Motor racing legend Craig Lowndes will remain with the Triple Eight Supercars team for another two years after renewing his contract.

The 42-year-old winner of six Bathurst 1000 titles says it was a "no-brainer" to continue because he is still motivated and competitive.

The three-time series winner joined the Brisbane-based team 12 years ago and has finished either second or fourth in the championship every year.

"I've been here a long time now and we've enjoyed a great amount of success together over the years," Lowndes said in a statement on Tuesday.

"I've always said that if I'm still motivated and I'm still competitive, then I'll keep going.

"I'm enjoying racing as much as I ever have, so it was a no-brainer for me to continue."

Triple Eight managing director Roland Dane said he was delighted to extend the contract and described the driver as "part of the family".

"There was never a question mark for me over whether we wanted Craig to stay with the team and I'm pleased we've been able to confirm the extension relatively early in the season," Dane said.

"We've achieved an awful lot during his time with Triple Eight and we aim to continue building on that into the future."