DAYTONA BEACH, Fla. (AP) - Ryan Newman snapped an 81-race winless streak to win the Daytona 500. But the victory ended an even longer drought for car owner Roger Penske, who earned his first Daytona 500 victory in 23 years as an owner.
Penske is the most successful owner in open-wheel history with 14 wins in the prestigious Indianapolis 500. Now he has a victory in NASCAR's showcase event.
The Penske cars were quiet for 199 of the 200 laps, letting Joe Gibbs Racing stars Tony Stewart and Kyle Busch race each other in a battle of Toyotas. With one lap to go, it appeared Stewart finally would get a Daytona 500 win in his 10th try.
But the two Penske cars driven by Newman and Kurt Busch flew past him on the top, and Newman pulled away for his first win since New Hampshire in September 2005.
Stewart settled for third.
(Copyright 2008 by The Associated Press. All Rights Reserved.)