Kyle Busch Reportedly Has Multi-Year Deal with Joe Gibbs Racing

Mike Hoag@MikeHoagJrCorrespondent IIJanuary 11, 2013

DAYTONA BEACH, FL - JANUARY 11: Kyle Busch, driver of the #18 Toyota, stands in the garage area during NASCAR Sprint Cup Series Preseason Thunder testing at Daytona International Speedway on January 11, 2013 in Daytona Beach, Florida. (Photo by Chris Trotman/Getty Images for NASCAR)
Chris Trotman/Getty Images

Kyle Busch reportedly signed a multiyear extension to remain with Joe Gibbs Racing (JGR) back in December but hasn’t officially announced it, according to reports by ESPN’s David Newton.

Busch, who was involved in a multi-car crash caused by Dale Earnhardt Jr. during Friday’s Daytona International Speedway test session, did not confirm or deny the reports when asked by USA Today reporters.

"Everybody will find out on (the team's) media day what's coming down," Busch told USA Today’s Nate Ryan.

That media availability runs from Jan. 21-24.

"I anticipate we'll have something to announce," Busch said, according to Ryan. "Whether I'm staying or going, I'm not sure."

Busch was widely considered the biggest free agent on the market prior to inking an extension with his former team.

His previous season’s success didn’t factor much into his desirability on the open market. Busch won just one race and failed to qualify for the Chase last season.

While that may be a big disappointment, the 27-year-old still finished in 13th place in the Sprint Cup standings.

He had an off year, but Joe Gibbs knows that Busch is one of the mainstays of his team, which also includes Matt Kenseth and Denny Hamlin.

Gibbs also saw some untimely things happen for his driver in his down year.

"I don't know I've ever seen a car as Kyle's this year with that many tough things happen with it," Gibbs said, according to Ryan. "It's one thing each and every week. I appreciate the way he's been able to handle those things."

Busch, Hamlin and Kenseth are all locked up for the foreseeable future. Hamlin is already working on a fresh extension, and Kenseth recently joined up.

JGR’s future is looking bright now that Busch is back in the saddle and ready to improve upon a disappointing 2012 season.