The cooking competition - which gives amateur chefs across America the chance to secure a cookbook deal, cash prize and follow their culinary dreams - will return for a sophomore outing next year.
"It's amazing and refreshing to see how much passion and raw talent there is from amateur home cooks across America. It's extraordinary the amount of energy and excitement the show brought in season one, and I'm thrilled to be back at Fox for a second season," said Ramsay.
"Gordon Ramsay is an incredible talent and the biggest culinary star on television today, so we're very happy to have Gordon and MasterChef back for another season on Fox," said Mike Darnell, the network's president of alternative entertainment.
"MasterChef has resonated with viewers this summer, and we look forward to seeing where Gordon takes the show in season two."
The winner of the programme - which also features Joe Bastianich and Graham Elliot as judges - receives the title of 'America's Best Home Cook', a cookbook publishing deal and a $250,000 prize.
MasterChef continues tonight at 8/7c on Fox, with the season finale airing September 15.