Townsend Bell will rekindle his relationship with Sam Schmidt Motorsports after being announced as the driver of the team's second car for this month's Indianapolis 500.
It will be the third year in succession that Bell has raced at Indy for Schmidt.
"Fast and consistency win the Indianapolis 500," said Bell. "Returning to Indy with Sam and his team for the third year in a row will ensure I have both those ingredients again in 2012. For the past two years, my guys have provided me a fast race car, and I know the #99 car will give me another shot at winning."
Bell has qualified inside the top 10 on both of his previous Indy starts with the Schmidt team, although his best result at the Brickyard remains his fourth place with KV Racing in 2009.
"Townsend is one of those drivers that gets it done at Indy." said Schmidt. "To say we have unfinished business together at Indy may be a cliche, but it is true. We've started our first two races together with legitimate shots at winning. This year should be no different."