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Menards to sponsor Pagenaud for 10 races in '17

SONOMA, Calif. -- Roger Penske has sponsorship locked down for three of his IndyCar teams next season, with Menards signing on for 10 races with Simon Pagenaud to drive the bright yellow colors of the home improvement store.

The announcement Saturday returns John Menard to a high-profile role in IndyCar after a long absence. The billionaire was a team owner and sponsor in the series but walked away after the 2004 season to back his son, Paul, in NASCAR.

Menard made a slow return to Indy this year as a sponsor for Pagenaud in the 100th Indianapolis 500, and that deal grew to cover five races.