Penske Racing President Tim Cindric has now confirmed what Sirius Speedway first reported earlier this week; that Sprint Cup driver Sam Hornish, Jr., and Nationwide Series star Justin Algaier have no full-time sponsors in line for next season, and are free to explore opportunities elsewhere. Hornish's Mobil One sponsorship will end at the conclusion of this season to make room for Kurt Busch's new Shell/Pennzoil deal in 2011, while Verizon is currently evaluating its Nationwide program with Algaier and is not expected to return.
Cindric told Sirius NASCAR Radio’s Claire B. Lang Wednesday, “I’d hate to say (Algaier) was free to go, but there is a mutual respect there. We haven’t been able to put (anything) together yet and we want to see him land on his feet. If he has another opportunity out there, we would be more than happy to see him succeed and we would work with him on those fronts, although our first choice would be to keep him in one of our cars.”
Cindric also said Penske is still searching for a sponsor for Sam Hornish’s #77 Sprint Cup car, and that Hornish is also free to talk with other teams about next season. In his words, “I wouldn't say anything is for sure, (but) you can't race without the funding. If there are opportunities for him… we're certainly not going to stand in his way as far as furthering his career. But we'd certainly like for him to be able to continue with us."