Quote:
Originally Posted by Don Kennedy
Most of the racers understand the way NHRA system works with Grade points ,never assume they don’t is best , but what I am confused about is the quota limit financially does not make “cents” if NHRA allowed just 100 more racers into a meet that would equal 100 more per race times 24 races so let say that each racer spends at most $500 so let me do the math 24 races times 100 is 2400 more entries at $500.00 each is 1.2 million .This is not chump change for any accountant or corporation .
If NHRA would just let 100 more racers into a meet ,let say who wins . The Racers , The Drag Strip Owners, The Sponsors, The Fans, and the Accountants of NHRA ,so can someone tell me why there is such a low Quota ???now if the quota is not changed just wait and see the entry cost will go up > I think I know the answer but I need other opinions?  |
Don, the NHRA is a Section 501(c)(6) not-for-profit. Above and beyond their expenses and their salaries, they don't care. They (apparently) aren't buying race tracks anymore and they certainly aren't hiring anymore personnel. So other than their skeleton crew and the Board-of-Directors salaries, their profits would have to go to the NHRA Museum or to keeping racers (small R on purpose) off of the streets.
Now, I'm going to print part of their "amended" charter and you can take out of it whatever you'd like.
Section 2,B., "The specific purpose of this corporation is to improve business conditions in the sport of drag racing and in the hot rod industry and to promote and advance the common business interests of those engaged in the sport of drag racing and in the hot rod industry, to promote safety, sportsmanship and fellowship and the exchange of knowledge and information among hot rod enthusiasts, and to carry on it's activities within the purview of Section 501(c)(6) of the Internal Revenue Code of 1986, as amended, and California Revenue and Taxation Code Section 23701c."
Now, what I'm reading here is if "Don Kennedy Race Cars" or "Don Kennedy" sponsoring a race car shows up at the gate to Gainesville and is denied access to the Gator Nationals, then the NHRA would be in default of Section 2,B. of it's charter AND it's Section 501(c)(6) status.
Not to mention, if I can get stupid for a minute (I'm good at stupid), wouldn't it be embarrassing if the Racers (capital R on purpose) who were refused entry staged an illegal street race on that long, straight road just outside of the track? I'm not condoning that this happen but there have been stranger forms of protests before.
If someone would like me to post the entire NHRA charter for your reading enjoyment, just ask, I'll start a new thread.