SHR extends Quicken Loans as Ryan Newman's sponsor

Associated Press Modified: October 2, 2012 at 3:01 pm •  Published: October 2, 2012
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KANNAPOLIS, N.C. (AP) — Stewart-Haas Racing announced some much-needed sponsorship Tuesday when Quicken Loans said it will double its commitment to Ryan Newman.

Quicken Loans, a new sponsor in NASCAR this year and the primary backer for nine races with Newman, will return for 18 races next year.

The extension comes as team co-owner Tony Stewart is searching for a good chunk of funding for his three-car organization. The U.S. Army has said it won't be back as primary sponsor for Newman, and Office Depot is leaving as a co-primary for Stewart — which opens up a hole of 22 races for Stewart.

Stewart admitted Tuesday that he's "definitely" been worried.

"We've got a couple of big holes on the sponsorship side, so (Quicken Loans) definitely fills a big part of that and definitely helps us," Stewart said. "Takes a lot of the pressure off of ensuring whether or not we will have this car on the track full time next year. It will be on the track full time."