Deal will give Castroneves at least one more crack at a fifth Indianapolis 500 win.
Castroneves' win at Indianapolis in 2021 was the first IndyCar win for the team, which competed in IndyCar for the first time in 2017.
"I’m so excited that myself and Meyer Shank Racing have renewed for 2023," Castroneves said in a press statement on Friday."I’m super optimistic for an amazing season because of everything that we have built this season—all the positive data and positive energy. I can’t thank Mike and Jim enough and of course all of our partners.
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