Whose interests does NHRA represent?
With all that's been going on lately with the introduction of the new cars into stock and super stock, I have to ask whose interest does our sanctioning body represent? It seems to me like they operate as a for profit business to try and make as much money as possible without regard for members who have supported them for 20 or 30 years. How do you all feel about this? What do you think about having the four board members decide the future of NHRA without any input or accountability to anyone? Where do you all think the money goes that they make? These questions and a lot more need to be answered.
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Re: Whose interests does NHRA represent?
Greg,the only way to correct all the ills is for EVERY sportsman racer to boycott and not attend any races till they change course.We all know that wont happen.They will continue to do what they do best.Continue on like always and throw us a bone now and then to put down the firestorm without regard to the flames rising again in the future over future issues.
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Re: Whose interests does NHRA represent?
"the Board of Directors" end of story. that's all they care about
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Re: Whose interests does NHRA represent?
The salarys as reported in DRO when they published the NHRA Tax returns come close to this city deal out there. But we didn't elect the NHRA guys they did it on there own!!!!!
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Re: Whose interests does NHRA represent?
And you guys keep on giving them your money so they can "Bend you over"......LOL.
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Re: Whose interests does NHRA represent?
They only represent "their own interests" They are a BUSINESS. They push the rules and variations as far as needed to keep people "hooked" and needing a place to see friends, hear the motors and smell the C-12. If all the friends met for picnics every 4 weeks in the summer it would threaten the existance of NHRA.
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Re: Whose interests does NHRA represent?
The only thing NHRA stood for was selling out to HD Partners and cashing in big time. Since that fell through, I don't think they care about much of anything other than keeping the association afloat so they still get a salary.
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Re: Whose interests does NHRA represent?
let the Flaming begin > I don't agree with most about NHRA not paying attention to the sportsman , right now I suspect NHRA is trying just to stay alive and every time I have talked to them they are always concerned about every class. heck the one element we don't know is NHRA making any Money in this economy? and we don't know about the rest of the story,so how can anyone make a true assumption about how NHRA is doing??
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Re: Whose interests does NHRA represent?
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Re: Whose interests does NHRA represent?
Looking at a tax return for any one to three year period can be extremely misleading.
For example, there are a ton of corporations that will show a profit this year, whether they actually made one or not, and have already decided to show a loss for 2011 in order to avoid the anticipated sunset of the "Bush tax cuts for the rich". They'll move profits and losses on paper, legally, to show whatever they need to show. Further, the corporation "NHRA" may show a net loss, while every board member and silent shareholder takes home a nice hefty salary paycheck and bonuses. |
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Re: Whose interests does NHRA represent?
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http://www.dragracingonline.com/anal..._12-tax-1.html 2008 revenue was greater than expenses by over $1.8 Million. (didn't want to use the word "profit" here) ;) 2009 returns will be released in December. |
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Re: Whose interests does NHRA represent?
X-Tech man said
"If NHRA isnt making any money its only because the current crop of crooks running it are robbing it blind while they can." . I don't agree one single bit about NHRA Executives being what you are calling them I have talked with them and they all have always been up front with me in nearly every single situation so far, so in my opinion what you are saying is unfounded |
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No They don't have me fooled |
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position on them. |
Re: Whose interests does NHRA represent?
I just happen to have a 2008 tax return for NHRA in front of me. There are a few things that stand out. First there is $20,662,736 in salaries and benefits. $122,564365 in total revenue. Some of the expenses that might raise eyebrows: $24,035950 in advertising,$15,747,739 in office expense, which doesn't include any salaries or rent, right at $10,000,000 in other or all other expenses,$4,046,243 in travel expenses, $24,235,425 for prize money and trophies, $10,946,985 to track operators [ I'm guessing this is their share for National events ]. There are 10 people with total compensation over $200,000, with Compton being the highest at $771,632, Peter Clifford at $427,274, Graham Light at $353,782 and the one that really stands out Dallas Gardner $319,073 for 10 hours a week.
As high as we may think these salaries are the real money is in the expenses and where or who it is going to. $15 mil in office expense, give me a break. Almost 10 mil in other expenses. For the amount of revenue these expenses are nuts. Looks to me like a detailed audit would be in order. |
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Ed don't care I am just working harder on my stuff or trying to lol |
Re: Whose interests does NHRA represent?
Mr. Compton, will you please put the drink down and untie Mr. Kennedy, give him his laptop back and let him out of the basement
..............................its the only logical explaination. |
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hey I have had a few "firm discussions" with Tom Compton about not allowing golf carts in certain areas, Graham Light about everything and Peter Clifford about a Benefit for the racers lol at me being professional in discussion issues privately ,Also us Pontiac racers have been beat up for years by the Bogus Hp combinations with the chevies ,so basically this ain't my first rodeo , lol at me don't like the new hp ratings just work on your stuff harder is a quote a well know chevy racer told me a few years ago about my old Pontiac so now I am saying to all the chevy racers just work on your stuff harder , that is what I am trying to do ,it gets harder as I get older lol again at me TIG(tongue in Cheek) post |
Re: Whose interests does NHRA represent?
It's nothing personal, it's just business.
A lawyer with his briefcase can steal more money than a hundred men with guns. The NHRA is a successful operation. You hire the best law firm and accountants that money can buy. Capitalism at its finest. |
Re: Whose interests does NHRA represent?
I'm wondering why PRO doesn't complain more, or squeeze more purse money out of the NHRA cash cow...as it looks to be. They race for chump change relatively speaking, and they have the clout that Sportsmen will never have. They certainly have access to the tax return figures, yet they seem content for their purse structure...or not.
It would seem that Schumacher, Bernstein, et al would be all over the amount of cash that NHRA execs were packing away (shouldn't the Headquarters be in Bell, CA?) Just seems..... |
Re: Whose interests does NHRA represent?
Randall, when I saw on the news, the other night, the story coming out of Bell, CA my first thought was NHRA and how similar the stories could be.
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Re: Whose interests does NHRA represent?
nhra is a not for profit organization but it is very interesting to learn that most people think it is a for profit business.
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