Whose interests does NHRA represent?

X-TECH MAN · 09-23-2010, 10:30 AM

Quote:

Originally Posted by Don Kennedy

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

They make "HOW MUCH" for "HOW MANY HOURS " they call work ! They are NOT worth it ! Wow...have they ever got you fooled ! They are talking and acting just like politicians.

Don Kennedy · 09-23-2010, 10:39 AM

Quote:

Originally Posted by X-TECH MAN

They make "HOW MUCH" for "HOW MANY HOURS " they call work ! They are NOT worth it ! Wow...have they ever got you fooled ! They are talking and acting just like politicians.

No They don't have me fooled

Ed Fernandez · 09-23-2010, 11:25 AM

Quote:

Originally Posted by Don Kennedy

No They don't have me fooled

Don,have you ever discussed the current situation with the CJs and DPs?What was their
position on them.

Greg Hill · 09-23-2010, 12:44 PM

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.

Don Kennedy · 09-23-2010, 01:24 PM

Quote:

Originally Posted by Ed Fernandez

Don,have you ever discussed the current situation with the CJs and DPs?What was their
position on them.

Ed don't care I am just working harder on my stuff or trying to lol

Chad Rhodes · 09-23-2010, 02:21 PM

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.

Don Kennedy · 09-23-2010, 03:06 PM

Quote:

Originally Posted by Chad Rhodes

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.

LOL and that is funny .

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

Paul Ceasrine · 09-23-2010, 04:24 PM

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.

09-23-2010, 12:44 PM	#4
Greg Hill VIP Member Join Date: May 2006 Location: Louisville , KY Posts: 1,995 Likes: 69 Liked 279 Times in 68 Posts	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. __________________ Greg Hill 4171 STK

09-23-2010, 02:21 PM	#6
Chad Rhodes VIP Member Join Date: Jan 2005 Location: Where the Green Grass Grows, AL Posts: 2,375 Likes: 0 Liked 3 Times in 3 Posts	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. __________________ Chad Rhodes 2113 I/SA

09-23-2010, 04:24 PM	#8
Paul Ceasrine VIP Member Join Date: Apr 2009 Posts: 2,546 Likes: 0 Liked 10 Times in 10 Posts	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.