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Juan Pablo Montoya in Trouble with the IRS

November 4th, 2013 at 9:11 PM
By Mark Eddinger

According to Forbes the Internal Revenue Service is asking for $2.7 million from current Earnhardt-Ganassi Racing NASCAR driver Juan Pablo Montoya. The IRS says that Montoya had $9.5 million in taxable income from 2007 and and 2008 but he and his wife, Connie Freydell, only reported $2.7 million on their joint tax returns from those two years.

Montoya moved to the United States before 2007 when he left Formula 1 and entered the NASCAR Sprint Cup Series. He has two races remaining in NASCAR before he moves to the IndyCar Series in 2014 with Team Penske.

Helio Castroneves, who will be a teammate of Montoya next season, had his own issue with the IRS back in 2009 when a jury acquitted him of federal felony tax fraud charges.

Montoya has two career NASCAR Sprint Cup Series wins in 251 starts. Both came on road courses as did his lone Nationwide Series win. He was the 1999 CART champion and had 10 CART wins and was the 2000 Indianapolis 500 champion. From 2001 to 2006 Montoya won seven F1 races. He also is a three-time winner of the Rolex 24 Hours of Daytona.

The full article on the IRS's case against Montoya can he read at Forbes.com.

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Tags: Connie Freydell, Earnhardt-Ganassi Racing, Formula 1, Helio Castroneves, IndyCar Series, Internal Revenue Service, Juan Pablo Montoya, Motorsports, NASCAR, NASCAR Sprint Cup Series, Team Penske

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