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With Penske partnership ending, Newman to weigh options

Updated: July 14, 2008, 5:11 PM ET
By Angelique S. Chengelis and David Newton | ESPN.com

Penske Racing has decided it will not re-sign Ryan Newman, who has been with the team since 2000.

"It's what is best for him and best for us," a Penske Racing spokesman said. "We're going to focus on getting him in the Chase and then move on."

Newman, driver of the No. 12 Alltel Dodge Charger, said last month he would not re-sign with Penske unless the performance of his team improved significantly. He met with Penske following the race at Daytona earlier this month.

"I ...

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