Motor racing-McLaren ready to release Montoya but no payoff

Newswire

By Alan Baldwin ISTANBUL, Aug 26 (Reuters) - McLaren say they are willing to release Juan Pablo Montoya from his Formula One contract providing they do not have to keep paying his salary to the end of the year. The Colombian has not raced for the team since he surpisingly announced in July he was moving to the U.S.-based NASCAR series in 2007. Montoya will be driving a Dodge, a brand owned by DaimlerChrysler who also have a 40 percent stake in McLaren through Mercedes, for the Ganassi ...

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