Re: S/SS combo @ BIR 2011
 

BIR just keeps looking better!!!!!

Re: S/SS combo @ BIR 2011
 

Glenn, is it a possibility to have or be a contingency sponsor?

Re: S/SS combo @ BIR 2011
 

Its possible but not very probable. Do you want to be one??? How much money you got?

Re: S/SS combo @ BIR 2011
 

Hi
It's funny you should ask.
I was thinking the same thing.
It may be hard to secure a contingency sponsor, BUT it could be done.
I am thinking we could have some TAX issues with it.
It would be a deal where maybe...
the track could take the money and pay it out to the racers??
I don't know all the details but I know most the other "groups" do things like that.
Thanks we need this kind of input and ideas!
Glen

Re: S/SS combo @ BIR 2011
 

If your going to look for a sponsor, and then accidently find one, better have a good plan on how they can promote their business. They are not going to give you "money for nothing and the chicks are free" !!! They want customers in return.

Re: S/SS combo @ BIR 2011
 

Glen did you get my pm?

Re: S/SS combo @ BIR 2011
 

Also if you get a big contigency sponsor, who is going to give it out, the sponsor will want to write it off , that means that who ever wins the prizes should be a1099 reciepiant and a lot of headaches for the bookeeper. Just my 2 cents

Re: S/SS combo @ BIR 2011
 

Joe,

You need to settle down now. Everyone is a 1099 recip., even when you go to the casino and win big.

A series sponsor can be handled differently than a "contigency" sponsor. Proceeds are provided to the track and the track dispurses at each event. The track already has your SSN or FED ID # for taxes on file.

Anyone ready for spring?

Tim

Re: S/SS combo @ BIR 2011
 

No Tim, I'm busy looking for a contigency sponsor!!!!!

Re: S/SS combo @ BIR 2011
 

Eric If you come up with a Sponser I think that woul be great. If they would sign up for the full race season, we could name the Five Race series, after there company, and this would be added on top of the pay out from BIR.

The Easiest way to pay out would be send the Sponser the Six Racer's that have money coming, Have the sponser write out the check, and mail them back to the Racer's. At the end of the year they can send out a 1099 form. If They have a company, they are aready sending out 1099 to other vendors & suppliers.

They would have to come up with at least $ 1000.00 per Race, otherwise
we would be getting 1099s,for for Fifty and hundred dollor checks.

The Box Is The Best (KISS)

Kerby
Sunny FLA :cool: