CONCORD, N.C. — Kasey Kahne is out at Hendrick Motorsports at the end of the season.
The Brickyard 400 winner was released from the final year of his contract, allowing him to pursue another Cup ride for 2018. Team owner Rick Hendrick did not immediately name a replacement for the No. 5 Chevrolet.
Hendrick has seven-time champion Jimmie Johnson, Chase Elliott and Alex Bowman in the fold for next season. The organization could turn to 19-year-old Xfinity Series driver William Byron to fill the seat. Former Cup champions Matt Kenseth and Kurt Busch also don't have contracts for next season.
Kahne, 37, will finish the season driving the No. 5 Chevrolet for Hendrick. He has six victories in six seasons with Hendrick, including one at Indianapolis last month that qualified him for the playoffs.
"He's a tremendous teammate and person, and he has been totally dedicated to our program since day one," Hendrick said in a statement Monday. "I've always believed that he's a special talent, and I know he will thrive in the right situation. We will do everything we can to finish the season as strong as we can."
Kahne's win at Indianapolis wasn't enough to save his job.
"We won six races together and I'm coming off of one of the biggest wins of my career at the Brickyard, which has given the (No.) 5 team a lot of momentum heading into the playoffs," Kahne said. "We still have a lot of racing left in 2017 and finishing strong is our top priority. I look forward to what the next chapter in my career holds."
Kahne's fate had been in limbo for most of the season because of years of mediocre finishes and sponsorship woes. Farmers Insurance bailed on Kahne and Great Clips also cut ties with the driver. Great Clips had been signed as the primary sponsor for 10 races annually through the 2018 season, but that deal ended early.
There are few quality options left for Kahne in 2018. Richard Childress Racing saw Paul Menard leave for Wood Brothers Racing, and there's no guarantee RCR's third entry will be filled. Stewart-Haas Racing declined to pick up Busch's option, though both sides hope a deal can be reached. Danica Patrick could also be out at SHR due to lack of sponsors. Kenseth is on the market because Joe Gibbs Racing replaced him in 2018 with Erik Jones.