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A jury has found 2-time Indy500 winner Helio Castroneves "not guilty" of tax evasion!

Welcome Back to racing Helio!!!!!

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Not so fast! Helio was acquitted of tax evasion, but there's not been a determination regarding the conspiracy charges. The jury was hung on those counts. I don't think this clears Helio to drive for Penske yet. His legal troubles are not over yet.

MIAMI (AP) — A jury has acquitted Indy race car driver Helio Castroneves of tax evasion but remained hung on a count of conspiracy. Jurors deliberated for six days before reaching their verdict on Friday.
Castroneves has twice won the Indianapolis 500, and was also champ of TV's "Dancing With The Stars" in 2007. His sister and business manager, Katiucia Castroneves, was also acquitted on the tax evasion counts and the jury also remained hung on the conspiracy count. His Michigan lawyer, Alan Miller, was acquitted on the conspiracy count and three counts of tax evasion.

The three were accused of conspiring to evade millions in taxes over a five-year period. They had faced up to six years in prison.

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I doubt that Helio will be cleared in time to race at LBC. Hopefully, the same verdict will come down on the conspiracy charge!

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Robin Miller has reported from Miami that the trail has just been declared a MISTRIAL.

(if that's the case, they can file charges and re-try the case)

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What does this mean for Helio?

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Yay!

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Glad to see Helio is going racing this weekend!! Then I will really look forward to seeing him Indy!! YAY!!!!

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I agree, ATB, but that doesn't mean that the feds won't attempt to retry Helio on the charges on which the jury remained deadlocked. I hope they don't, but its certainly a possibility.

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