While model-based controllers have demonstrated remarkable performance in autonomous drone racing, their performance is often constrained by the reliance on pre-computed reference trajectories. Conventional approaches, such as trajectory tracking, demand a dynamically feasible, full-state reference, whereas contouring control relaxes this requirement to a geometric path but still necessitates a reference. Recent advancements in reinforcement learning (RL) have revealed that many model-based controllers optimize surrogate objectives, such as trajectory tracking, rather than the primary racing goal of directly maximizing progress through gates. Inspired by these findings, this work introduces a reference-free method for time-optimal racing by incorporating this gate progress objective, derived from RL reward shaping, directly into the Model Predictive Path Integral (MPPI) formulation. The sampling-based nature of MPPI makes it uniquely capable of optimizing the discontinuous and non-differentiable objective in real-time. We also establish a unified framework that leverages MPPI to systematically and fairly compare three distinct objective functions with a consistent dynamics model and parameter set: classical trajectory tracking, contouring control, and the proposed gate progress objective. We compare the performance of these three objectives when solved via both MPPI and a traditional gradient-based solver. Our results demonstrate that the proposed reference-free approach achieves competitive racing performance, rivaling or exceeding reference-based methods. Videos are available at https://zhaofangguo.github.io/racing_mppi/