Oriol Servia will drive for PKV Racing in this year's Champ Car World Series, the team announced on Thursday.
The Spanish driver, who started two races for the team at the end of 2007, and raced for them full-time the year before, is the first driver to be confirmed at the team.
"I am very excited to have the opportunity to continue with PKV Racing," said the 33-year-old. "I know the team and they know me.
"This will be only the second time in my whole career that I am able to race with a team that I have been with before.
"I feel that the relationship the team and I have established in the past will be very important as we compete for the championship in 2008."
Team co-owner Jimmy Vasser added: "We believe that having Oriol compete for the team provides us with the best opportunity to continue developing a championship-calibre programme.
"Oriol, who is not only one of the most experienced and best drivers in the series, but also a good friend, gives us the best chance to contend for the championship."
The team plan to race two cars in 2008, and they are expecting to make a decision on their second seat following a series of driver evaluations.