The 25-year-old Connecticut native will reprise his role behind the wheel of the team’s #14 Chevrolet-powered entry, with Sexton Properties continuing as the primary sponsor.
The 2023 season marked Ferrucci’s first year with the AJ Foyt Racing, which also marked his first full-time drive in IndyCar since 2020.
Although together the group ended the year 19th in the standings, there was a burst of potential showed after a fourth-place start was converted into a third-place result in the Indianapolis 500.
It not only stands as a career-best finish for Ferrucci, who has finished in the top 10 in all five Indy 500 starts, but it gave the organisation its best outing in the crown jewel event since Eliseo Salazar finished third in the 2000 race. The year prior saw Kenny Brack victorious in the Indy 500 for Foyt.
“I’m super stoked to be back with the team," said Ferrucci. "It’s really good to start building some continuity with everybody and I think it’s going to improve our results.
"My expectations for the year are to come out of the gate a lot more prepared than we were last year; working with Penske things are hopefully going to be a lot smoother and I'm looking forward to being back at the Indy 500 again."
Source: Autosport