News Analysis: Jimmie Johnson signs contract extension

What happened: Jimmie Johnson is not ready to join the exodus of star drivers and drive off into the sunset just yet. The seven-time champion, whose contract was set to expire at the end of the season, has signed a three-year extension with Hendrick Motorsports that would keep him in the No. 48 car through 2020. In addition, Hendrick announced Lowe’s will return for 38 races next season.

What it means: If Johnson had chosen to walk away after this season, it wouldn’t have been much of a surprise. He turns 42 in September and has won far more money and trophies than he could have ever dreamed. But he’s still competitive and has a desire to race, so the idea of driving until age 45 — the age Matt Kenseth is now — seems fine to him. Heck, he might even race beyond that point. Johnson is obviously in outstanding shape and his performance isn’t dropping off (he’s already won three times this season). So as long as he’s enjoying himself and can maintain the work-life balance between NASCAR and raising his two young daughters, why not keep racing?

News value (scale of 1-10): Let’s go with a 6 here. The news in this case is really that Johnson has no plans to retire anytime soon. We’ve been so used to NASCAR’s big names calling it quits lately — between Jeff Gordon, Tony Stewart, Carl Edwards and Dale Earnhardt Jr. — that one of them opting to stick around for awhile seems to buck the trend.

Questions: In addition to the seven titles, Johnson has 83 wins; how many more can he get in the next three-plus seasons? Will crew chief Chad Knaus (whose contract runs through the end of next season) stick with Johnson for the duration? How will this affect Hendrick’s driver development plan?

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