SAVE MONEY ON TRAVEL DEALS

Stewart raced for Gibbs for 12 years, winning championships in 2002 and 2005. He won 32 races and finished in the top 10 in points in eight of the last nine seasons.

The veteran driver's contract with Gibbs had run through 2009 but the two sides agreed to part ways after the 2008 season.

"We've had a lot of success with Tony in our 12 years here at Joe Gibbs Racing", Gibbs President J.D. Gibbs said. "While this moment is bittersweet, we're parting on good terms and we know that each of us has benefited greatly from the other."

Stewart is expected to make an announcement Thursday on his future NASCAR plans.

 BREAKING STORIES

Jimmie Johnson wins NASCAR pole

NASCAR makes changes in Budweiser Shootout

NASCAR hands down two probations

18-year-old to take Stewart's JGR ride

Castroneves wins IRL race at Sonoma

Massa captures European Grand Prix

Edwards defends Sharpie 500 title

Keselowski wins Nationwide race at Bristol

Carl Edwards grabs Bristol pole position

First Olympic motocross medals awarded

Olympic Medal: M Motocross Cycling

Olympic Medal: W Motocross Cycling

Motocross finals postponed

Joe Gibbs Racing employees suspended

Motocross makes Olympic debut

Carl Edwards completes Michigan sweep

Arrests made in N.C. street racing bust

Edwards wins Carfax 250 in Michigan

Newman to join Stewart-Haas Racing

Plea reached in Tennessee dragster crash