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Newman happy to extend stay at Stewart/Haas

"It leaves us without a sponsor right now. It is a big void. It is unfortunate. It's part of life. It's part of a bad economy," said Stewart of decision, announced last weekend. "It was a hard decision for them to have to back away from it.

"I'm appreciative of everything Office Depot has done for us, they were the first company to come on board when we started this deal," added Stewart. I understand as a business owner what they are faced with. You can't blame them. I understand 100 per cent why they had to do what they had to do."

Stewart concedes that with Office Depot and the US Army no longer supporting the team, committing to re-signing Newman is something of a financial risk.

“It is, but, it is something that is important to me," he said. "It was important obviously to Ryan. It was important to people on our team to get him re-signed. I'm just glad we got it done right now."




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#39 US Army Chevrolet Sprint Cup car driven by Ryan Newman [Photo Credit: Getty Images for NASCAR]
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Jeff Gordon, driver of the #24 Axalta Chevrolet SS, celebrates with a burnout after winning the Pure Michigan 400 NASCAR Sprint Cup race Sunday, August 17, 2014 at Michigan International Speedway in Brooklyn, Michigan. This was Gordon`s third win of the season. (Photo by Garry Eller/HHP for Chevy Racing)
With General Motors CEO Mary Barra, Jeff Gordon, driver of the #24 Axalta Chevrolet SS, holds the Michigan Heritage Trophy after winning the Pure Michigan 400 NASCAR Sprint Cup race Sunday, August 17, 2014 at Michigan International Speedway in Brooklyn, Michigan. This was Gordon`s third win of the season. In 2013, MIS began awarding the Michigan Heritage Trophy as a recognition and celebration of the automobile and it`s importance to the race track and the manufacturers competing in NASCAR. (Photo by Harold Hinson/HHP for Chevy Racing)
Jeff Gordon, driver of the #24 Axalta Chevrolet SS, celebrates with his crew after winning the Pure Michigan 400 NASCAR Sprint Cup race Sunday, August 17, 2014 at Michigan International Speedway in Brooklyn, Michigan. This was Gordon`s third win of the season. (Photo by Harold Hinson/HHP for Chevy Racing)
Joey Logano, driver of the #22 Shell-Pennzoil Ford, races Jeff Gordon, driver of the #24 Axalta Chevrolet, during the NASCAR Sprint Cup Series Pure Michigan 400 at Michigan International Speedway on August 17, 2014 in Brooklyn, Michigan. (Photo Credit: Jerry Markland/Getty Images)
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Kevin Harvick, driver of the #4 Jimmy Johns Chevrolet SS, qualified sixth Friday, August 15, 2014 for Sunday`s Pure Michigan 400 NASCAR Sprint Cup race at Michigan International Speedway in Brooklyn, Michigan. Harvick is 8th in the NASCAR Sprint Cup Series (NSCS) standings. (Photo by Alan Marler/HHP for Chevy Racing)
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Jeff Gordon, driver of the #24 Axalta Chevrolet SS, celebrates capturing the pole position Friday, August 15, 2014 for Sunday`s Pure Michigan 400 NASCAR Sprint Cup race at Michigan International Speedway in Brooklyn, Michigan. The was Gordon`s second pole position this season. He set a new track record in the final round of qualifying with a lap of 206.558 mph. Gordon is second in the NASCAR Sprint Cup Series (NSCS) standings. (Photo by Harold Hinson/HHP for Chevy Racing)
AJ Allmendinger, driver of the #47 Scott Products Chevrolet SS, races to win Sunday, August 10, 2014 in the Nascar Sprint Cup race at Watkins Glen International in Watkins Glen, New York. (Photo by Christa L. Thomas/HHP for Chevy Racing)
AJ Allmendinger, driver of the #47 Scott Products Chevrolet SS, celebrates his first Sprint Cup win Sunday, August 10, 2014 in the Cheez-It 355 race at Watkins Glen International in Watkins Glen, New York. (Photo by Christa L. Thomas/HHP for Chevy Racing)
AJ Allmendinger, driver of the #47 Scott Products Chevrolet SS, celebrates his win Sunday, August 10, 2014 in the Nascar Sprint Cup race at Watkins Glen International in Watkins Glen, New York.  (Photo by Alan Marler/HHP for Chevy Racing)
AJ Allmendinger, driver of the #47 Scott Products Chevrolet SS, celebrates his first Sprint Cup win Sunday, August 10, 2014 in the Cheez-It 355 race at Watkins Glen International in Watkins Glen, New York. (Photo by Christa L. Thomas/HHP for Chevy Racing)
Ryan Newman and Michael McDowell wreck at Watkins Glen International on Sunday, August 10 2014. (Photo Credit: Tom Pennington/NASCAR via Getty Images)

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