Tyler Reddick announced Sunday that he has signed a multi-year contract extension with 23XI Racing, keeping one of the sport’s hottest drivers with the organization for the foreseeable future.

The news was revealed during FOX’s NASCAR RaceDay broadcast, where Reddick confirmed the agreement himself. According to reports from FOX’s Chris Myers, the extension is worth between $8 million and $9 million annually.

Reddick’s new deal comes during a dream start to the 2026 NASCAR Cup Series season. Through the first nine races, he has already collected five victories and leads the championship standings. His hot streak also included his first career win in the Daytona 500, giving team co-owners Michael Jordan and Denny Hamlin their first Daytona 500 triumph as owners.

Reddick expressed excitement about staying with the team and continuing to build on what they have started together.

“We got the deal done. I’m going to be continuing my future here at 23XI Racing,” Reddick said. “Excited to have all that done and continue building on what we’ve done.”

Now in his fourth season with the organization, Reddick has become the most successful driver in team history. Since joining 23XI Racing, he has earned 10 wins, 10 poles, 35 top-five finishes, and 58 top-10 finishes. He also delivered the team’s first Championship 4 appearance in 2024, finishing a career-best fourth in the final standings.

The announcement adds even more momentum to an already dominant season. Reddick was also set to start from the pole for Sunday’s Jack Link’s 500 at Talladega Superspeedway.

With his future secured and his performance at an elite level, Tyler Reddick and 23XI Racing look positioned to remain one of NASCAR’s top championship threats for years to come.