With no current sponsorship secured for a fulltime Nationwide series ride for 2011, Penske Racing president Tim Cindric said the organization would not stand in the way if driver Justin Allgaier is able to secure another ride for next season.

   “I’d hate to say he was free to go, but there is a mutual respect there,” Cindric told Sirius Satellite Radio’s Claire B. Lang on Wednesday night. “We haven’t been able to put (anything) together yet and we want to see him land on his feet.

   “Certainly 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.”

   Allgaier, 24, is in his second full season driving for Penske in the Nationwide Series. He earned his first career win earlier this season at Bristol, Tenn. He is currently fourth in the series standings.