Michael Shank Racing on Wednesday released driver Jay Howard from his Indianapolis 500 contract because the team does not have an engine. "We are working every possible opportunity to make this happen and continue to hold our entry for the Indianapolis 500," Shank said. "But at this point, we've not made the progress that we need to in terms of having our package finalized and having an agreement with a motor manufacturer. "I know firsthand how hard it is to have the opportunity to race in the Indianapolis 500, and the last thing in the world I want to do is to hold Jay back from getting the chance to do that." Read more: http://espn.go.com/racing/indycar/s...releases-jay-howard-indianapolis-500-contract
