Ricardo Juncos has always had big dreams. Today, he announced that his team will enter the Indianapolis 500.

The Argentinian purchased cars from KV Racing last week, which shut down its operation after more than 14 years in the Verizon IndyCar Series. Juncos already has a championship organization in the Mazda Road to Indy series, but is aiming to be in IndyCar in 2018, possibly full-time.

“I am so happy to officially announce our participation in the Verizon IndyCar Series,” Juncos said. “This is a dream come true for me and my team. It’s been only two months since our grand opening of the new Juncos Technical Center, which was a huge moment for us. Now we are becoming a new team in the Verizon IndyCar Series and will run in ‘The Greatest Spectacle in Racing,’ the Indianapolis 500. This is definitely one of the biggest moments in my life.”

The Juncos Technical Center in Speedway is a 40,000 square foot building that includes eight car bays, paint booth, simulator room, and machine shop. Juncos thanked Mark Miles and Jay Frye, but also acknowledged Kevin Kalkhoven for his support. “He has been extremely helpful during this transition and, with his continued support and help with all of his experience in racing, we are confident going into this next level.”

Juncos has fielded a team in Pro Mazda every year since 2009. They won championships in 2010 and 2014 with current IndyCar drivers Conor Daly and Spencer Pigot. They also won the 2015 Indy Lights title with Pigot behind the wheel.

The team said drivers and engine partner will be announced later, but the DW12 cars they purchased also came with the Chevrolet superspeedway aero kits. Kyle Kaiser and Nicolas Dapero are the team’s current drivers in Indy Lights.