Joe Gibbs Racing to introduce Kyle Busch on Tuesday

CHARLOTTE, N.C. -- Kyle Busch will have a three-year deal beginning in 2008 to drive the No. 18 at Joe Gibbs Racing.

He will be formally introduced at JGR's Huntersville, N.C., shop on Tuesday morning at 11 a.m.

JGR president J.D. Gibbs acknowledged on Sunday at Watkins Glen International that Busch would replace J.J. Yeley but that the deal had not been completely finalized.

"Right now we feel good about it and the direction we're going," Gibbs said.

ESPN.com reported on Aug. 6 that Busch selected JGR over Chip Ganassi Racing, Dale Earnhardt Inc., Richard Childress Racing and Evernham Motorsports.

Busch acknowledged that he had notified the other teams he made a decision, but that the contract wasn't signed.

Busch became available when Dale Earnhardt Jr. was signed to replace him at Hendrick Motorsports.

Gibbs said Interstate Batteries will remain at least a partial sponsor of the No. 18, but didn't rule out another sponsor coming in. He reminded the company gave up half of its races a few years ago.

"Like we have in the past, they may choose to give up some races, move stuff around," Gibbs said. "They're the ones that have been there and started the deal."

David Newton covers motorsports for ESPN.com.