Team Principal Dave Brailsford outlined the challenge facing the team - one he believes that Chris and the staff will be ready for.
He said: “Some of cycling’s greatest stories have been played out at the Giro d’Italia and next year gives us the chance to write a chapter of our own.
“We’ll be taking Chris to the Giro with the aim of winning three consecutive Grand Tours, and then going on to France with the goal of winning the Tour.
“It’s something that we have looked at in detail as a team. Some of the very best riders have attempted to win the Giro d’Italia and Tour de France in the same season but very few have been successful, so it’s a challenge we have enormous respect for.
“But it’s challenges like this that speak to what we’re about as a team – setting ambitious targets, preparing for them properly and being ready to put it all on the line.
“Chris has established himself as one of the greats of our sport. He’s certainly one of its fiercest competitors, and the great competitors take on the biggest challenges.
“We’re really excited about 2018. This is a new motivation for the whole team and something that all those who follow our sport can be excited about too.”