the series.

"It is great to have Paul Menard back in the No. 27 Menards Chevrolet as our driver," team owner Richard Childress said in a statement. "He has shown his ability to be consistent, competitive and win on the NASCAR Sprint Cup Series level. He did that in the Brickyard 400 (2011) with us at Indy. Having (crew chief)'Slugger' Labbe and the entire crew coming back gives us something to build on to win more races, make the Chase and contend for a championship.

"We are very excited to continue our partnership with Menards. They are a great organization with strong customer service values who successfully use their racing program to promote their business. We couldn't be prouder to represent them as part of our race team and future."

Menard is in his sixth full season of Sprint Cup competition. He is currently 11th in the point standings, with two top-5 finishes and four top-10s in the first 11 races this season. Menard will start 22nd in Sunday's 600-mile race at Charlotte Motor Speedway.

"My family, all of our great team members at Menards and I are excited to extend our partnership with Richard and Richard Childress Racing," Menard said. "Being part of a family-owned and operated business, I can relate to the team's goals and objectives. We will continue to grow together and build our relationship, achieving even greater accomplishments in the future."

Menard is teammates with Jeff Burton (No. 31 car) and Kevin Harvick (No. 29) in Sprint Cup. Harvick is in his last year with RCR before he moves over to Stewart-Haas Racing for the 2014 season.