"I'm delighted to sign a new deal with Cardiff and I want to take this club where they belong - to the Premier League."
Former Rangers and Motherwell striker McCormack has publicly stated his desire to play in English football's top flight saying he would "like to give the Premier League a chance".
He also admitted he would be tempted by a move to Scottish Premier League giants Celtic.
And following the disappointment of missing out on last season's Championship play-offs, speculation mounted over McCormack's future with the Bluebirds.
Team-mate Roger Johnson secured a move to the Premier League after joining Birmingham City last week.
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