<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Lead Lap&#039;s NASCAR News &#187; Indy Racing League</title>
	<atom:link href="http://lead-lap.com/tag/indy-racing-league/feed/" rel="self" type="application/rss+xml" />
	<link>http://lead-lap.com</link>
	<description></description>
	<lastBuildDate>Mon, 20 May 2013 05:51:14 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.5.1</generator>
<xhtml:meta xmlns:xhtml="http://www.w3.org/1999/xhtml" name="robots" content="noindex" />
		<item>
		<title>Andretti, Petty Team Up To Enter Indy 500</title>
		<link>http://lead-lap.com/2010/04/01/andretti-petty-team-up-to-enter-indy-500/</link>
		<comments>http://lead-lap.com/2010/04/01/andretti-petty-team-up-to-enter-indy-500/#comments</comments>
		<pubDate>Thu, 01 Apr 2010 01:15:34 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Indy]]></category>
		<category><![CDATA[Indianapolis 500]]></category>
		<category><![CDATA[Indy 500]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[IndyCar]]></category>
		<category><![CDATA[IZOD IndyCar Series]]></category>
		<category><![CDATA[Richard Petty]]></category>
		<category><![CDATA[Window World]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=2723</guid>
		<description><![CDATA[Andretti Autosport is teaming up with Richard Petty and sponsor Window World to field a fifth IZOD IndyCar Series entry with John Andretti behind the wheel. The team will debut its No. 43 car at Kansas Speedway on May 1. At the end of the month, the team will attempt to make the Indianapolis 500.]]></description>
				<content:encoded><![CDATA[<p><a href="http://lead-lap.mikejsmith.net/wp-content/uploads/2010/04/andretti1.jpg"><img class="alignright size-full wp-image-2722" title="andretti1" src="http://lead-lap.mikejsmith.net/wp-content/uploads/2010/04/andretti1.jpg" alt="" width="350" height="223" /></a>Andretti Autosport is teaming up with Richard Petty and sponsor Window World to field a fifth IZOD IndyCar Series entry with John Andretti behind the wheel. The team will debut its No. 43 car at Kansas Speedway on May 1. At the end of the month, the team will attempt to make the Indianapolis 500.</p>
<p>John Andretti said:</p>
<blockquote><p>It would be difficult to script a scenario any better than the one we have here. The relationship I have with Richard, the respect I have for Michael [Andretti] and his team, the partnership I enjoy with Window World and all of it focused on the Indianapolis 500 – it’s really a perfect situation. I can’t wait to get in the car and get to work. May can’t get here soon enough.</p></blockquote>
<p>The car will feature Petty&#8217;s tradition Petty Blue and Day-Glo Red color scheme that The King made famous during his career. The car will have decals for Window World Cares, the charitable foundation of Window World Inc.</p>
<p>Petty said:</p>
<blockquote><p>I’m excited to be a part of this venture with John, Andretti Autosport, and Window World for the Indy 500. There is so much history around this event and the Andretti’s have such a rich tradition in racing. I’m looking forward to watching John hit the track in May.</p></blockquote>
<p>Andretti will join teammates Marco Andretti, Ryan Hunter-Reay, Tony Kanaan, and Danica Patrick as a part of Andretti Autosport. If he qualifies, it will be his 11th Indy 500.</p>
<p>Last year, Andretti, Petty, and Window World teamed up with Dreyer &amp; Reibold Racing to field a car in the Indy 500. He finished 19th. The team hopse to improve upon that finish by teaming with Andretti Autosport, which won the Indy 500 in 2005 and 2007.</p>
<p>Team owner, and John Andretti&#8217;s cousin, Michael Andretti said:</p>
<blockquote><p>I’m really excited to be able to be a part of this. Richard Petty is one of the true legends in our sport and someone I have always admired. Window World deserves a lot of credit for bringing all of this together. &#8230; I have a lot of respect for John’s talent – I always have. I really think he will fit in very well at Andretti Autosport and can be a factor during the month of May.</p></blockquote>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2010/04/01/andretti-petty-team-up-to-enter-indy-500/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Rahal Looking For NASCAR Ride?</title>
		<link>http://lead-lap.com/2010/02/26/rahal-looking-for-nascar-ride/</link>
		<comments>http://lead-lap.com/2010/02/26/rahal-looking-for-nascar-ride/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 17:47:44 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Asides]]></category>
		<category><![CDATA[Graham Rahal]]></category>
		<category><![CDATA[Indy]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[IndyCar]]></category>
		<category><![CDATA[IZOD Indy Car Series]]></category>
		<category><![CDATA[NASCAR]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=2563</guid>
		<description><![CDATA[IndyCar driver Graham Rahal doesn&#8217;t expect to participate in the season opener next month. As a result, he is set to meet with NASCAR officials about a potential ride in NASCAR, according to the Indianapolis Star via Jayski.]]></description>
				<content:encoded><![CDATA[<p>IndyCar driver Graham Rahal doesn&#8217;t expect to participate in the season opener next month. As a result, he is set to meet with NASCAR officials about a potential ride in NASCAR, according to the <a href="http://www.indystar.com/article/20100224/SPORTS0107/2240351/1052/SPORTS01/No-job-so-Rahal-considers-NASCAR">Indianapolis Star</a> via <a href="http://jayski.com/cupnews.htm#news-rahal">Jayski</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2010/02/26/rahal-looking-for-nascar-ride/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Patrick Announcement Contains Little New News</title>
		<link>http://lead-lap.com/2009/11/30/patrick-announcement-contains-little-new-news/</link>
		<comments>http://lead-lap.com/2009/11/30/patrick-announcement-contains-little-new-news/#comments</comments>
		<pubDate>Mon, 30 Nov 2009 16:37:38 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Indy]]></category>
		<category><![CDATA[Andretti Autosport]]></category>
		<category><![CDATA[Danica Patrick]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[IndyCar]]></category>
		<category><![CDATA[Michael Andretti]]></category>
		<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Sprint Cup]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=2240</guid>
		<description><![CDATA[IndyCar driver Danica Patrick was on Good Morning America to discuss her racing future. Unfortunately, the announcement dealt with her IndyCar future, and had nothing to do with her potential move to NASCAR.]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1462" title="patrick1" src="http://lead-lap.mikejsmith.net/wp-content/uploads/2009/06/patrick1.jpg" alt="patrick1" width="269" height="156" />IndyCar driver Danica Patrick discussed her racing future on Good Morning America on Monday. But, she didn’t reveal anything about her potential NASCAR future. Instead, she discussed her IndyCar plans, which we already knew.</p>
<p>Patrick unveiled her GoDaddy.com car for Andretti Autosport, with whom she signed a three-year contract extension <a href="http://lead-lap.mikejsmith.net/2009/09/25/patrick-signs-three-year-deal-with-andretti-green/">earlier this season</a>. The appearance served as her official announcement that she would drive for Andretti Autosport next season.</p>
<p>The deal was held up by Patrick’s current sponsorship deal with Motorola, and the restructuring of Andretti Green Racing, which recently changed its name from Andretti Green Racing to Andretti Autosport.</p>
<p>Patrick said in a news release:</p>
<blockquote><p>My life long goal is to win the Indy 500, and I&#8217;d love to do that in the GoDaddy.com car.</p></blockquote>
<p>She added:</p>
<blockquote><p>Michael Andretti has helped me become a better driver and we hope to accomplish a great deal during the next few years together.</p></blockquote>
<p>Team owner Michael Andretti said:</p>
<blockquote><p>All of us at Andretti Autosport are looking forward to having Danica back with the team and are excited about working with (CEO) Bob Parsons and everyone at Go Daddy as the primary sponsor on Danica&#8217;s car.</p></blockquote>
<p>The news was a disappointment for some Patrick fans who are waiting to hear confirmation or denial of the loads of <a href="http://lead-lap.mikejsmith.net/2009/09/08/danica-patrick-coming-to-nascar-in-2010/">rumors</a> circulating about her potential move to NASCAR.</p>
<p><strong>Update:</strong> It is being <a href="http://www.scenedaily.com/news/articles/sprintcupseries/Danica_Patrick_makes_no_mention_of_NASCAR_plans_on_Good_Morning_America.html">reported</a> that Patrick&#8217;s website contained a photo of the driver in a GoDaddy.com uniform with a Chevy emblem and what appeared to be the JR Motorsports and Nationwide Series logos. The picture was later changed to her Indy uniform.</p>
<p>Officials that represent Patrick and JRM declined to comment.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2009/11/30/patrick-announcement-contains-little-new-news/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Patrick Signs Three-Year Deal With Andretti Green</title>
		<link>http://lead-lap.com/2009/09/25/patrick-signs-three-year-deal-with-andretti-green/</link>
		<comments>http://lead-lap.com/2009/09/25/patrick-signs-three-year-deal-with-andretti-green/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 14:05:59 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Indy]]></category>
		<category><![CDATA[Andretti Green Racing]]></category>
		<category><![CDATA[Danica Patrick]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Stewart Haas Racing]]></category>
		<category><![CDATA[Tony Stewart]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=1981</guid>
		<description><![CDATA[Danica Patrick will, officially, stay in the Indy Racing League. Patrick has signed a three-year contract extension with Andretti Green Racing , according to a report in the Indianapolis Star. She reportedly will stay in AGR's No. 7 with Motorola as a sponsor.]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-1462" title="patrick1" src="http://lead-lap.mikejsmith.net/wp-content/uploads/2009/06/patrick1.jpg" alt="patrick1" width="269" height="156" />Danica Patrick will, officially, stay in the Indy Racing League. Patrick has signed a three-year contract extension with Andretti Green Racing , according to a report in the Indianapolis Star. She reportedly will stay in AGR&#8217;s No. 7 with Motorola as a sponsor.</p>
<p>While she has not commented, many still believe NASCAR could be in her future. Tony Stewart believes she&#8217;ll make the switch eventually. Before the Atlanta race, Stewart said:</p>
<blockquote><p>I just know that she&#8217;s excited about this and making this change. I can pretty much guarantee at some point she&#8217;s going to be over here. &#8230; She&#8217;s looked me straight in the eye and said, &#8216;Hey, this is what I want to do. It looks like fun. It looks like a lot of work, but it looks like fun.&#8217;</p></blockquote>
<p>It was reported that Patrick would come to NASCAR in 2010, racing select races in the Nationwide Series, the Camping World Truck Series, and the ARCA Re/Max Series. Stewart Haas Racing was rumored to be the team that would help bring her along in NASCAR, and help her adjust. It should be noted that this could still be in the works, because the rumor was that she would still run in the IRL while making the transition.</p>
<p>I&#8217;m not sure how a three-year contract will change those plans. I don&#8217;t think that a NASCAR team would wait three years for her to make the transition, but AGR could also let her out of her contract early.</p>
<p>I too expect Patrick to eventually make the switch. But, I know many are growing tired of the &#8220;will she, won&#8217;t she&#8221; story, and I have to imagine NASCAR teams are as well. So, I think that the next time she publicizes her intentions to compete in NASCAR, she will really have to make the switch. This is the second time she has used the lure of NASCAR to secure a better IRL contract. If she does it again, without switching, then teams will find her harder to believe in the future.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2009/09/25/patrick-signs-three-year-deal-with-andretti-green/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>Patrick Tours SHR Shop</title>
		<link>http://lead-lap.com/2009/07/14/patrick-tours-shr-shop/</link>
		<comments>http://lead-lap.com/2009/07/14/patrick-tours-shr-shop/#comments</comments>
		<pubDate>Tue, 14 Jul 2009 12:24:38 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Asides]]></category>
		<category><![CDATA[Danica Patrick]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Sprint Cup]]></category>
		<category><![CDATA[Stewart Haas Racing]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=1646</guid>
		<description><![CDATA[Danica Patrick visited Stewart Haas Racing Monday for a personal tour of the shop. Could this be an indication that she might be working on a deal with the team? Who knows. She was introduced to Ryan Newman, crew chief Tony Gibson, and other SHR officials, which leads me to think that this tour was [...]]]></description>
				<content:encoded><![CDATA[<p>Danica Patrick <a href="http://msn.foxsports.com/nascar/story/9804190/Danica-Patrick-tours-Stewart-Haas-shop">visited Stewart Haas Racing</a> Monday for a personal tour of the shop. Could this be an indication that she might be working on a deal with the team? Who knows. She was introduced to Ryan Newman, crew chief Tony Gibson, and other SHR officials, which leads me to think that this tour was anything but recreational. That said, Patrick could be trying to secure a bigger Indy Racing League deal by creating the appearance that she wants to go to NASCAR. She&#8217;s done it <a href="http://lead-lap.mikejsmith.net/2009/06/15/patrick-should-enter-nascar-the-right-way/">before</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2009/07/14/patrick-tours-shr-shop/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Silly Season Roundup</title>
		<link>http://lead-lap.com/2009/05/26/silly-season-roundup/</link>
		<comments>http://lead-lap.com/2009/05/26/silly-season-roundup/#comments</comments>
		<pubDate>Tue, 26 May 2009 14:10:24 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Sprint Cup]]></category>
		<category><![CDATA[Brian Vickers]]></category>
		<category><![CDATA[Danica Patrick]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[Martin Truex Jr.]]></category>
		<category><![CDATA[Michael Waltrip Racing]]></category>
		<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Red Bull Racing]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=1128</guid>
		<description><![CDATA[Rumors are circulating the Martin Truex Jr to Michael Waltrip Racing is a done deal. But both Truex and MWR&#8217;s Ty Norris have denied the rumors. Brian Vickers is said to be close to a deal to re-sign with Red Bull Racing. Vickers&#8217;s contract ends this season, but the team has a option that would [...]]]></description>
				<content:encoded><![CDATA[<p>Rumors are circulating the Martin Truex Jr to Michael Waltrip Racing is a done deal. But both Truex and MWR&#8217;s Ty Norris have denied the rumors.</p>
<p>Brian Vickers is said to be close to a deal to re-sign with Red Bull Racing. Vickers&#8217;s contract ends this season, but the team has a option that would lock Vickers up for one more year.</p>
<p>Danica Patrick is said to be considering NASCAR, but many believe she may be using a potential career in NASCAR to secure a better deal in the Indy Racing League.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2009/05/26/silly-season-roundup/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Busch Open To Trying F1 &#8220;At Some Point,&#8221; Agent Says</title>
		<link>http://lead-lap.com/2009/02/25/busch-open-to-trying-f1-at-some-point-agent-says/</link>
		<comments>http://lead-lap.com/2009/02/25/busch-open-to-trying-f1-at-some-point-agent-says/#comments</comments>
		<pubDate>Wed, 25 Feb 2009 14:29:43 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Formula One]]></category>
		<category><![CDATA[Danica Patrick]]></category>
		<category><![CDATA[Formula 1]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[Jeff Dickerson]]></category>
		<category><![CDATA[Joe Gibbs Racing]]></category>
		<category><![CDATA[Kyle Busch]]></category>
		<category><![CDATA[Marco Andretti]]></category>
		<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Nationwide Series]]></category>
		<category><![CDATA[Red Bull Racing]]></category>
		<category><![CDATA[Scott Speed]]></category>
		<category><![CDATA[Sprint Cup]]></category>
		<category><![CDATA[USF1]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=840</guid>
		<description><![CDATA[Kyle Busch's agent said that Busch would consider trying Formula One at some point, but for now, he's focused on winning the Sprint Cup and Nationwide Series championships for Joe Gibbs Racing.]]></description>
				<content:encoded><![CDATA[<p>Following the <a href="http://lead-lap.mikejsmith.net/2009/02/25/busch-speed-patrick-linked-to-usf1/">reports</a> that the newly formed Formula One team based in Charlotte, NC, USF1, would consider Kyle Busch for an F1 ride, Jeff Dickerson, Busch&#8217;s agent, was quoted as saying:</p>
<blockquote><p>[Busch] would certainly leave the door open to try it out at some point. At the same time, he&#8217;s currently focused on winning the NASCAR Sprint Cup and Nationwide Series championships for Joe Gibbs Racing.</p></blockquote>
<p>Busch is under contract with Joe Gibbs Racing through 2010. USF1 is planning to go racing in 2010.</p>
<p>The thought of Busch racing in F1 is not that far-fetched. Unlike some other drivers who jump from one type of racing to another, Busch&#8217;s potential move wouldn&#8217;t be motivated by money.</p>
<p>Instead, I think that Busch would be intrigued to see how he compares to the world&#8217;s drivers in a completely different form of racing. It could be a way for him to show just how talented he is.</p>
<p>That&#8217;s not to say he will leave NASCAR, but I&#8217;m sure the idea is certainly intriguing.</p>
<p>For those of you unfamiliar with F1, learn more about it <a href="http://en.wikipedia.org/wiki/Formula_One#Revenue_and_Profits">here</a>.</p>
<p>Indy Racing League driver Danica Patrick and Red Bull Racing&#8217;s Scott Speed are others who have been linked to the ride. Also hearing that Marco Andretti&#8217;s name has been  mentioned, too.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2009/02/25/busch-open-to-trying-f1-at-some-point-agent-says/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Sadler May Be Headed To EGR</title>
		<link>http://lead-lap.com/2008/12/29/sadler-may-be-headed-to-egr/</link>
		<comments>http://lead-lap.com/2008/12/29/sadler-may-be-headed-to-egr/#comments</comments>
		<pubDate>Mon, 29 Dec 2008 05:31:35 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Sprint Cup]]></category>
		<category><![CDATA[AJ Allmendinger]]></category>
		<category><![CDATA[auto racing]]></category>
		<category><![CDATA[Earnhardt-Ganassi Racing]]></category>
		<category><![CDATA[Elliott Salder]]></category>
		<category><![CDATA[Gillett Evernham Motorsports]]></category>
		<category><![CDATA[Helio Castroneves]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Penske Racing]]></category>
		<category><![CDATA[Sam Hornish Jr.]]></category>
		<category><![CDATA[sports]]></category>
		<category><![CDATA[stock car]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=725</guid>
		<description><![CDATA[As reported yesterday, AJ Allmendinger will replace Elliott Sadler in the No. 19 Gillett Evernham Motorsports machine starting next season.]]></description>
				<content:encoded><![CDATA[<p>As reported yesterday, <a href="http://lead-lap.mikejsmith.net/2008/12/28/allmendinger-to-replace-sadler-at-gem/">AJ Allmendinger will replace Elliott Sadler</a> in the No. 19 Gillett Evernham Motorsports machine starting next season.</p>
<p>Sadler may be headed to the Earnhardt Ganassi Racing&#8217;s No. 41 entry, or Penske Racing&#8217;s No. 77 machine, if Sam Hornish Jr. replaces Helio Castroneves in the Indy Racing League.</p>
<p>Castroneves is facing charges related to <a href="http://lead-lap.mikejsmith.net/2008/10/03/castroneves-faces-tax-evasion-charges/">tax evasion</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2008/12/29/sadler-may-be-headed-to-egr/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Castroneves Faces Tax Evasion Charges</title>
		<link>http://lead-lap.com/2008/10/03/castroneves-faces-tax-evasion-charges/</link>
		<comments>http://lead-lap.com/2008/10/03/castroneves-faces-tax-evasion-charges/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 00:24:40 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Indy]]></category>
		<category><![CDATA[ESPN]]></category>
		<category><![CDATA[Helio Castroneves]]></category>
		<category><![CDATA[Indy 500]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[Miami]]></category>
		<category><![CDATA[Seven Promotions]]></category>
		<category><![CDATA[tax evasion]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=605</guid>
		<description><![CDATA[Two time Indy 500-winner and Indy Racing League driver Helio Castroneves is facing federal tax charges in Miami.
]]></description>
				<content:encoded><![CDATA[<p><a href="http://sports.espn.go.com/rpm/racing/indycar/news/story?id=3622661">ESPN</a> is reporting that two time Indy 500-winner and Indy Racing League driver Helio Castroneves is facing federal tax charges in Miami.</p>
<p>An tax evasion indictment was returned by a grand jury on Thursday. Castroneves is charged with consipracy and six counts of tax evasion. His sister, who is also his business manager, and his attorney are also being indicted.</p>
<p>In the charges, it is alleged that Castroneves, his sister, and attorney used a Panamanian shell corporation called Seven Promotions to fraudulently hide Castroneves&#8217; income from the IRS.</p>
<p>According to the indictment, the driver received $6 million in income over three years, but his tax returns only reflected $1 million. The remaining money was diverted to a company in the Netherlands.</p>
<p>The defendants face up to 35 years in prison, if convicted, but it is highly unlikely that they will receive such a stiff penalty. Actual penalties are expected to much less.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2008/10/03/castroneves-faces-tax-evasion-charges/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Franchitti To Return To IRL, Replace Weldon at CGR</title>
		<link>http://lead-lap.com/2008/09/03/franchitti-to-return-to-irl-replace-weldon-at-cgr/</link>
		<comments>http://lead-lap.com/2008/09/03/franchitti-to-return-to-irl-replace-weldon-at-cgr/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 15:07:57 +0000</pubDate>
		<dc:creator>Michael J Smith</dc:creator>
				<category><![CDATA[Indy]]></category>
		<category><![CDATA[auto racing]]></category>
		<category><![CDATA[Chip Ganassi Racing]]></category>
		<category><![CDATA[Dan Weldon]]></category>
		<category><![CDATA[Dario Franchitti]]></category>
		<category><![CDATA[Dodge]]></category>
		<category><![CDATA[Gillett Evernham Motorsports]]></category>
		<category><![CDATA[Honda]]></category>
		<category><![CDATA[Indy 500]]></category>
		<category><![CDATA[Indy Racing League]]></category>
		<category><![CDATA[IndyCar]]></category>
		<category><![CDATA[NASCAR]]></category>
		<category><![CDATA[Nationwide]]></category>
		<category><![CDATA[Reed Sorenson]]></category>
		<category><![CDATA[Scott Dixon]]></category>
		<category><![CDATA[Sprint Cup]]></category>
		<category><![CDATA[stock car]]></category>
		<category><![CDATA[Talladega Superspeedway]]></category>
		<category><![CDATA[Target]]></category>

		<guid isPermaLink="false">http://lead-lap.mikejsmith.net/?p=502</guid>
		<description><![CDATA[Chip Ganassi Racing (CGR) announced that Dario Franchitti will drive the team's No. 10 Target Dallara Honda in the IndyCar Series next year. The former IndyCar champion and Indy 500 winner will become a teammate to Scott Dixon in the Indy Racing League.]]></description>
				<content:encoded><![CDATA[<p>Chip Ganassi Racing (CGR) announced that Dario Franchitti will drive the team&#8217;s No. 10 Target Dallara Honda in the IndyCar Series next year. The former IndyCar champion and Indy 500 winner will become a teammate to Scott Dixon in the Indy Racing League.</p>
<p>Franchitti drove Ganassi&#8217;s No. 40 Dodge in the Sprint Cup Series before the <a href="http://lead-lap.mikejsmith.net/2008/07/01/ganassi-closes-down-no-40-team/">team was shut down</a> due to a lack of sponsorship. Franchitti missed a few races because of <a href="http://lead-lap.mikejsmith.net/2008/04/27/tony-stewart-wins-aarons-312/">an injury he sustained at the Nationwide race at Talladega Superspeedway</a>. He also missed some races due to being outside of the top 35 in owner points.</p>
<p>Some believed that Franchitti was the frontrunner to replace Reed Sorenson, who is <a href="http://lead-lap.mikejsmith.net/2008/08/27/sorenson-to-gem-in-2009/">heading to Gillette Evernham Motorsports next season</a>. Franchitti elected to return to IndyCar instead.</p>
<p>Franchitti said:</p>
<blockquote><p> I have really enjoyed this last season in stockcars and have not completely closed that chapter of my professional career but the opportunity that arose was just something I could not pass up.</p></blockquote>
<p>Dan Weldon, the driver Franchitti will replace, agreed this week to a multiyear deal to return to Panther Racing, his first team, where he will drive the No. 4 car.</p>
]]></content:encoded>
			<wfw:commentRss>http://lead-lap.com/2008/09/03/franchitti-to-return-to-irl-replace-weldon-at-cgr/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
