In wake of scandal, Venezuela freezes support money for drivers

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The government of Venezuela has frozen all disbursements of hard currency for race car and motorcycle drivers who compete internationally, according to a report from Jorge Rueda of The Associated Press.

One of the drivers affected is Andretti Autosport’s E.J. Viso, who was said to have been “ill” and mentioned trying to recover from food poisoning in a tweet yesterday. Colombian driver Carlos Munoz has taken over Viso’s No. 5 Chevrolet – which features backing from Venezuela’s state-run oil company, PDVSA – for tonight’s MAV TV 500 at Auto Club Speedway.

According to Rueda’s report, Venezuelan officials are investigating a sports currency scandal stemming from its Cadivi state agency, which is in charge of helping Venezuelan businesses abroad obtain currency.

Sports Minister Alejandra Benitez told a local newspaper that an initial investigation of the disbursements found that one unnamed driver received $66 million and that her signature had been forged on 60 disbursement files for hard currency.

The freeze on these disbursements could have a major effect on many Venezuelan racers around the world, as according to Rueda, Benitez mentioned that more than 98 percent of her foreign competition budget goes toward motor sports efforts.

Venezuela helps support programs in a variety of disciplines such as IndyCar, sports car racing, and Formula One, where Williams driver Pastor Maldonado, like Viso, also receives support from the PDVSA oil group.

The death of longtime Venezuelan president Hugo Chavez in March had been seen as potentially having severe consequences for Venezuela’s drivers, and the country’s economy has gone on a downward slide since then. However, PDVSA noted shortly after Chavez’s death that its support of Maldonado would continue.

Takuma Sato’s likeness revealed on Borg-Warner Trophy (PHOTOS)

Photos; Walt Kuhn
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INDIANAPOLIS – Rather than the traditional December unveil, this year’s reveal newest likeness added to the Borg-Warner Trophy came Tuesday at the Indianapolis Motor Speedway Museum.

Takuma Sato got to see the result of the sculpting done by William Behrends and then turned from wax, clay and ceramic into sterling silver on Tuesday evening, as the winner of the 101st Indianapolis 500 presented by PennGrade Motor Oil saw his face revealed on the trophy.

Sato took the No. 26 Ruoff Home Mortgage Honda for Andretti Autosport to the win in thrilling fashion this year over Helio Castroneves, denying the Brazilian his fourth Indianapolis 500 victory in the process. It atoned for his near-miss in 2012, driving for Rahal Letterman Lanigan Racing, the team he’ll return to in 2018.

It’s been a whirlwind last week-plus for Sato, doing the podium interviews at the Japanese Grand Prix, reflecting on his Indianapolis 500 triumph, then sharing the victory spoils with another Japanese pilot in Yoshihide Muroya, who won the Red Bull Air Race World Championship at Indianapolis this weekend.

Photos of Sato’s face on the most unique trophy in sports are below. This post will be updated following tonight’s full unveil. (All photos: Walt Kuhn)