HOME FORUM RULES CONTACT
     
   
   

Go Back   CLASS RACER FORUM > Class Racer Forums > Stock and Super Stock

Reply
 
Thread Tools Display Modes
Old 05-20-2021, 02:12 PM   #1
BigBlockBill
Junior Member
 
Join Date: Apr 2020
Posts: 86
Likes: 531
Liked 98 Times in 31 Posts
Default Re: Nhra selling calif headquarters

Quote:
Originally Posted by GUMP View Post
As a business move, I don't understand the logic of selling the building and then leasing half of it back. Why not just lease half of the building out for long term NHRA income?
It only makes sense when looked at through tax codes, both Federal and State.
BigBlockBill is offline   Reply With Quote
Old 05-20-2021, 03:47 PM   #2
nickh
Senior Member
 
nickh's Avatar
 
Join Date: Sep 2010
Location: Houston,Texas
Posts: 819
Likes: 3,535
Liked 642 Times in 192 Posts
Default Re: Nhra selling calif headquarters

Wonder if they got a PPP Loan?
nickh is offline   Reply With Quote
Liked
Old 05-20-2021, 03:48 PM   #3
Jared Jordan
Senior Member
 
Join Date: Jun 2004
Location: Modesto, CA
Posts: 612
Likes: 199
Liked 534 Times in 118 Posts
Send a message via AIM to Jared Jordan
Default Re: Nhra selling calif headquarters

Anyone need a 64 Dodge?

Feels like I’m not going to have an available NHRA race in California by the time I get it back together. 😒
__________________
Jared Jordan
9 B/SA
2024 Jeg's D7 All Star - Stock
Jared Jordan is offline   Reply With Quote
Old 05-20-2021, 07:01 PM   #4
Frank Castros
VIP Member
 
Join Date: Nov 2001
Location: The Lowcountry.
Posts: 2,973
Likes: 2,586
Liked 2,723 Times in 960 Posts
Default Re: Nhra selling calif headquarters

Quote:
Originally Posted by Jared Jordan View Post
Anyone need a 64 Dodge?

Feels like I’m not going to have an available NHRA race in California by the time I get it back together. 😒
Sounds like an opportunity for a big bucks "independent" race(s) at Las Vegas (?) for the D5-6 & 7 contestants.
Frank Castros is offline   Reply With Quote
Liked
Old 05-20-2021, 08:12 PM   #5
Barry Polley
Guest
 
Posts: n/a
Default Re: Nhra selling calif headquarters

Quote:
Originally Posted by Jared Jordan View Post
Anyone need a 64 Dodge?

Feels like I’m not going to have an available NHRA race in California by the time I get it back together. 😒
Same Boat Jared.

But now we have a double N.O at Sac and Fallon... So they could have pulled off a divisional?? ..

Last edited by Barry Polley; 05-20-2021 at 08:51 PM.
  Reply With Quote
Old 05-20-2021, 08:22 PM   #6
John Winslow Jr
Member
 
Join Date: Sep 2006
Location: Prunedale Ca
Posts: 196
Likes: 537
Liked 411 Times in 87 Posts
Default Re: Nhra selling calif headquarters

Very frustrating out here
John Winslow Jr is offline   Reply With Quote
Old 05-22-2021, 10:35 AM   #7
ken robinson
Member
 
Join Date: Dec 2001
Location: tomsriver nj
Posts: 479
Likes: 74
Liked 215 Times in 86 Posts
Default Re: Nhra selling calif headquarters

With the trend of working from home its a no brainer to sale a building in CA. Move a couple of desks and file cabinets to a room in the towel at indy . If the head brass doesnt what to relocate just work from home or dont let the door hit you in the ***** . They would sale a race track in a heart beat but god forbid CA property . To bad they are not elected to positions my members . Or there pay reflexes there bottom line then you see some creative actions .
ken robinson is offline   Reply With Quote
Old 05-22-2021, 07:55 PM   #8
Greenlight
Member
 
Join Date: Dec 2004
Posts: 215
Likes: 16
Liked 79 Times in 22 Posts
Default Re: Nhra selling calif headquarters

Salary of top brass from 2018 IRS return.


https://imgur.com/E4XUP19
Greenlight is offline   Reply With Quote
Liked
Old 05-23-2021, 10:39 AM   #9
Kevin Panzino
Senior Member
 
Kevin Panzino's Avatar
 
Join Date: Oct 2002
Location: Pittsburgh
Posts: 575
Likes: 298
Liked 747 Times in 136 Posts
Default Re: Nhra selling calif headquarters

Quote:
Originally Posted by Greenlight View Post
Salary of top brass from 2018 IRS return.


https://imgur.com/E4XUP19
Those are very low salaries for executive compensation compared to most companies.
Kevin Panzino is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -4. The time now is 07:31 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
Copyright Class Racer.com. All Rights Reserved. Designated trademarks and brands are the property of their respective owners.