Two-time Formula One champion Fernando Alonso will race for Arrow McLaren SP at this year's Indianapolis 500, where the Spaniard will try to complete motor sport's "Triple Crown" with a victory, the team announced on Tuesday. 

"I am a racer and the Indy 500 is the greatest race in the world. I love the incredible fans who make it so special for all of us drivers and make me want to come back," Alonso said in a team statement.  

He made his debut at the 2017 edition with McLaren and led for 24 laps before he was forced to retire due to engine failure. 

He did not return for the 2018 edition and last year failed to qualify. 

At Indianapolis, he will guide his new team's two young full-time drivers, American Oliver Askew and Mexico's Pato O'Ward. 

"I have a special relationship with McLaren; we've been through a lot together and that creates a bond, a loyalty that is strong," Alonso added. 

He finished 13th on his Dakar Rally debut in January, nearly five hours behind winner Carlos Sainz. Alonso came second in one stage but his first attempt at the Dakar was a bruising affair as he suffered a double rollover in the 10th stage after hitting a dune at an awkward angle.  

The 38-year-old is hoping to become only the second driver after the late Briton Graham Hill to complete the so-called "Triple Crown of Motorsport," having already won both at Monaco and Le Mans, the 24-hour endurance race, twice. 

(With input from agencies)