By alley - Jun 27, 2017, 3:58 PM ET

Hendrick signs Elliott through 2022

Hendrick Motorsports has locked up Chase Elliott for at least four more years.

The organization announced Tuesday afternoon it had agreed to a contract with Elliott that would keep him in the No. 24 Chevrolet through the 2022 season. Elliott took over the famed car last season upon the retirement of four-time champion Jeff Gordon and earned Rookie of the Year honors. He also captured two poles, including for the season-opening Daytona 500.

"It means the world to me to be a part of this organization, and I couldn't be happier [about the extension]," Elliott said. "I wouldn't want to drive for anybody else but Hendrick Motorsports. I am very proud to be where I am, and I definitely take it upon myself to work hard and make sure I do my part for the company as we move forward."

Elliott's previous contract with Hendrick Motorsports ran through the 2018 season.

Through the first 16 races of the season, Elliott sits sixth in points and is looking for a second consecutive berth in the playoffs. The year started with a second pole award for the Daytona 500, and he has since led 169 laps and compiled 10 top-10 finishes.

A four-time winner of the Most Popular Driver award between the NASCAR K&N Pro Series East and the Xfinity Series, He's been voted into the All-Star Race in each of the past two seasons.

"As both a driver and a person, where Chase is today at 21 years old is unbelievable," said team owner Rick Hendrick. "With all the expectations and pressure, he's stayed focused on being himself and working as hard as he can.

"The pure driving talent has always been obvious, and he's doing so many great things off the track. He'll be a big part of our organization and our sport for many years. I'm looking forward to watching him continue to grow with us."