Baird, who is regarded as one of the most successful Porsche racers in the world, jetted out to Korea this morning to take part in the Asian GT series with Clearwater Racing as the announcement was made.
Erebus Motorsport chief executive Ryan Maddison said it was important to keep the continuity going after their solid results last year.
“Lee and Craig performed fantastically during last year's enduro series so it's great to have them teaming up again,'' said Maddison.
“Craig is an experienced and accomplished driver in his own right and Lee's championship results for Erebus this year have been great, highlighted by his memorable win at Winton.
“With the advances the team has made so far this year, I know the pair are really hungry to get back in the car together again and we expect them to be equally as competitive if not more than they were last year.
“We believe we have assembled a great team with four pedigree drivers heading into the enduros.''
Holdsworth acknowledges that the results with Baird in the long distance events where among the best he had for the championship in 2013.
“Our results were really encouraging for the team and they were our best throughout the year,” Holdsworth said.
“Having a driver that's similar in technique to you is really important and being familiar with the team is a big thing as well.”
The enduro races will compliment Baird's already busy schedule that includes the Australian Porsche Carrera Cup, GT Asia and the Australian GT Championship.
“I know a lot of people say this and don't mean it but I do, Lee and I are really similar in what we want with the car and what we feel so one thing I don't have to worry about is setting the car up. I have 110 per cent faith in Lee and what he does with the car,” said Baird.
Baird believes that following Holdsworth's Winton win and continued development of the Mercedes engine package in-house places the #4 car as a podium contender in the trio of long distance races.
“There's no reason in the enduros that we can't look at get podiums,” Baird said.
“Last year the reality of podiums and wins probably wasn't really there, whereas this year Lee has proved the speed of the car and himself, so we are as good a chance as anyone else.''
The Wilson Security Sandown 500 opens the Enduro Cup from September 12-14 with the Supercheap Auto Bathurst 1000 from October 9-12 while the Gold Coast 600 decides the shared driver events from October 24-26.