Sebastian Saavedra will be reunited with former Dragon Racing team-mate Sebastien Bourdais in 2014 after being confirmed as the driver of KV Racing Technology's second car.
The Colombian will drive the #17 entry, which will be jointly run by AFS Racing. He will compete under the banner of KV AFS.
"I am very thankful to be part of a great project that we have been working on for a good while now," said Saavedra.
"Seeing the AFS car back in action and with a great partnership with KV Racing Technology is something that brings a lot of excitement.
"All of this gives me great confidence to push not only my limits, but the team's too.
"It's also great to be back working with Bourdais. I believe we have unfinished business out there."
The upcoming season will be the 23-year-old's third in IndyCar, and second successive year as team-mate to Bourdais.
2014 IndyCar line-up so far: Team Engine Driver(s) AJ Foyt Racing Honda Takuma Sato Andretti Autosport Honda M Andretti/C Munoz/J Hinchcliffe/R Hunter-Reay Bryan Herta Autosport Honda Tba Chip Ganassi Racing Chevy S Dixon/T Kanaan/R Briscoe/C Kimball Dale Coyne Racing Honda Justin Wilson/tba Ed Carpenter Racing Chevy Ed Carpenter (ovals)/Mike Conway (road/street) KV Racing Technology Chevy Sebastien Bourdais/Sebastian Saavedra Panther Racing Chevy Tba Rahal Letterman Racing Honda Graham Rahal/Tba Sarah Fisher Hartman Honda Josef Newgarden Schmidt Peterson Honda Mikhail Aleshin/Simon Pagenaud Team Penske Chevy JP Montoya/H Castroneves/W Power