Champ Car team Pacific Coast Motorsports plan to remain in open-wheel racing and are aiming to run two cars in the merged IRL IndyCar Series this season.
As PCM were one of Champ Car's smallest teams and lack oval racing experience, there had been speculation that they would return to the American Le Mans Series rather than joining the unified IndyCar championship.
But team director Tyler Tadevic said Pacific Coast were determined to be part of American single-seater racing's new era.
"We are thrilled to have a unified series, without a doubt this provides the strongest platform for our partners going forward," he said.
"It is our intention for Pacific Coast Motorsports to continue its open-wheel endeavours.
"Our goal is to be on the IRL grid at the GAINSCO Grand Prix in Miami with two IndyCars. We are working diligently on this programme and welcome all opportunities.
"We are grateful to the Champ Car community and to our fans who have shown us great support and we look forward to a brighter future for open-wheel racing in North America."
Tadevic added that PCM also remained committed to the Atlantic series. The future shape of the former Champ Car feeder category remains unclear at present.
Pacific Coast Motorsports joined Champ Car at the start of 2007, running Alex Figge and Ryan Dalziel. The team made steady progress throughout their debut season, with Dalziel challenging for a podium in the wet at Toronto before a late collision relegated him to seventh.
Dalziel later lost his drive to Mario Dominguez as PCM worked to secure Mexican sponsors. They had run Dominguez's countryman David Martinez alongside Figge in testing at Sebring last month.