Penske Racing and Ryan Newman have mutually agreed to move in new directions at the conclusion of the 2008 season.
"We want to thank Ryan for his hard work and contributions to Penske Racing over the past nine years," said team owner Roger Penske. "We wish Ryan all the best for the future and we'll continue to focus our efforts on making the Chase with Ryan and the Alltel Dodge team this season."
The driver of the Penske Racing #12 Alltel car for the 2009 NASCAR Cup season will be announced in the near future. - pr pr
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