Kimi Raikkonen has agreed to rejoin Ferrari on the Formula 1 circuit.

Raikkonen previously drove for Ferrari from 2007-09 and will sign a two-year deal to return to the organization. He won nine races and the 2007 driver title during his first stint with Ferrari.

"I am really happy to be returning to Maranello where I previously spent three fantastic and very successful years," said Raikkonen on the Ferrari team website. "I have so many memories of my time at Ferrari, memories which have stayed with me these past years, first and foremost, winning the world championship title in 2007, which was really unforgettable."

Raikkonen left Formula 1 after his initial run with Ferrari and returned to the circuit last year with Lotus. He finished third in last year's standings and this year sits fourth with a victory in the season-opening Australian Grand Prix.

"I am pleased to welcome Kimi back to the Scuderia, the team with which he won his world championship title," said Ferrari's Stefano Domenicalli. "I sense he is very happy to be returning to Maranello and very determined to tackle the work that awaits him in the best way possible."

The 31-year-old native of Finland has 20 career F1 victories. He will join Fernando Alonso on the Ferrari team and will replace Felipe Massa, who revealed Tuesday that he will be leaving Ferrari after eight seasons.