Glad I sold my stocker---(not really)
 

http://dragracingonline.com/agent132...0-ix_6-23.html

check this out,,If I understand it correctly....look at who owns stock in the new Nhra (HD)

http://google.brand.edgar-online.com...e.aspx?cik=HDP

these guys/gals are pulling a fast one!!!

Yep, some very interesting names on that list... See any you know?

http://google.brand.edgar-online.com...e.aspx?cik=HDP

Looks like some of the pros will be running against their owners & what about sponsors??
Looks like this aquisition team was hand picked by NHRA..Does anyone see any names that represent Lucas?
The more I dig into this it is looking just like another big time money deal.
Like I have said before, & been blasted for saying, we are hearing the same NHRA retoric & we will probalbly follow faithfully. What other choice do we have...I just think it will be interesting to see what plays out in a couple of years.

Adger Smith

Those names are on the list as far back as December of 2005. Parks, Compton, Clifford, Pedregon, Sampey, Oreilly. I'm not a business person, but is it as simple as some of these folks coming up with a plan to "buy" NHRA, going out and finding investors and making the deal? How many other "names" are involved, even though their not on the list? Is it possible Force, Schmacher, Prudhomme, Black and Kallita were surprised by this? With Parks, Compton and Cliffords' names on the list, it certainly wasn't a hostile takeover. I'd like to see the thoughts of some of the more business savvy people here.

Cole

the deal stinks,,,,its just a loop hole for the board members to get their hands on a company that they now are not allowed to own, because of their "non profit" status, without any of the members they are suppose to serve, having any "say so" in the matter....while in turn, quitely dismantling the current NHRA by first selling all is real estate (real worth) and then finally discountinuing the events we are able to participate in. All the same time, avoiding a large of sum of taxes that a normal Company would be required to pay.

Im not a tax pro here but Im rather sure that any property acquired and then sold, there is a taxed due on the profit of the sale of that property,,,,it doesnt bother me about the sale,,its the gain taxes (Im assuming) that they wont have to pay because of the "non profit" status

IMO,,the New Hd company will be a knock off of the WWF with the exception they will be really fighting,,,or not,,who knows???,,,,,,with the new format of the top eight,,,it looks more like WWF than ever....

mark this down,,IMO,,N&%A will continue to operate in a "very poor manor" till all the cash is gone and then thats it,,this is jsut a smooth way to get out of the sportsman racing business.....who knows,,,If this prediction hold to be true,,,sportsman may enjoy higher payouts for the next few years...But make no mistake,,,IMO,,the writing is on the wall ( or net I should say)

Being more of an optimist I wonder if we shouldnt just wait and see what happens. Maybe with positive input from racers and Sponsors and Track operators things can be better. There hasnt been any announcement regarding real plans yet has there? Besides if it were as bad as you fear then wouldnt you think a "rival" or new organization would come forward that would make it BETTER....
Thanks Dick Butler

Dick Butler 3529

There is no new revelation in this information that was not disclosed in the original announcement. Compton and crew were slated to move to the newly formed HDP/NHRA Pro company as principles and stockholders. You might be offended to find out that many of the "names" may be stockholders in HDP and have been for some time. Can you say "insider trading"? (SEC, are you listening with deaf ears and watching with blind eyes as you usually do?) Also, if you read the original release statement, this new company OWNS the national events. If your identity as a Stock/Super Stock participant is dependent on what has traditionally been NHRA national events, you will have a crisis. The format will change. This new group has its eyes set on a NASCAR-like NHRA Pro presentation to the American consumer audience to make as much $$ as possible. Nothing wrong with that. But you don't see sportsman participation in a Nextel event. When the vast majority of sales done at national event is souvenirs and personality memorabilia rather than parts sales as it used to be, you understand their strategy. What we hope for that is implied behind the same press releases is that the remaining NHRA will concentrate on developing and promoting the sportsman racing as they stated. Our venue of focus, performance and participation will become different.

Dwight,,,if doesnt offend me in the least about who ,,,its how they acquired the assets of Nhra in this new company ,,,,and another thing that does piss me off to no end is ,,what about the tax issue??? It pisses me off to no end that I have to bust My *** to pay taxes that I owe and a group of con artist get to loop hole through it,,,,now personally, I couldnt care if they closed up shop tomorrow.....


Dick,,if you really believe that last statement you made,,,...well never mind,,,,

Tgriffith, last statement? Another organization that might make it better? Yes I think if you can imagine all the bad stuff about how much the entry will become and how there wont be a place for Sportsman at National events it sure seems reasonable to iimagine the opposite that it could be even Better the new way.... Lets start a positive discussion instead of spiralling down the attitudes by "guessing "the worst.
Remember the story of the little kid that opened the door to a room and got all excited because it was full of Horse Manure? When asked why he was digging around and screaming in excitement his response was" with all this manure in here there has to be a pony here somewhere/"


Dick Butler 3529

Well one thing about comparing that story to Nhra,,,,,thats pretty close to what alot are thinking,,,,a room full of crap

Stock/Super Stock future will not be found in "NHRA Pro Racing", it will be found in "NHRA". (Or other sportsman-promoting organizations.) Considering the new deal is a for-profit entity, and that sportsman racing has generated 20% of the revenue but cost 80% of the management expense for the last 15 years, what do you think their business strategy will be? This is not rocket science, this is math.

The best that sportsman racers can do is change the climate of sportsman racing to be one of promotion, fun-excitement, and co-operation. Maybe some new racing programs that will have more crowd appeal would help. (Thanks Dick, Dave Ley, Pat, the U/SA guys and others who have shown some spark there!) There will be no future jousting with windmills or destroying the sandbox.

IHRA

Chip Johnson

I smell a rat..... It's been a few year but best I remember Billy Meyer tried something like this when he bought IHRA out sweveral years ago. We all know how that turned out. IHRA is finally making a come back and it may be just in time.

Michael Nero

So what about a scenerio, not under NHRA, where there are the division style races and the national events replaced with sportsman only all run big payout events.

Michael -

Big payout events with prestige are necessary (it's not only about money, otherwise we would all be just bracket racing). More frequent local events are also necessary to build the desire and vision for particpating and winning the big ones. Also, the exposure and appetite for class-racing needs to be kindled at the basic grassroots level for the spectators to attend.

The truth, if it has ever been written.

Alan Roehrich


Bring "AA" classes to NHRA Stock Eliminator!

If the "Big payout events with prestige" are NHRA national events, then the writing is already on the wall that it will likely, eventually, be a significantly reduced field with only "select" sportsman that can afford the time and money to attend! Most sportsman racers will be limited to regional/divisional events, which is already happening because of fuel, entry fees, length of events, etc.

There are MANY more people with the desire and competiveness to go to national events than there are those who can afford to go.

Any other NHRA "Big payout events with prestige" would have to be built from scratch. (Unless you count "Sportsnationals"-type events.) I, for one, wouldn't mind trying to race in NHRA also. But tack on at least a day or two to the schedule with the associated expenses, as compared to IHRA events, and the idea is not doable at any serious level.




Locomotion Racing
http://www.geocities.com/locomotionracing

Myron -

I was not necessaerily referring to the NHRA national events as we have known. The new NHRA could easily build a structure to take the national level focus of sportsman championships out of the current national event venue (since they don't own them any more) and build a structure that focuses on a series of Sportsnational type events. then you find that the NHRA Pro Racing national events are just big events with some prestige and prize, but the real championship is found in the sportsman based events. For example, if the points you earned at sportsman based national events were twice as valueable toward a championship as NHRA Pro Racing events, then the sportsman based events quickly become the focus and prestige.

IHRA is positioned well at this point for Stock/SS racers.

Dwight,

I understand. Hopefully there wouldn't be any type of "no compete" clause in the contract. That "legal stuff" can get pretty complicated.

And I agree, IHRA is in a good position to take advantage of the uncertainties in the sportsman segment of the sport. There are already many NHRA cross-overs.

Locomotion Racing
http://www.geocities.com/locomotionracing

Re: Glad I sold my stocker---(not really)
 

I'm glad you sold your stocker! LOL It's been a great car for me. Best Appearing Lebanon Valley Divisional 2008 and #7 Qualifier at Cecil County Divisional 2008

Re: Glad I sold my stocker---(not really)
 

Gezzzzzzzzzzz, and most of you thought I was crazy when I mentioned all of whats happening now on this very forum over 7 years ago. DUH !

Re: Glad I sold my stocker---(not really)
 

Bottom Line is this/ WE can race with them or not race with them Our Call.