Ambrose returned to Richard Petty Motorsports for 2012. In February he almost won the Budweiser Shootout with bump-drafting help from Keselowski; but lost the lead just as he took the white flag to Tony Stewart and eventual race winner Kyle Busch. Ambrose said after the race that despite losing the Shootout the race was his best performance on a restrictor plate track (although he also had several top-tens at previous plate races, such as a 4th-place finish at Talladega in the spring 2009 race).