A yellow light does not mean jam the accelerator to the floor and race through the intersection. A yellow light allows time to clear an intersection when you're driving through it , not when you're approaching it. Drivers do not have the right to make a right turn on red at every red light. Your vehicle has come to a complete stop in the extreme right lane. Traffic is clear.
Pedestrians are clear of the crosswalk.
Make sure you're in a passing zone. Be certain there is no oncoming traffic. Check behind you for vehicles that may be trying to pass you. When all your blind spots are clear, signal to pass. Move into the passing lane and accelerate.