As previously announced, Toy State and their Nikko RC and Road Rippers brands will serve as the majority sponsor for the season.
"This is a really great time for us," said team owner, Tommy Baldwin. "Having a driver with Regan's credentials further elevates our program. He's a seasoned driver and a proven race winner. We're really looking forward to 2016."
A native of Cato, NY, Smith is equally as eager to get the season started.
"This has been a crazy few days, but I'm really excited that we were able to put this together," he said. "I have a ton of respect for Tommy and what he's built there. It's going to be a lot of fun."
"Our son Rhett turns one next month, so I'll be putting in my request for some Road Rippers cars. That's a pretty good perk too!"
Smith's career in NASCAR boasts a total of 7 wins, 34 top-five's and 94 top-ten's across the three National Touring Series, including the storied Southern 500 at Darlington in 2011.