Team Penske confirms V8 Supercars entry with Marcos Ambrose

The team, which will be dubbed DJR Team Penske, will continue DJR's long-running association with Ford, with Ambrose to drive its iconic #17 entry.

"Team Penske is excited to partner with Dick Johnson Racing to compete in the V8 Supercars Championship starting next season," said Roger Penske.

"We believe in building our businesses through racing and our success on the track.

"With our new business ventures in Australia, it makes sense to showcase our brands through the V8 Supercars Championship and the opportunity to work with DJR and Marcos Ambrose convinced us to go forward."

Ambrose, who won two V8 titles with Stone Brothers Racing before moving to NASCAR, said that he was looking forward to returning to the series that first put him on the map.

"This is a great opportunity to return home to a place that I love in a Series where I've experienced a lot of success," said Ambrose, who earned two Sprint Cup and five Nationwide wins during his time in the USA.

"It will be an honour to race for two motorsport legends in Roger Penske and Dick Johnson."

Johnson, himself a five-time winner of the Australian Touring Car Championship and three-time victor at Bathurst, said that he is looking forward to the new partnership.

"I have always admired what Roger Penske has accomplished in business and with his racing teams, and it will be a thrill to work with Team Penske and Marcos in 2015," he said.