Team owner Roger Penske considered bringing Ryan Newman back to the Penske Racing organization last year but the deal fell through.
During in seven Sprint Cup seasons with Penske (2002-2008), Newman won 13 races before moving to Stewart-Haas Racing in 2009. According to a report from Sporting News, as Newman’s contract with Stewart-Haas was up for renewal last year, Penske approached Newman before choosing Joey Logano to drive the No. 22 Shell-Pennzoil car.
He also talked to Quicken Loans, Newman’s sponsor, but there wasn’t enough sponsorship for Newman for a full season. Quicken Loans will sponsor Newman for 18 races at Stewart-Haas Racing as part of Newman’s one-year deal.
“I talked to Ryan at one point before we talked with Logano. Obviously sponsors help you make some of those decisions. Quicken was a company from Detroit and there was a potential opportunity to hook up with Newman. We just didn’t have the balance of the support to run three cars,” Penske said.
He added he would likely first consider Sam Hornish Jr. for a Cup ride if the organization expands to three Cup teams. However, he would take another look at Newman as well. Penske said he could increase his Cup operation to three cars under his Ford contract but that would mean cutting back from having two full-time Nationwide teams.