QPR manager John Gregory has agreed a new two-year extension to his contract that will keep him at Loftus Road until the end of the 2008/09 season.
Gregory took over as QPR manager in September last year
The 52-year-old took over from Gary Waddock in September and assured QPR's Championship status next season.
QPR chairman Gianni Paladini said: "The impact he has made since he arrived here in September has been quite staggering. He has our 100% backing.
"He is the right man to lead us to what we hope will be a very bright future."
Gregory added: "I personally have never been happier. I'm delighted to accept the offer made to me by chairman Gianni Paladini.
"I feel very honoured to have been the manager of QPR for the last seven months and to have been given the task of keeping us in the Championship. Now that has been secured, the rebuilding has to begin."