THE PLT WAS GIVING A PASSENGER A GLIDER RIDE. THE FLT WAS LAUNCHED FROM A 9000 FT RWY (RWY 15) WITH AN AUTO TOW IN WIND THAT WAS FROM 300 DEG AT 4 KTS. A WITNESS RPRTD THE INITIAL CLIMB AFTER TAKEOFF SEEMED NORMAL UNTIL THE PLT RELEASED THE GLIDER AT ABOUT 300 FT AGL. THE PLT THEN BEGAN A LEVEL LEFT TURN WITH INCREASING BANK. SUBSEQUENTLY, THE GLIDER PITCHED DOWN & CRASHED AFTER COMPLETING ABOUT 300 DEG OF TURN. IMPACT OCCURRED ON AN INCLINED BANK AS THE GLIDER WAS IN AN EXTREME NOSE DOWN ATTITUDE.