Hazelwood and his 2017 Dunlop Super2 team, Matt Stone Racing, will together make the move in the Supercars Championship main game.

To facilitate the step up, the team has secured the use of Jason Bright's Racing Entitlements Contract for 2018 and '19.

MSR has entered into an arrangement with DJR Team Penske to source one of its Falcons, which has been purchased for the team by South Australian former driver and businessman James Rosenberg. Additional support and assistance in finding sponsorship comes from IT entrepreneur Jason Gomersall, who races a Matt Stone Racing-built Holden Torana in the Touring Car Masters series.

"There is no better time to make this transition and start an exciting new chapter of my career,” Hazelwood told supercars.com.au.

“I am more than ready for this and I'm so fortunate that we have been able to achieve this deal.

“I am so grateful to have such incredible people in my corner like Matt, Jason and James and cannot wait to see what we will achieve in 2018."

Matt Stone is the son of Jim Stone, who with brother Ross ran the highly successful Stone Brothers Racing Supercars team in the 1990s and 2000s. The Stone brothers retired from Supercars racing in 2012; the former SBR today is Erebus Motorsport.

“The success we achieved with Todd and the team in 2017 demonstrates we are more than ready to make this exciting transition,” Matt Stone said.

“We are prepared and have the key ingredients to be successful when we arrive in Adelaide in 2018."