View Single Post
Old 01-20-2011, 07:52 PM   #7
jim powers
Member
 
jim powers's Avatar
 
Join Date: Nov 2001
Location: manville nj
Posts: 359
Likes: 198
Liked 13 Times in 10 Posts
Cool Re: The IRS and NHRA, you gotta see this.

My two cents on this is what happens if
they loose in an audit and go to a for profit "normal" type business ,you really dont think the glendora 5 will start working for less do you???pros make up the difference??? i f'ing doubt it,they will rock our world with price increases of every shape fashion and form,they will most likely make it impractical for sportsman racers to participate,only the the most well to do will continue
they go bankrupt after paying insane fines and penalties
ihra may actually get a chance but would they be ready as a business to handle such a windfall of opportunity,while that is figured out we could possibly be without a national racing venue ,no points races; opens etc etc etc???!!!!!!?????!!!!!!!!!!???????????!!!!!!!!!!!? ????????
jim powers is offline   Reply With Quote