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Joey Logano signs extension with Penske Racing through 2023

DAYTONA BEACH, Fla. -- Joey Logano, whose strong performance and demeanor have provided some stability to the Team Penske No. 22 NASCAR Cup car, will be in that ride for at least another six years.

The 26-year-old Logano has signed a contract extension that Penske officials said goes through at least 2023. Shell/Pennzoil and crew chief Todd Gordon also signed extensions for the same amount of time. Shell will be the primary sponsor for at least 30 races each season.

Logano has driven for Penske since 2013, winning 15 races and finishing as high as second in the standings. His current deal had gone through 2018.

"This was one of those decisions that was a no-brainer," Logano said. "When you're able to find yourself in an amazing opportunity with a lot of winners around you, that's great. ... I want to be with people who want to win as bad as me."

The No. 22 car had three drivers in the two years prior to Logano's arrival with Kurt Busch parting ways with team after a few behavioral episodes, AJ Allmendinger being suspended the following year for a failed drug test and Sam Hornish Jr. then completing the season.

Logano came in and provided stability for both Penske and the sponsor. Team owner Roger Penske leverages the sponsorship with his fleet of 244,000 trucks, and Penske said that the ability to have access to one fuel and oil supplier that is the same company is key. His engineers work hand-in-hand with those from Pennzoil/Shell in the development of products as well.

That relationship allowed the program benefit amid a little bit of driver turmoil.

"We trust our partner to find the right solution together going forward," Shell global retail executive vice president Istvan Kapitany said. "Operational issues which might come up in motorsports or in business is not impacting the strategic partnership."

Penske said he doesn't like to wait to work on contract extensions at the last minute and indicated he also is working on a deal to extend Brad Keselowski beyond this season.

"We try to set our contracts up one or two years ahead of time," Penske said. "This was a perfect time to execute this [Logano/Shell] deal. ... Our trucks are running every day.

"The amount of fuel we can buy across the country: What we are able to do is connect with their low-cost suppliers across the country gives us a chance for our fleets [to save money]. This is pure business to business."