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#1 |
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In the end, how does anybody think NHRA loosing it's not for profit status (providing that's how it turns out) will have any effect at all on us?
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Ed Wright 4156 SS/JA |
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#2 | |
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If NHRA is operating illegally, we, the racers, can only hope for the best of what will happen. I dont want them to fold, pass on more increases, etc. But, I do want to race and will continue to as money allows. You can see where I'm coming from, cant ya? Wade O |
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#3 | |
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Billy Leber 1150 SS, 1050 SG, 1962 STK, 185 SC |
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#4 | |
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Last edited by X-TECH MAN; 01-21-2011 at 10:46 AM. |
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#5 | |
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I'm certain that Skooter Peaco, (the rest of the IHRA), and heck even the powers that be at NASCAR, will be watching to see how this all goes down as well???
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Gary Hampton '86 Z24,173 V6 CF/S #5824 (#78 in 2021) |
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#6 |
Senior Member
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Actually, we were both wrong Toby, it was 14.5%. But, in the end, it doesn't matter. Unless NHRA is in top 10 not-for-profit trade organizations in the U.S., they can't possibly justify that his salary isn't excessive. If you want to operate as a not-for-profit, that's fine, but you also have to show some restraint when it comes to your expenditures, which NHRA clearly has not done over the years.
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Jason Oldfield S/G & S/St 1838 |
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#7 |
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#8 |
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Well, I hope this is not an opening of Pandora's box..... I would certainly like to see better practices on behalf of the Sportsman Racer from NHRA, but I wonder if this lawsuit will turn things in that direction, or have unintended consequences for all of us.
The Salaries quoted do seem excessive, but I don't buy for one minute that Dallas and Graham work 1 hour a week. Anyone who has run any type of organization larger than 5 people knows that the principal people involved put in many times the effort and hours that you would think they do, to make things happen. Having said that, 700K, 400K or more, may be excessive compensation for what they do, I don't profess to know enough about what kind of time & effort they actually expend, and whether the salary for those positions is justified. I DO know that I'm not real happy with how they have addressed (or failed to address) many issues on the part of the Non-Professional racer. The salaries are only a small part of a larger problem... how well does the organization serve it's designated members (ALL of them, not just the pros), and what kind of relationship does it maintain with it's members, suppliers, affiliates and contractors? How well does it control it's expenses, and does it distribute it's services equitably and in a fiscally responsible manner?? Does it properly account for all of it's activities and finances??? How well this has been done in the past will have a direct bearing on the procession of events in this lawsuit, and the outcome(s) relative to the average racer. I hope for the best...
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Marvin Robinson 3188 STK/SS Last edited by Marvin Robinson; 01-21-2011 at 11:49 AM. |
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#9 | |
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Gary Smith "another broke racer spectating" |
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#10 |
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Just a great example of "Executive/White Collar" crimes...
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