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Castroneves faces tax evasion charges
By Castroneves faces tax evasion charges

BRASELTON, Ga. -- Two-time Indy 500 champion Helio Castroneves wasn't at Road Atlanta on Friday for qualifying. Instead he was in federal court in Miami facing charges of tax evasion and tax fraud.
The Associated Press reports that the Indy Racing League star from Sao Paulo, Brazil, who is expected to participate in today's Petit Le Mans, is accused of using offshore accounts to avoid paying taxes to the Internal Revenue Service.
The AP reports that Castroneves, 33, pleaded not guilty to six counts of tax evasion for allegedly failing to report to the IRS about $5.5 million in income between 1999 and 2004. Each count carries a maximum five-year prison sentence.
Penske Racing vice president Bud Denker said Castroneves was scheduled to return to Georgia on Friday night and prepare to co-drive the team's No. 5 Porsche with Australian Ryan Briscoe. Briscoe qualified the car first in the LMP2 class and fourth overall for today's race.
Denker declined to speculate on what effect the court proceedings would have on Castroneves' relationship with the team.
"It's premature to speculate on what will happen," he said. "He's still our driver, and we're going ahead as planned."
However, Castroneves likely will miss a scheduled appearance in an exhibition race in Australia on Oct. 24-26 because he will be surrendering his passport, according to team officials.
The same lineup
The Braselton-based American Le Mans Series, of which the Petit Le Mans is the marquee event, took a page from an old NASCAR playbook when it announced that the circuit's 2009 schedule will be virtually identical to the lineup from this year and previous years.
That allows the circuit to build on established race dates and venues just as NASCAR has done over the years with major events such as the Daytona 500 and Coca-Cola 600.
The 2009 schedule begins with the Mobil 1 Twelve Hours of Sebring on March 21 and ends Oct. 10 at Mazda Raceway Laguna Seca. Because of the way the 2009 calendar falls, some events move up or back a week. The Petit Le Mans will run on Sept. 26.
"We have established a strong, consistent schedule to which fans are getting accustomed," said the circuit's chief operating officer Tim Mayer. "That certainly helps establish our fan base as well as foster growth and tradition."
Fellows likes a sports car
Corvette driver Ron Fellows is familiar to NASCAR fans because of his appearances in NASCAR races on the road courses at Watkins Glen, Infineon Raceway and in Montreal, where he won a Nationwide Series race this year. He said that driving the nimble sports cars requires a completely different approach than the more powerful NASCAR racers.
He tested a Dale Earnhardt Inc. car at Road Atlanta in July and ran 10 seconds a lap slower than in his Corvette.
"The NASCAR car was faster on the straightaways, but it's 1,000 pounds heavier and has half the downforce and doesn't have carbon-fiber brakes," he said. "The biggest difference is the speed in the corners."
He said both cars put on a good show for the fans, but he'd rather drive the sports car.
"You can be ultra-aggressive and get away with it," he said.

Rick Minter writes for The Atlanta Journal-Constitution. E-mail: rminter AT ajc.com

Published on October 4, 2008
© 2008 UCLICK, L.L.C.Copyright © 2008 Universal Press Syndicate


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