Skip to content

Report: IRS seeks millions from Montoya

Nov 4, 2013, 5:00 PM EDT

Cheez-It 355 - Qualifying Getty Images

Juan Pablo Montoya, who will end his seven-year NASCAR Sprint Cup Series career in two more races and is set to shift back to Team Penske’s IndyCar program, reportedly owes millions to the Internal Revenue Service for evasion of some taxable income.

Per a report in ForbesMontoya owes at least $2.7 million to the IRS, as the IRS claims he had $9.5 million in taxable income between 2007 and 2008.

Offshore accounts, corporations and the “rights to Montoya’s image” appear to be involved in the case, per the report. Montoya moved to the U.S. when he made the switch from Formula One to NASCAR in 2007, and the IRS appears to believe Montoya’s “image front” was a sham.

Montoya’s 2014 Penske IndyCar teammate, Helio Castroneves, was acquitted on federal felony tax evasion charges in 2009.

It’s an interesting story to monitor as the offseason beckons.

Latest Posts
  1. WRC: Kris Meeke claims maiden win at Rally Argentina

    Apr 26, 2015, 2:30 PM EDT

    Meeke 264 Getty Images

    Meeke becomes the first British driver to win in the WRC in 13 years.

  2. SPOILER: Indy Lights race two from Barber Motorsports Park

    Apr 26, 2015, 2:29 PM EDT

    Photo: Indy Lights Photo: Indy Lights

    Results from the Indy Lights’ series second race at Barber Motorsports Park

  3. WATCH LIVE: Honda Indy Grand Prix of Alabama at 3 p.m. ET on NBCSN, Live Extra

    Apr 26, 2015, 2:00 PM EDT

    BarberRibbon15 AP

    Watch the fourth round of the IndyCar season, from Barber Motorsports Park, at 3 p.m. ET on NBCSN and NBC Sports Live Extra.

  4. WSR: Vaxiviere claims last gasp win at Motorland Aragon

    Apr 26, 2015, 1:15 PM EDT

    © Renault Sport © Renault Sport

    Lotus youngster beats Nyck de Vries in a truncated second race of the Formula Renault 3.5 season.

  5. What to watch for: IndyCar at Barber (3 p.m. ET, NBCSN and Live Extra)

    Apr 26, 2015, 12:30 PM EDT

    BarberW2W4 AP

    What to watch for ahead of Round 4 of the Verizon IndyCar Series season, the Honda Indy Grand Prix of Alabama at Barber Motorsports Park.

  6. MotoGP: Marquez fractures finger in dirt bike accident

    Apr 26, 2015, 12:00 PM EDT

    Marc Marquez AP

    Marquez undergoes minor surgery on his left hand, and is in doubt for next weekend’s Spanish Grand Prix at Jerez.

  7. Michael Schumacher’s son Mick victorious on debut ADAC F4 weekend

    Apr 26, 2015, 10:40 AM EDT

    ADAC Formula 4 Oschersleben - Race Day 2 Getty Images

    Mick wins the third and final race of the first ADAC F4 weekend of the year at Oschersleben in Germany.

  8. FIA delegates safe and accounted for after Nepal earthquake

    Apr 26, 2015, 9:30 AM EDT

    Formula E Championship In Buenos Aires - Jean Todt Press Conference Getty Images

    45 delegates from the FIA had been attending the first Asia-Pacific Sport Regional Congress in Kathmandu, Nepal, on Saturday.

  9. Power relieved, thankful to return to front row at Barber

    Apr 25, 2015, 7:11 PM EDT

    PowerBarber2 AP

    Second in qualifying a good day at the office for Will Power, as he’s in search of his first win of the year.

  10. Davey Hamilton to make driving comeback in next week’s IndyCar oval test

    Apr 25, 2015, 6:42 PM EDT

    DaveyKingdom Getty Images

    Davey Hamilton will have a one-off day back behind the wheel of a current day IndyCar, filling in for Townsend Bell at next week’s IndyCar open test at the Indianapolis Motor Speedway.

  11. Indy Lights: Pigot follows up Barber pole with race one dominance

    Apr 25, 2015, 6:33 PM EDT

    Photo: Indy Lights Photo: Indy Lights

    Spencer Pigot dominates Indy Lights flag-to-flag in first race of weekend at Barber.

  12. WSR: Rowland wins Formula Renault 3.5 season-opener at Motorland Aragon

    Apr 25, 2015, 4:30 PM EDT

    © Renault Sport © Renault Sport

    A surprise in Spain for Rowland as on-track winner Meindert van Buuren is hit with a time penalty for jumping the start.

  13. WEC: Jarvis ready for close battle at Spa and Le Mans

    Apr 25, 2015, 3:15 PM EDT

    FIA World Endurance Championship 6 Hours of Silverstone Getty Images

    Audi no. 8 driver pleased with the team’s pace at Silverstone and in the recent test at Paul Ricard.

  14. Power, Penske to the fore in second IndyCar practice at Barber

    Apr 25, 2015, 2:33 PM EDT

    PowerBarberP2 AP

    Power on top in second IndyCar practice at Barber.

  15. MotoGP: Pedrosa making positive steps in injury recovery

    Apr 25, 2015, 1:45 PM EDT

    MotoGP Qatar Getty Images

    Spanish rider was sidelined following the Qatar Grand Prix due to an arm pump injury.

  16. Sam Bird previews the Monaco ePrix circuit (VIDEO)

    Apr 25, 2015, 12:15 PM EDT

    Formula E Championship In Buenos Aires - Cars Complete Shakedown Getty Images

    Preview the track that will host the next Formula E race on May 9.

  17. Dixon fastest in Barber opening practice in the Coca-Cola car

    Apr 25, 2015, 11:17 AM EDT

    Dixon's car in pit lane, and with new signage. Photo: Tony DiZinno Dixon's car in pit lane, and with new signage. Photo: Tony DiZinno

    Scott Dixon takes the Coca-Cola car to the top of the first practice session at Barber.

  18. Villeneuve: Leaving Ferrari may have ended Alonso’s career

    Apr 25, 2015, 11:00 AM EDT

    Jacques Villeneuve Getty Images

    Former F1 world champion and Indy 500 winner hits out at Alonso’s move to McLaren and Manor’s inclusion on the grid.